Porosity

Canacol Energy Ltd. Announces New Gas Discovery at Chontaduro 1

Retrieved on: 
Thursday, April 18, 2024
CDO, Corporation, TSX, Ciénega, Porosity, THP, CNE, Bactris gasipaes, Spondias mombin, Oil

CALGARY, Alberta, April 18, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Chontaduro 1 gas discovery.

Key Points: 
  • CALGARY, Alberta, April 18, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Chontaduro 1 gas discovery.
  • The CDO reservoir was perforated over a 279 ft MD Interval and the well tied into the Jobo gas treatment facility.
  • The Corporation is currently skidding the rig to drill the Chontaduro 2 appraisal well, targeting the CDO sandstone reservoir in the southern part of the Chontaduro discovery.
  • Chontaduro 2 will spud on April 18, 2024, and will take approximately 3 weeks to drill and complete.

Falcon Oil & Gas Ltd - Proposed Fundraising and grant of ORRIs to raise gross proceeds of approximately $8.5 million (£6.8 million)

Retrieved on: 
Thursday, April 18, 2024
ACT, Permian, Sasol, RESPECT, Tanumbirini, IP30, JV, THIS, FOG, Person, Fundraising, Bookrunner, AIM, FCA, Attention, ANY, WERE, Admission, Book building, Origin Energy, Issue, WITH, AS, Porosity, Place, Sale, EUROPEAN UNION, Pioneer Natural Resources, Announcement, Indian stock exchange, VIA, Holding company

Completion of the grant of the ORRIs is subject to agreement of final legal documentation and to submission to the Northern Territory Government, Australia for registration.

Key Points: 
  • Completion of the grant of the ORRIs is subject to agreement of final legal documentation and to submission to the Northern Territory Government, Australia for registration.
  • Falcon is an international oil and gas company focused on the exploration and appraisal of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary.
  • In 2020, Falcon Australia farmed down a further 7.5% and Origin agreed to increase the gross cost cap of the work program by A$150.5 million (c.US$97 million) to A$263.8 million (c.US$170 million).
  • PE was acquired for over US$7 billion by Pioneer Natural Resources Company (“Pioneer”), itself a leading independent oil and gas company.

Halliburton Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, April 23, 2024
Other Energy, Mining, Minerals, Oil, Gas, Energy, Natural Resources, Nuclear, Net income, International, HAL, Completion, S4, Elasticity, Carbon, Gulf of Mexico, CCUS, Porosity, Pressure, CO2, Evaluation, Partner, Video game

Halliburton's total revenue for the first quarter of 2024 was $5.8 billion, a 2% increase when compared to the first quarter of 2023.

Key Points: 
  • Halliburton's total revenue for the first quarter of 2024 was $5.8 billion, a 2% increase when compared to the first quarter of 2023.
  • Operating income was $987 million in the first quarter of 2024, flat when compared to the first quarter of 2023.
  • "Halliburton delivered solid first quarter results that again demonstrated the power of our strategy and the strength of our execution.
  • North America revenue in the first quarter of 2024 was $2.5 billion, an 8% decrease when compared to the first quarter of 2023.

Canacol Energy Ltd. Announces New Gas Discovery at Pomelo 1

Retrieved on: 
Wednesday, March 27, 2024
CDO, Spondias mombin, Corporation, CNE, TSX, Ciénega, Interval, Bactris gasipaes, Porosity, Cubic foot, Oil

CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.

Key Points: 
  • CALGARY, Alberta, March 27, 2024 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to provide the following information concerning the new Pomelo 1 gas discovery.
  • The well encountered 96 feet true vertical depth of net gas pay with average porosity of 21 percent within the primary Cienaga de Oro (“CDO”) sandstone reservoir.
  • The CDO reservoir was perforated over a 48-foot Interval and was tied into the existing flowline to the Betania substation.
  • The Corporation is currently mobilizing the rig to drill the Chontaduro 1 exploration well located approximately 3 kilometers to the north of Pomelo discovery.

TAG Oil Completes Drilling Stage of BED4-T100 Horizontal Well

Retrieved on: 
Monday, March 18, 2024
Porosity, Abu Rawash, ARF, TAG Oil, T100, Permeability, Natural gas

During drilling operations, there have been clear signs of free oil flowing into the wellbore and to surface, accompanied by consistently elevated gas readings across the ARF formation.

Key Points: 
  • During drilling operations, there have been clear signs of free oil flowing into the wellbore and to surface, accompanied by consistently elevated gas readings across the ARF formation.
  • The high pressure and potentially high gas to oil ratio in the ARF zone are projected to enhance the T100 well's production capabilities.
  • Given the notably higher reservoir pressure and gas readings observed during drilling, TAG Oil has made the proactive decision to adjust the lateral length to 308 meters (1,000 feet) as a safety measure.
  • TAG Oil will continue to provide further updates, as necessary.

Eco-Design Revolutionizes Septic Systems in 2024

Retrieved on: 
Monday, March 18, 2024
Coco, Porosity, Life, Certification, Absorption, Environment, NSF, Sand, Transport, Sewage treatment

As an NSF-certified septic system, the Ecoflo linear biofilter allows homes not connected to sewer systems to treat their wastewater and make it safe for the receiving environment.

Key Points: 
  • As an NSF-certified septic system, the Ecoflo linear biofilter allows homes not connected to sewer systems to treat their wastewater and make it safe for the receiving environment.
  • The Ecoflo linear biofilter is the first septic system of its category to use eco-design to maximize its individual components in a sustainable way.
  • Similar septic systems rely on scarce sand and use synthetic, non-renewable materials to filter wastewater.
  • This, paired with the renewable coco mattress, creates a septic system that is installed for life.

