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Oil & Gas

Oil & Gas

North Dakota expects ‘big surge’ in oil output

North Dakota, the second-largest oil-producing state in the US, expects output to surge through the summer as more benign weather gives roughnecks extra time to work in the field. Output rose about 3.6% to 1.04 million barrels a day in May, the state’s Department of Mineral Resources reported yesterday. It was the largest increase since August. The growth came even as rain and high winds kept well- completion crews out of the fields for several days during the month. Better summer weather will lead to production growth in the region of 5 to 6% a month in June, July and August, said Lynn Helms, director of the state’s Department of Mineral Resources.

Energy Technology

Pollution from coal plants injects life in old oil wells

The dream of pollution-free coal plants is getting a boost from growing demand for carbon dioxide used to revive old oilfields. In one of the first projects to harness the C02 waste of a coal plant for oil drilling, power generator NRG Energy Inc. announced today that it’s beginning construction on a $1billion retrofit of its East Texas coal plant. NRG will pump carbon dioxide pollution from the plant deep into a nearby oil field that it partially owns. The idea is to loosen trapped crude deposits, making old wells flow like new while burying the harmful greenhouse gas. Cash from the increased oil production will help pay for the project, NRG said in a statement today.