COMPUTER MODELLING GROUP (Toronto symbol CMG; www.cmgroup.com) sells consulting services and software that help
oil and gas producers use advanced recovery techniques to get more out of their existing wells.
The volume will only get larger, too:
oil and gas producers use at least 7.5 million liters of water per well to fracture subterranean formations and release entrapped hydrocarbon fuels, a practice that has grown in the U.S. by at least 48 percent per year in the last five years, according to the Energy Information Administration.
Not exact matches
Maduro has also reportedly ordered several state - owned companies, including an
oil and natural
gas company
and aluminium
and gold
producers, to
use the Petro for a percentage of their sales
and purchases moving forward.
Beyond the actual
gas project
and LNG sales, China's state - run shipping conglomerate COSCO has also secured a 50 percent stake in the four LNG shipping carriers serving Yamal.90 Chinese engineers
and workers have been deployed to the Yamal Peninsula to help construct surrounding infrastructure, which includes a Chinese - produced polar drilling rig.91 Moreover, a Chinese
oil and gas rig
producer now provides Russia with about 60 percent of its imported
oil rig supplies, indicating that China is becoming a dominant player in this sphere.92 Chinese media recently hailed Yamal as an example of China's construction
and engineering prowess
and a symbol of its transformation into an Arctic player.93 In return for China stepping into support the project, senior officials from Novatek, the main shareholder of the project, announced that the first LNG shipment would symbolically go to China.94 But a British subsidiary of Malaysia's Petronas purchased the first shipment of Yamal LNG
and sold it to France's Engie, which then shipped the cargo to its Boston import facility for American
use.95 Western sanctions on Novatek, Russia's largest independent national
gas producer and a company with close ties to the Kremlin, made Yamal's pivot to China possible, as sanctions forced Russia to find an alternative source of investment
and technology.
Producers could also shift more drilling to crude
oil, selling it for $ 100 a barrel, or
gas liquids, a valuable
oil - equivalent byproduct of
gas used in chemicals
and plastics production.
What I see is that by
using sunlight
and wind more efficiently coal,
gas,
and oil are more available for other
uses, which their
producers certainly will exploit.
The analysis also included calculations of a
producer's direct emissions via flaring
and venting processes, emissions from entities
using their own fuel,
and fugitive emissions of methane from
oil and gas operations
and coal mining.
Oil producers and refiners, along with manufacturers of steel, aluminum
and even home appliances, are fighting a proposal by the Environmental Protection Agency that would make the amount of greenhouse
gas emissions that companies release —
and the underlying data businesses
use to calculate the amounts — available online.
The worksheets available below constitute the details each entity's production of
oil & NGLs, natural
gas, coal,
and cement from as early as 1854 to 2010, as well as additional sources of emissions (such as vented CO2, flared CO2, own fuel
use,
and vented or fugitive methane), non-energy
uses of
oil,
gas,
and coal, emission factors for each fuel, calculation of emissions attributed to each Carbon Major
producer,
and several summary worksheets by fuel
and for cumulative emissions by all entities.
Currently, Alberta prices GHGs from
oil sands
producers and other large emitters
using its Specified
Gas Emitters Regulation (SGER), which came into force in 2007.