Mike Butcher’s Post

In the June issue of Hydrocarbon Engineering, Gordon Cope, Contributing Editor, discusses the state of #oil and #gas markets in South and Central America and considers how countries can realise their #energy potential amongst political storms. Click here to register for free to read the insightful article, alongside exclusive case studies from #downstream experts: http://bit.ly/HE-Trial #oilandgas #SouthAmerica #CentralAmerica

DRILLERS EMBRACE ELECTRIC RIGS Oil and Gas Drillers Embrace Electric Rigs, But Grid May Not Be Ready, Says Dallas Fed https://hubs.la/Q02RfnlB0 U.S. shale oil and gas executives are moving to electric rigs and fracking to reduce diesel emissions but grid infrastructure and cost challenges are hurdles, the Federal Reserve Bank of Dallas said on Wednesday in its quarterly energy survey. #oilandgasindustry #oilandgas #energyindustry #drillers #grid #dallas #energy

The US gas industry is in a state of abundance, with producers now considering the closure of wells that were only recently drilled. As one expert put it, the US is "swimming in gas". This abundance of supply is a result of the country's recent surge in gas production, which has led to an oversupply. #USGasIndustry #GasProduction #EnergyIndustry #Oversupply #LowerPrices #IndustryAdaptation

The United States has accounted for about 30% of the world's total gas production, and Texas (32.5%) and Louisiana (18.3%) together account for more than half of all natural gas produced in the United States through 2021. More fascinating insights about the history of natural gas in the United States in this week's Visualizing Energy data story: http://spr.ly/6040e9Cm6 #NaturalGas #Energy

New laws charge large oil and gas companies for excessive methane emissions, starting at $900 per metric ton this year, and increasing to $1,200 next year and $1,500 thereafter. Innovative technologies like Macaw Energies’ F2X are available to mitigate flare and methane emissions. We look forward to increased scrutiny and accountability to foster a more responsible and sustainable approach to oil and gas production.

🛢️ **Gas Cap** *n. [Well Completions]* "The gas that accumulates in the upper portions of a reservoir where the pressure, temperature, and fluid characteristics are conducive to free gas." *Ps:* Remember, even the deepest reservoirs can be tapped into with the right drilling spirit. Never give up on your dreams, and keep exploring the possibilities that lie within you. #OilandGas #Exploration #EnergyIndustry #NeverGiveUp 🌟

The yearly amount of natural gas vented or flared in the U.S. decreased to 0.5% of gross withdrawals in 2023, according to the EIA. https://ow.ly/csnY50SmNf1 #gas #flaring #Permian

Wood Mackenzie's NatGas Real-Time (RT) has just alerted me that first #gas is finally flowing on the long awaited Mountain Valley Pipeline (MVP). 0.3 bcfd is being delivered into the Cherrystone interconnect with Transco pipeline and flowing southbound. Minor volumes are also being delivered into Roanoke Gas. How much will gas flows ramp up to? Will producers grow into the new takeaway capacity? What are the regional basis implications? Ask Woodmac's North America gas market experts (www.woodmac.com).

TEXAS NATURAL GAS PIPELINE EASES BOTTLENECKS Texas Natural-Gas Pipeline Eases Bottlenecks, Paves Way for Higher Shale Output https://hubs.la/Q02TYcyy0 #texas #naturalgas #shaleoutput #shale #energyindustry #oilandgasindustry #energynews

Storage Terminals Magazine: Thanks again to Alex Wolfe and the team for the amazing interview and very clever thank you gift. It was my pleasure to be interviewed and can’t wait to hear more interviews from professionals in the Energy sector. Thanks again Alex Wolfe and the whole team at Wolfe Power Club #storageterminalsmagazine #tankstorage #oil #chemicals #gas #tankterminals #bulkliquids #tanks #storagetanks #storageterminals #liquids #storageterminalsmag #news