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The collaborationamongthe three companies would leverage in-basin natural gas production, advanced energy generation via fuel cell technology, and infrastructure financing to create a highly efficient, scalable, and sustainable energy solution tailored for the rapid expansion of data center power capacity requirements.
This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.
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According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. Our Dual-Drive natural gas compression system, in use since 2001, features patented technology that involves both a natural gas engine and an electric motor. In fact, the No.
At Wintershall Dea, we’re committed to digitization that improves our decision making and makes us more efficient, competitive and sustainable. When studying a particular exploration tract, we can ask questions like “What reservoir formations are in this basin?” ” and get an intelligent answer.
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.
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