Lithium South Completes 400 Meter Pumping Well at Alba Sabrina

Retrieved on: 
Thursday, March 14, 2024
Lithium, Temperature, CPG, National instrument, Porosity, Public Storage

VANCOUVER, B.C., March 14, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) Lithium South Development is pleased to announce the completion of the first pumping well at the 2,089-hectare Alba Sabrina claim block located in Salta Province, Argentina.

Key Points: 
  • VANCOUVER, B.C., March 14, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) Lithium South Development is pleased to announce the completion of the first pumping well at the 2,089-hectare Alba Sabrina claim block located in Salta Province, Argentina.
  • The Alba Sabrina claim is the largest of the five, salar located claim blocks which total 3,287-hectares of the 5,687-hectare Hombre Muerto North Lithium Project (HMN Lithium Project) package.
  • Pumping well PW23-AS-02 has been completed to 400 meters of depth and has encountered sand layers as the dominant texture throughout.
  • "We are excited to announce the successful drill completion of pumping well PW23-AS-02 to 400 meters of depth," states Adrian Hobkirk, CEO at Lithium South Development.

Sinopec's West Sichuan Gas Field Enters Operation

Retrieved on: 
Thursday, March 14, 2024
Natural gas, Permeability, Carbon, Safety, Sichuan Basin, HKG, Porosity, Petroleum

BEIJING, March 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has announced that the West Sichuan Gas Field, Sinopec's third 100-billion-cubic-meter submarine natural gas field in the Sichuan basin, has been completed, marking another major milestone for its Project Deep Earth – Sichuan and Chongqing Natural Gas Base. The new gas field, with an annual output of 2 billion cubic meters of natural gas and 130,000 tons of sulfur, is set to provide more clean energy for Southwestern China and the regions along the Sichuan-East pipeline.

Key Points: 
  • Boasts Over 100 Billion Cubic Meters Capacity, Enhances Southwestern China's Clean Energy Supply
    BEIJING, March 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has announced that the West Sichuan Gas Field, Sinopec's third 100-billion-cubic-meter submarine natural gas field in the Sichuan basin, has been completed, marking another major milestone for its Project Deep Earth – Sichuan and Chongqing Natural Gas Base.
  • Sinopec overcame challenges such as low porosity and permeability in the West Sichuan Gas Field by pioneering engineering solutions, resulting in high yields with fewer wells.
  • The West Sichuan Gas Field, designed and built by Sinopec, features integrated gas extraction and desulfurization processes, ensuring closed-loop desulfurization and efficient green production.
  • The gas field boasts natural gas sulfur recovery rates of over 99.9% and produces gas that meets national standards while ensuring zero wastewater discharge.

Sinopec's West Sichuan Gas Field Enters Operation

Retrieved on: 
Thursday, March 14, 2024
Natural gas, Permeability, Carbon, Safety, Sichuan Basin, HKG, Porosity, Multimedia, Petroleum

BEIJING, March 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has announced that the West Sichuan Gas Field, Sinopec's third 100-billion-cubic-meter submarine natural gas field in the Sichuan basin, has been completed, marking another major milestone for its Project Deep Earth – Sichuan and Chongqing Natural Gas Base. The new gas field, with an annual output of 2 billion cubic meters of natural gas and 130,000 tons of sulfur, is set to provide more clean energy for Southwestern China and the regions along the Sichuan-East pipeline.

Key Points: 
  • Boasts Over 100 Billion Cubic Meters Capacity, Enhances Southwestern China's Clean Energy Supply
    BEIJING, March 14, 2024 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has announced that the West Sichuan Gas Field, Sinopec's third 100-billion-cubic-meter submarine natural gas field in the Sichuan basin, has been completed, marking another major milestone for its Project Deep Earth – Sichuan and Chongqing Natural Gas Base.
  • Sinopec overcame challenges such as low porosity and permeability in the West Sichuan Gas Field by pioneering engineering solutions, resulting in high yields with fewer wells.
  • The West Sichuan Gas Field, designed and built by Sinopec, features integrated gas extraction and desulfurization processes, ensuring closed-loop desulfurization and efficient green production.
  • The gas field boasts natural gas sulfur recovery rates of over 99.9% and produces gas that meets national standards while ensuring zero wastewater discharge.

Ventris Medical Receives 510(k) Additional Clearance for Amplify® Standalone Bone Graft Putty

Retrieved on: 
Wednesday, March 13, 2024
Element, Amplification, Porosity, Cell proliferation, Tissue, Algorithm, FDA, Doctor of Philosophy, Fertilizer

NEWPORT BEACH, Calif., March 13, 2024 /PRNewswire/ -- Ventris Medical, a privately held orthobiologics and tissue regeneration company, today announced that the United States Food and Drug Administration has granted 510(k) clearance in the intervertebral disc space for Synthetic Bone Graft Putty (Amplify®).

Key Points: 
  • NEWPORT BEACH, Calif., March 13, 2024 /PRNewswire/ -- Ventris Medical, a privately held orthobiologics and tissue regeneration company, today announced that the United States Food and Drug Administration has granted 510(k) clearance in the intervertebral disc space for Synthetic Bone Graft Putty (Amplify®).
  • The device can be used either standalone or in combination with autograft bone (1:1 ratio) as a bone graft extender.
  • Russell Cook, CEO of Ventris Medical commented, "We are very pleased to receive FDA clearance for Amplify® Synthetic Bone Graft Putty for the intervertebral disc space.
  • This milestone sets the stage for future product developments and establishes Ventris as a key innovator in the orthobiologics space."