Railroad Commission of Texas

Pioneer Natural Resources Responds to FTC Settlement Complaint Filed as Part of Approval of Proposed Transaction with ExxonMobil

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星期四, 五月 2, 2024
Professional Services, Other Natural Resources, Oil, Gas, Legal, Energy, Natural Resources, Permian, Gasoline, Methane, FTC, Nature, Pioneer, Pioneer Natural Resources, Safety, XOM, ExxonMobil, Supreme court, Natural gas, Health, Bankruptcy, Complaint, Consent, OPEC, Culture, Railroad Commission of Texas, PXD, COVID-19, Growth, Constitutional right, Security (finance)

Notwithstanding, Pioneer and Mr. Sheffield are not taking any steps to prevent the merger from closing.

Key Points: 
  • Notwithstanding, Pioneer and Mr. Sheffield are not taking any steps to prevent the merger from closing.
  • At the same time, Mr. Sheffield and Pioneer believe that the FTC’s Complaint reflects a fundamental misunderstanding of the U.S. and global oil markets and misreads the nature and intent of Mr. Sheffield’s actions.
  • During Mr. Sheffield’s career, it was neither the intent nor an effect of Mr. Sheffield’s communications to circumvent the laws and principles protecting market competition.
  • Mr. Sheffield also led the effort to curb methane emissions and flaring in the Permian Basin.

Glenfarne Energy Transition’s Texas LNG Updates Commercial Status and Concludes Required Permitting for Final Investment Decision

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星期四, 一月 25, 2024
Environment, Transport, Oil, Gas, Public Policy, Government, Sustainability, Energy, White House, Federal Government, State, Local, Logistics, Supply Chain Management, Natural gas, Hand, Port, Texas Historical Commission, Memorandum, EQT, Corps, ABB, News, Federal Energy Regulatory Commission, Railroad Commission of Texas

Brendan Duval, CEO and Founder of Glenfarne Energy Transition, said: “With these permits in hand and contracts signed, Glenfarne anticipates concluding commercialization of Texas LNG in the first half of 2024.

Key Points: 
  • Brendan Duval, CEO and Founder of Glenfarne Energy Transition, said: “With these permits in hand and contracts signed, Glenfarne anticipates concluding commercialization of Texas LNG in the first half of 2024.
  • Texas LNG has both its Federal Energy Regulatory Commission permit and Department of Energy non-Free Trade Agreement permit in hand, and we believe that makes the project among the most attractive options for contracting U.S. LNG.
  • The first LNG exports from Texas LNG are expected to be shipped in 2028.
  • Texas LNG was designed to be one of the lowest-emitting export terminals on the planet, providing reliable, responsibly sourced U.S. LNG that can help fuel the global energy transition to renewables and reinforce energy security.

CYBER ENVIRO-TECH 2024 SHAREHOLDER UPDATE; FOCUS ON LIFT COST REDUCTION; OIL/WATER CONTAMINATION REMOVAL; 45 BILLION BARREL ESTIMATED RECOVERABLE RESERVES

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星期二, 一月 23, 2024
Permian, OTC Markets Group, Stripper, Railroad Commission of Texas, Multimedia, Sodium, AI, Water supply, H2S, Recycling, Movement, Water, Longevity, Fresh water, Growth, Oil

In 2023, CETI made significant strides in developing its reservoir enhancement technologies to increase oil production and reduce lift costs.

Key Points: 
  • In 2023, CETI made significant strides in developing its reservoir enhancement technologies to increase oil production and reduce lift costs.
  • CETI's technologies are at the forefront of this movement and we are excited to be rolling them out 2024.
  • Cleaning the water and reusing it, or making it potable, is critical to the US's energy and environmental infrastructure.
  • The 45 million bbls of geologically estimated recoverable reserves in our pilot oil field is valued at over $3 billion at a $70/bbl.

Texas Capital Expands ETF Portfolio with Two New Innovative Offerings

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星期四, 十二月 21, 2023
Permian, Texas Capital Bank, Fund, Capital Bank, GDP, ETF, Trust, Railroad Commission of Texas, Index, Corporation, Eagle Ford Group, Security (finance)

DALLAS, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the launch of the Texas Capital Texas Small Cap Equity Index ETF (NASDAQ: TXSS) and the Texas Capital Texas Oil Index ETF (NYSE Arca: OILT).

Key Points: 
  • DALLAS, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the launch of the Texas Capital Texas Small Cap Equity Index ETF (NASDAQ: TXSS) and the Texas Capital Texas Oil Index ETF (NYSE Arca: OILT).
  • The TXSS ETF will track the performance of the Texas Capital Texas Small Cap Equity Index, a sector GDP weighted and market-capitalization weighted diversified index designed primarily to reflect the performance of stocks in small-capitalization companies headquartered in Texas.
  • “We are strategically broadening our ETF offerings, granting global investors unparalleled access to the dynamic investment opportunities in the Lone Star State,” said Edward Rosenberg, head of ETF & Funds Management for Texas Capital and president of the Texas Capital Funds Trust.
  • The Fund’s portfolio is managed by J. Steven Orr, the chief investment officer of Texas Capital Bank Private Wealth Advisors, and Carlos Pena, Texas Capital ETF & Funds Management’s portfolio manager.

