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Can PGP Qualify for Condemnation Authority?

Producer's Edge

The issue in this case, Right-Way Sand Co. 2022), the Texas Supreme Court held that PGP is an “oil product” qualifying for statutory condemnation authority under section 2.105 of the Business Organizations Code because it is derived from crude oil. Pipelines LLC , No. 01-23-00573-CV, 2024 WL 1862861 (Tex.

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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

This recent case [ MIECO, L.L.C. With these common strings, this case could have implications (small or large) for other similar pending disputes across the state. Under the contract, Pioneer agreed to deliver 20,000 MMBtu of natural gas daily to MIECO at the Ehrenberg pooling hub on the Arizona-California border.

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OPEC+ Meeting in December: quota busting could wident the existing rifts!

Crude Oil Futures

The departure of Angola from the alliance is a case in point. The price of LNG, liquified natural gas, was at $3.18. That, however, is not the end of the story. it is well in excess of the quota, indeed. As of 13:45 GMT, the prices of WTI and Brent, meanwhile were at $68.99 respectively.

Oil 52
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Collaboration: Key to the first multicloud blockchain deployment

IBM: Oil & Gas

We create software solutions for participants in the oil and gas supply chain — the producers, suppliers and retailers who move bulk liquids like crude oil, natural gas liquids and derivatives like natural gas, propane, butane and more.

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A Guide to Enhanced Oil Recovery (EOR)

Drillers

These are both production approaches that work well at conventional wells in formations with excellent permeability characteristics, meaning it is easy to extract the oil from the rock. They also work well with lighter (less viscous) crude oil grades. But not all oil-bearing geology is the same and not all oil is the same.

Oil 52
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Nigeria Oil Industry Overview

Drillers

Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa. Nigeria joined OPEC in 1971 before it even had its own state oil company. The dispute continues as local communities sue oil companies for damages with mixed success.

Oil 52
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Drilling Rig Systems

Rig Skills

Annulus Annulus is space between tubular and open hole or cased hole. So swivel part connected to kelly or TDS it rotate whereas swivel part connected with rotary hose remain stationary. Drill string Drilling fluid or mud from swivel pass to drill string and it exits from bit. Where drilled cutting is removed.