Sentences with phrase «many oil wells»

In 2020, the planet's oil wells will produce nearly 12.7 billion gallons a day of water.

They rely on sensors, which print off a report that looks like a seismograph reading, to gauge the viability and soundness of an oil well.

It invested in developing wind farms, only to pull back from the sector after deciding wind was a waste because the average wind farm delivered lower margins than the average deepwater oil well.

Really, a powerful sales letter is like having a little oil well in the backyard, pumping out money for you, day and night.

It is also planning to drill up to three new oil wells on a new project in Colorado after strong results from its first well drilled last year.

The company will invest 90 per cent of its 2018 capital budget of between $ 535 million and $ 585 million in the United States, most in North Dakota Bakken light oil wells, where production is expected to grow by 30 per cent.

They lead production facilities like oil wells, mines and fisheries, and are responsible for a wide variety of duties, from ensuring production targets are met to quality control to health and safety.

A gas flare burns an oil worker monitors a water tank while loading saltwater from an oil well storage tank near Sidney, Montana.

Oil production is still growing but not nearly as fast as the number of oil wells, according to the state Department of Mineral Resources.

The emissions from natural - gas - fired boilers used to generate steam make the well site more carbon - intensive than conventional oil wells.

Unlike traditional onshore oilfields, which might have an annual production decline of 5 % or less, shale oil wells often decline more than 50 % in their first year.

There will also be a move to renewables, but they can't replace the output of an oil well or a nuclear plant.

In the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customers.

On a conference call to discuss fourth - quarter earnings that beat analyst expectations, the Calgary - based company said Thursday it plans to drill only 59 net Alberta heavy oil wells in the current quarter, down from 116 drilled in the fourth quarter.

PERTH - based junior Nido Petroleum Limited has brought its third oil well into production on the Zhongyuan redevelopment project in China.

Three such examples are Aimsio, a digital ticketing software that streamlines field operations by enabling users to file reports, dispatch resources and track project progress all from one central location; DarkVision, which developed a new ultrasound technology that allows companies to create 3D images of the inside of oil wells, enabling them to make more informed and cost - effective production decisions; and Unsist, which uses artificial intelligence to help oil and gas companies make better production and operational choices.

Frank Chelsey and Robert Galbreath drilled the farmland and built the first oil wells in the area.

Flanked by other trucks carrying security guards, Quevedo passed a handful of workers waiting by an oil well cluster.

Many geologists are starting to raise alarm bells that the pressure in shale plays is coming off quicker than expected and shale oil wells could start turning gassy earlier and earlier.

New shale oil well productivity drove U.S. production higher in the last few years, with the average daily rate for the first month of operation rising from less than 100 Continue Reading

The oil company incurred a $ 12.7 million write - down in 2012 due to the drilling of dry oil wells.

Many U.S. oil wells became unprofitable to drill, yet continued to drill to avoid defaulting on their outstanding debt.

With managed decline rates of roughly 4 % — 5 % in the existing oil wells and declining industry investment, we think it's inevitable that oil supply and demand will come back into balance at some point in the future.

(Photo Credit: flickr user «johngiez -» Photo «Oil well» by Maarten Heerlien, Creative Commons Flickr user under the 2.0 Generic CC BY 2.0 license)

But, if you are in the 15 % tax bracket, you will have to send $ 378 to Uncle Sam, effectively giving you $ 2,142 in oil well money from Exxon that you can use to spend as you please.

ExxonMobil started its humble beginning in 1859 when Colonel Edwin Drake and Uncle Billy Smith drill the first successful oil well in Titusville, Pennsylvania which led to the oil gold rush.

An April report from the Canadian Association of Petroleum Producers revealed that the oil and gas industry had seen a 62 percent drop in capital investment, and a drop of 66 percent in the amount of new oil wells drilled over the last two years.

On CNBC, a Wall Street veteran was asked on the trading floor of the New York Stock Exchange how it was that the price of oil had not soared because of the missile war in our region, and he replied unhesitatingly, «Because there are no oil wells in Gaza».

Oil analysts say forecasting the timing of a bottom in prices has been particularly difficult because of the unknowns around U.S. production, and most have now extended their forecasts for low oil well into next year.

In lieu of buying an oil well, investors seeking to profit from low prices on black gold might consider master limited partnerships or MLPs.

In particular, more than half of those surveyed knew who ran the oil well that exploded in the Gulf, that the budget deficit is larger now than in the 1990s, that Republicans were the big winners on November 2nd (though fewer than half know that they'll only control the House and fewer still can identify John Boehner as Speaker), that the U.S. has an international trade deficit, and that unemployment is pretty close to 10 percent.

What if an America made energy - independent by the shale revolution decides that the US should no longer guarantee the safety of oil wells in Saudi Arabia and Kuwait?

I do know a little something about oil well drilling.

Utilities and other corporate interests, in a parade of TV advertisements defending atomic power plants and off - shore oil wells, suggest that environmentalists are sincere...

I could see oil wells pumping in many places, yet Cuba itself is supplying only about 5 percent of its petroleum needs.

According to an Associated Press report, there are up to 27,000 abandoned oil wells in the Gulf of Mexico that aren't being monitored by anyone.

About 2,000 wealthy investors poured $ 130 million into a scheme to drill oil wells.

Now Evangelicals want to do this to Middle East to take their oil wells for themselves, and their land for Israel.

If you are adverse to it for whatever reason, you may choose an oil better suited for you.

«Question: Is grapeseed oil a good choice?

Add 1/4 olive oil to another bowl, spread the oil well and then place the dough into the bowl to rest.Cover it with the tea towel.

They are SO easy to use — add water & oil (I like coconut oil best) & they taste SO good!

I can not stomach palm oil well or dairy for that matter and really just want a good birthday free of gastrointestinal distress.

Is this oil good for your skin or is it just a cooking oil?

Are various coconut oil good or best to use organic than unorganic, etc..

1 tub ricotta 250g cherry tomatoes 1 teaspoon olive oil Good quality balsamic vinegar — the type that tastes so good you can drink it A few handfuls of fresh basil leaves Black pepper

I like olive oil better than margarine quite often, at least better than the ones containing trans fat or hydrogenated fat.

But first, in order to make an intelligent decision about which coconut oil best suits your needs, you need to understand what is currently on the market, and how they differ.

4 — 5 beetroot — peeled and halved, then sliced into lengths 1 large red onion — peeled, halved and cut into wedges 2 tablespoons olive oil A good grinding of black pepper Balsamic glaze — if you can't get hold of this then you can substitute with a very good quality balsamic vinegar.

But first, in order to make an intelligent decision about which coconut oil best suits your needs, you need to understand what is currently in the market, and how they differ.