Sentences with phrase «of oil produced»

In other words, more CO2 is pumped out for the same barrels of oil produced, possibly at as high as a 1.5:1 ratio.

In terms of oil produced per day of rig drilling time, Bakken wells drilled in January 2014 produced 2.4 times as much oil as those drilled five years earlier, in January 2009.

Last fall, the International Energy Agency concluded that for every barrel of oil produced using manmade CO2, there is a net CO2 storage of 0.19 metric tons.

According to the USDA, nearly forty percent of the 2017 U.S. corn crop will be diverted to ethanol production, and just over 1/3 of the oil produced from soybeans, the leading source of vegetable oil in the U.S., will be diverted to biodiesel production in 2017/18.

Nor is oil produced from the Canadian tar sands as dirty from a climate perspective as many believe (some of the oil produced in California, without attention from environmentalists, is worse).»

In fact, since the RFS expanded renewable fuel volumes in 2007, over 1/3 of corn production and nearly 1/4 of the oil produced from soybeans have been diverted to biofuels.1 As the EPA points out, «because many biofuel feedstocks require land, water, and other resources, research suggests that biofuel production may give rise to several undesirable effects.»

Either way, Americans finally had an opportunity to make a huge shift away from their reliance on illiberal conflict oil, and towards a greater and more secure supply of oil produced in a peaceful country, upholding only the highest standards for minority rights, women's rights, workers» rights, and the environment.

Within two months on a gluten free diet, his overall health should improve, from everything from digestive complaints to the amount of oil produced by his skin and coat.

So far this year, 60 percent of all oil produced in North Dakota left the state by rail.

That's because your hair will soak up a lot of the oil produced by your scalp, Garrett adds.

These modern mills produce double the amount of oil produced in traditional mills.18

Roughly 40 percent of the oil produced from California's century - old fields relies on the steam technique — and it is the largest industrial use of natural gas in that state.

Of the trillion or so barrels of oil produced since the dawn of the Oil Age in the 19th century, a full quarter have been burned in just the first decade of the 21st century.

It has been responsibly estimated that with 6 percent of the total population, the U.S.A. uses 32 percent of all minerals — some estimates run as high as 60 percent — and 39 percent of all oil produced.

In addition, Canada is an oil - surplus country, exporting more than 60 percent of the oil produced domestically, with a substantial amount transported to the United States and the rest to Europe and Asia.

Impact on oil and gas production: compared to a carbon tax, Alberta's policy offers emitters less of an incentive to reduce production in order to cut GHGs, notes Leach: «assuming that the facility reduced production by 10 percent, and that emissions decreased proportionately (a simplifying assumption), the facility's emissions intensity would not change, so its carbon liability per barrel of oil produced would also remain constant.»

What is at play here is the unfair situation that other properly run clubs have to face when competing with resources of an Oil producing country and this just is not healthy for the sport!

A constant flow of oil produces the greatest effect.

Osinbajo, during his visit will interact with leaders and representatives of oil producing communities with the aim of finding solution to the crisis in the area.

But Mr Brown is facing severely problematic relations with Opec, the organisation of oil producing states which producers about half of the world's oil.

The Acting President, Prof Yemi Osinbajo presided over the meeting which also had governors of oil producing states; all the four service chiefs; Minister of Defence, Dan Ali; Minister of State for Petroleum, Ibe Kachichuwu; the Special Adviser of Amnesty Programme, Gen. Paul Boroh, in attendance.

Lagos State Governor, Mr. Akinwunmi Ambode has declared that Lagos has officially joined the League of Oil Producing States in Nigeria following the discovery of crude oil by Tunde Folawiyo Petroleum Company Limited in Badagry, Lagos.

Carbon Natural Gas Company Announces Formation of Carbon California Company, LLC and Acquisition of Oil Producing Assets and Related Financing Block Communications, Inc., (BCI) is a 112 - year - old privately held diversified media holding company headquartered in Toledo, OH.

The market rewards investors for taking undiversifiable risk (e.g. owning an index of oil producing companies) and does not reward investors for assuming diversifiable risk (e.g. owning a single oil producing company).

