The proposal, announced by state officials on July 20 after consultations with industry, would impact drillers in New Mexico’s portion of the Permian Basin oil hub where production has surged in recent years.
Twenty projects representing $292 billion face financing delays.
DCP Midstream LP and Kairos Aerospace Inc. revelaed a groundbreaking new methane management initiative across DCP’s portfolio of natural gas assets on July 6.
In hopes of avoiding a slowdown in momentum caused by the current downturn, OGCI Climate Investments launched a new program to finance oil and gas projects focused on methane reduction technologies.
Fall in crude oil demand leads to temporary environmental respite as flaring declines in the prolific Permian Basin.
By establishing a good strategy for emissions management, oil and gas operators can bring an end to the never-ending chase of identifying and fixing leaky systems.
New ground- and drone-based technologies use machine learning for real-time monitoring of methane leaks in oil and gas fields.