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New Mexico’s state treasurer is calling on state environmental regulators to close loopholes in proposed rules aimed at reducing emissions of methane and other pollutants from the oil and natural gas industry. State Treasurer Tim Eichenberg confirmed that he has joined with a long list of socially responsible investment groups that are citing gaps in proposed regulations from the Environment Department and the state Energy, Minerals, and Natural Resources Department. They outlined their position in a letter sent to Democratic Gov. Michelle Lujan Grisham. Lujan Grisham’s administration has said New Mexico stands to have some of the most expansive rules for addressing methane and other emissions from the oil and gas industry after many meetings with industry experts and environmentalists. The draft rules released by the environment department target oil and natural gas equipment that emit volatile organic compounds and nitrogen oxides.
The first rendering of what is to be the world’s largest direct-air-capture-plant in the Permian Basin. The facility is expected to capture up to 1 million metric tons of CO2 annually for enhanced oil recovery operations in Texas. Occidental Petroleum (Oxy) announced this week that it is joining the race to net-zero carbon emissions. The first step will be to eliminate or offset emissions from its own operations by 2040. The more ambitious leap will require the Houston-based company to do the same for all the oil and gas products it sells by 2050.
Salt water, produced water, waste water, oilfield brine—regardless of what you call it, large volumes have been coproduced with oil in the US for decades. But the volumes have surged in the past few years and doubled since 2009, along with widespread seismicity in some regions, most notably Oklahoma and, more recently, the Permian Basin. The increase in produced water and concerns about its effects have recently spawned a new business sector known as “the water midstream.” An estimated $9 billion to $11 billion of private capital has been committed to the oilfield water midstream business to date, and a further $16 billion is projected to be required. The value proposition for this business is optimizing the treatment and disposal of produced water, currently at water/oil ratios of approximately 4:1 for unconventional wells and 13:1 for conventional, at scale.
Solaris Water Midstream has begun operations at its newest large-scale water-reuse complex in New Mexico, the Eddy State Complex. The complex can supply 300,000 B/D of recycled produced water for operators in the northern Delaware Basin. Th complex adds to the company’s ongoing recycling operations at its Lobo Reuse Complex in Eddy County and the Bronco Reuse Complex in Lea County. Two additional water-recycling centers are expected to be completed by December. When all five water-reuse complexes are operating, Solaris Water will have the capacity to recycle more than 900,000 B/D of produced water, with over 3 million bbl of adjacent storage capacity.
The Trump administration rolled back regulations aimed at reducing emissions of the potent greenhouse gas methane from oil and gas operations, its latest move to unwind environmental rules ahead of November’s presidential election. New Mexico has proposed rules that would require its oil and gas industry to capture at least 98% of its emissions of the powerful greenhouse gas methane by 2026, a standard it said would be among the strongest in the nation. The Trump administration is seeking to ease more rules for oil and gas drilling that were adopted under the Obama administration, with the latest changes projected to save energy companies more than $130 million over the next decade. New Mexico state regulators vowed to keep the oil and gas industry in check during the COVID-19 pandemic and subsequent market collapse, as some groups worried that shut-in wells and other cost-saving measures could lead to operators flouting environmental regulations. The Alberta Energy Regulator has suspended a wide array of environmental monitoring requirements for oilsands companies over public health concerns raised by the COVID-19 pandemic.
The report details information obtained during the EPA’s outreach to stakeholders. The information in the report will help the EPA determine whether any future actions are appropriate to address oil and gas extraction waste water further. Elevated concentrations of strontium, an element associated with oil and gas waste waters, have accumulated in the shells of freshwater mussels downstream from wastewater disposal sites, according to researchers from Penn State and Union College. With concern growing that the underlying geology in the Permian Basin is reaching capacity for disposal wells, the Trump administration is examining whether to adjust decades-old federal clean-water regulations to allow drillers to discharge waste water directly into rivers and streams. The US Environmental Protection Agency (EPA) is embarking on a new study that will take a holistic look at how the EPA, states, and stakeholders regulate and manage waste water from the oil and gas industry.
New Mexico has proposed rules that would require its oil and gas industry to capture at least 98% of its emissions of the powerful greenhouse gas methane by 2026, a standard it said would be among the strongest in the nation. New Mexico state regulators vowed to keep the oil and gas industry in check during the COVID-19 pandemic and subsequent market collapse, as some groups worried that shut-in wells and other cost-saving measures could lead to operators flouting environmental regulations. New Mexico released data on excess greenhouse emissions from oil and gas operations to keep the public informed of the problem, as the state continues to develop stricter policies to regulate air pollution from the industry and other sources. The Permian Boom Collides With a Governor's Climate-Change Push New Mexico’s Lujan Grisham pushes an ambitious pro-environment agenda for an industry whose receipts dominate the state budget. Crude oil output has more than doubled in New Mexico over the last 4 years, making it the No. 3 producer among US states, but a January change in state leadership to Democratic control has industry executives fearing tougher regulations are coming.
The company’s first report on global emissions shows that, while the US emits the most, Canada has the highest emission intensity and Norway has the lowest. The combined effect of COVID-19 and an ongoing oil price war has ushered in one of the worst downturns for the energy industry in modern history. Yet, a bright side is shining through; flaring levels in the Permian Basin have fallen sharply and will continue to decline, a Rystad Energy report shows.
Water is precious, and it is a factor in every aspect of oil production in the Permian Basin. It is used to produce the hydrocarbons, and it is produced with them. In the often-arid region of the Permian, finding a balance between water production and use can be a challenge. The combined effect of COVID-19 and an ongoing oil price war has ushered in one of the worst downturns for the energy industry in modern history. Yet, a bright side is shining through; flaring levels in the Permian Basin have fallen sharply and will continue to decline, a Rystad Energy report shows.
The COVID-19 disaster and a catastrophic fall in oil prices could leave the state on the hook for billions in environmental cleanup costs if oil and gas companies go bankrupt during the health crisis, New Mexico's top land official says. A recently completed health impact assessment in New Mexico found periodic spikes of formaldehyde and other pollutants associated with oil and gas development recorded at unsafe levels for short periods of time near homes. Officials in southeastern New Mexico are struggling to monitor sewage problems from hundreds of camps used to house transient oilfield workers. A partnership between ConocoPhillips, Marathon Oil, and XTO Energy has resulted in the opening of a new clinic catering to the safety and health of oil and gas employees in Carlsbad, New Mexico.