For investors seeking exposure to crude oil but looking to avoid investing in futures contracts, the stocks of oil producing companies may present an interesting opportunity to establish indirect exposure.

Compound that with the U.S. and U.K.'s less - than - stellar relations with all of the oil producing Muslim countries in the Mid East who would love the chance to really fuck us over.

Similarly, while some fuel - importing nations may see an overall benefit in terms of their trade deficits, there are plenty of oil producing countries who will lose out as demand falls and oil prices remain depressed.

Not exact matches

The field, covering nearly 75 square miles, was discovered in 1911 and has produced over 2 billion barrels of oil equivalent (BOE), making it one of the most productive fields in the United States.

There have been a number of high - profile derailments of trains — including one by UP — carrying shale oil, much of which is produced in new drilling areas without established pipeline networks and must be moved by rail.

The company operates in over 70 countries and produces about 3.7 million barrels of oil a day.

About 100,000 litres of oil and 190,000 litres of salty produced water is estimated to have affected an area about 200 by 200 metres square, according to the Alberta Energy Regulator.

The field has an estimated 8.5 billion BOE of original oil in place and 32 major producing zones currently identified.

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

Large integrated oil companies are known as such because they not only produce oil, but they also refine it into finished products, such as jet fuel, gasoline, heating oil, and diesel, and sell it via a network of gasoline stations.

Lewenza recommends buying stocks in integrated companies — those that both produce and refine oil, so that one part of the business is essentially benefiting from the misfortune of the other — as well as in oil transportation, such as pipeline companies.

Major energy companies are called «Big Oil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oOil» for a reason, as the vast majority of their profits comes from the upstream divisions, which explore and produce oiloil.

«We just closed on our first oil asset for $ 150 million, and it produces about 3,500 BOEs — barrels of oil equivalent — a day.

But the «breakeven» points for these companies — their cost - per - barrel of producing oil — vary widely.

The price dive could put pressure on the federal government to the tune of $ 2.5 billion annually for the next four years, according to a fall economic update from Ottawa, and oil - producing provinces such as Alberta, Saskatchewan and Newfoundland are staring down revenue and royalty losses worth billions.

According to the U.S. Energy Information Administration, Norway produces 1,602,000 barrels of crude oil a day, and its refinery capacity is 319,000 bbl / day — about 20 per cent of crude oil production.

Total produced 2.703 million barrels of oil equivalent per day (boe / d) in the first quarter, driven by ramp - ups and new acquisitions, up more than 5 percent compared to the same period in 2017, and above analysts» estimates of 2.663 million boe / d.

«The biggest sectors of steel consumption are in the construction industry, the auto industry, oil and gas industry, all of which need these products to produce competitive products,» warns Yerxa.

The project's three fields, Chayvo, Odoptu, and Arkutun Dagi, produce some 100,000 barrels of oil a day in temperatures that drop to nearly 50 degrees below zero.

«That would only be if there were losses of significant size in any major oil - producing countries, particularly in the Middle East.»

The U.S. can produce as much shale oil as it wants, but its Gulf Coast refineries are geared toward heavier kinds of crude that can easily process oil sand bitumen but aren't geared toward the lighter crude coming out of, say North Dakota's Bakken play.

When combined with the Company's existing 10,000 barrel per day agreement for in - field gathering with Oryx Midstream Services and planned investment of approximately $ 20 million in its own oil gathering system in 2018, PDC believes this agreement ensures its ability to successfully produce and deliver volumes in accordance with its current development plan.

Hypocrisy aside, it is a preferable sort of regulation in that it aims to set a standard for oil imports to meet, rather than blacklisting an entire producing region.

Under its current wording, it would ascribe all oil produced from Canada's oilsands a greenhouse gas rating of 107 grams of carbon dioxide per megajoule and thus force its importers to pay for carbon offsets.

Geopolitical concerns: Considerable geopolitics always plays a role in oil pricing, especially when they involve conflicts — like those in the Gulf Region, where roughly 60 percent of global oil is produced.

A rash of corporate scandals over the past decade, from the sub-prime mortgage crisis to the BP oil spill, has produced a default skepticism, Jekielek notes.