NEWS— Click on text to read news by category: General | Product | People | Worldwide
TGS Introduces In-Depth Carbon Storage Assessment for the Illinois Basin
September 6, 2024
TGS has released the Illinois Basin CO₂ Storage Assessment. This detailed study identifies prime reservoirs for carbon dioxide (CO₂) sequestration across a 66-million-acre region within the Illinois Basin. With unique data from 2,500 wells and a thorough analysis of key
T. Grant Johnson Named Next Chairman of TIPRO
September 6, 2024
In conjunction with the annual summer gathering of the Texas Independent Producers and Royalty Owners Association (TIPRO), the membership of TIPRO this week confirmed T. Grant Johnson as the next chairman to lead the association. His term as chairman of
STRYDE Awarded Landmark Seismic Contracts in Mexico
September 6, 2024
STRYDE, the company behind the world’s smallest, fully autonomous seismic node, has announced the signing of two significant contracts with Servicios Sísmicos de Exploración (SSE) and SeisGlobe Geoservices. These contracts represent STRYDE’s first projects in Mexico and strengthen its foothold
Cormetech Appoints Patricia Martinez as President and CEO; Mike Mattes Promoted to Chairman
September 6, 2024
Cormetech has appointed Patricia Martinez as the new president and CEO. This strategic leadership transition comes as Mike Mattes is promoted to chairman of the Cormetech board of directors. Cormetech is a leading manufacturer of SCR catalyst and carbon capture
Crescent Energy to Acquire Eagle Ford Assets for $168 Million
September 5, 2024
Crescent Energy Company has signed a definitive agreement to acquire assets from a private Eagle Ford operator for total cash consideration of $168 million, subject to customary purchase price adjustments. The acquisition is directly offset Crescent’s existing Central Eagle Ford
Voyager Midstream Acquires East Texas Natural Gas Gathering and Processing Assets from Phillips 66
September 5, 2024
Voyager Midstream Holdings, a portfolio company of Pearl Energy Investments, has acquired natural gas gathering and processing assets from Phillips 66. Located in Panola, Rusk, and Harrison counties in Texas and Caddo parish in Louisiana, this acquisition positions Voyager in
Weatherford Acquires Technology Company Datagration Solutions
September 5, 2024
Weatherford International has acquired Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having one of the industry’s most capable and contemporary digital offerings for production and asset optimization and demonstrates
Stanmore Resources to Build Gas to Electricity Power Station Its South Walker Creek Coal Mine
September 5, 2024
Stanmore Resources Limited has entered into an agreement with the Queensland Government for funding under the LEIP program toward a new 20MW gas to electricity power station at the South Walker Creek open cut coal mine. Supported by the Queensland
Petronas and Carbon Clean to Collaborate to Explore Carbon Capture Technology
September 5, 2024
Carbon Clean has entered into a memorandum of understanding (MOU) with PETRONAS CCS Solutions, a subsidiary of Petroliam Nasional Berhad (PETRONAS) to jointly collaborate and evaluate Carbon Clean’s carbon capture and storage (CCS) technology. Under the MOU, Carbon Clean and
XGS Energy Promotes Dr. Axel-Pierre Bois to CTO; Dr. Lucy Darago to CCO, Establishes Houston Office
September 5, 2024
XGS Energy has promoted Axel-Pierre Bois, Ph.D. to chief technology officer (CTO) and Lucy Darago, Ph.D. to chief commercial officer (CCO). The move comes as XGS continues to build its project pipeline and significantly expands its operational footprint in Houston,