CYBER ENVIRO-TECH, INC PROVIDES POTENTIAL SOLUTION FOR SEISMIC ACTIVITY IN THE PERMIAN BASIN

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星期三, 十二月 13, 2023
Permian, CETI, Bureau, Railroad Commission of Texas, OTC Markets Group, Economic geology, TWS, Ground substance, RRC, Drinking water, Moses Austin, Bacteria, University, Water, Rystad Energy, Corrosion, Injection, Natural gas, Sewage treatment, SWD

SCOTTSDALE, Ariz., Dec. 13, 2023 /PRNewswire/ -- (OTC Pink: CETI), Cyber Enviro-Tech, Inc has developed a water remediation system that could help reduce the increased seismic activity in the Permian Basin by treating and repurposing oil production wastewater.

Key Points: 
  • SCOTTSDALE, Ariz., Dec. 13, 2023 /PRNewswire/ -- (OTC Pink: CETI), Cyber Enviro-Tech, Inc has developed a water remediation system that could help reduce the increased seismic activity in the Permian Basin by treating and repurposing oil production wastewater.
  • All of these triggered earthquakes by decreasing the tight fit or clamping between rocks along natural faults through corrosion and extreme pressure.
  • The Railroad Commission of Texas (RRC) has suspended over 30 wastewater disposal sites aka SWDs (Salt Water Disposal wells) north of Odessa to Midland due to this surge in seismic activity.
  • Cyber Enviro-Tech's solution is simple – remediate the wastewater instead of injecting it deep underground so it can be repurposed back into the communities.

BKV and EnLink Midstream Commence First Carbon Capture and Sequestration Project in the Barnett Shale

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星期一, 十一月 13, 2023
CCS, Carbon, NYSE, FID, Carbon dioxide, Greenhouse gas, CO2, Global warming potential, BKV, Class, Natural gas, Railroad Commission of Texas, Oil

The project is forecasted to achieve an average sequestration rate of up to approximately 210,000 metric tons of CO2e per year over the course of the project life.

Key Points: 
  • The project is forecasted to achieve an average sequestration rate of up to approximately 210,000 metric tons of CO2e per year over the course of the project life.
  • "We are thrilled to officially commence our Barnett Zero Project and begin our newest chapter - commercial CCS operations," said Chris Kalnin, Chief Executive Officer of BKV.
  • Through the project, BKV and EnLink will dispose of and geologically sequester CO2 generated as a byproduct of the production of BKV's natural gas in the Barnett Shale.
  • "The commencement of operations for the Barnett Zero project with BKV reflects tangible progress on EnLink's vision to create the future of midstream.

Zefiro Methane Corp.’s Head of Operations Featured at Leading Energy Industry Conference

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星期四, 十一月 2, 2023
Carbon, Government, News, International Renewable Energy Conference, Conference, Public, Communication, METHANE, Gas, Railroad Commission of Texas, Renewable energy, Operation

BRADFORD, Pa., Nov. 02, 2023 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”) Head of Operations Matthew Brooks served as a featured speaker at the Energy Conference Network ’s inaugural Orphan & Idle Wells Texas event (“OIWT”).

Key Points: 
  • BRADFORD, Pa., Nov. 02, 2023 (GLOBE NEWSWIRE) -- ZEFIRO METHANE CORP. (the “Company”, “Zefiro”, or “ZEFI”) Head of Operations Matthew Brooks served as a featured speaker at the Energy Conference Network ’s inaugural Orphan & Idle Wells Texas event (“OIWT”).
  • Mr. Brooks’ participation in the event’s “Plugging for Carbon Credits” discussion is his latest in a series of public speaking engagements, including his most recent appearance as a panelist at the Energy Conference Network’s Digitalization in Oil and Gas event in early October.
  • Pictured at right, Zefiro Head of Operations Matthew Brooks spoke on a panel at the OIWT conference in Houston, Texas
    Readers using news aggregation services may be unable to view the media above.
  • Please access the Investors section of the Company’s website for a version of this press release containing all published media.

RRC Proposes Major Overhaul for Water Protection and Oil & Gas Waste Management Rules

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星期四, 十月 5, 2023
Permian, RRC, Multimedia, Texas Historical Commission, Transport, Carbon, Railroad Commission of Texas, AB, Water, Natural gas

The vast majority of oil and gas waste is disposed of in drilling pits.

Key Points: 
  • The vast majority of oil and gas waste is disposed of in drilling pits.
  • Drilling pits (shown in the image below) are large open hole excavations that are used to dispose of oil and gas waste.
  • Recover is a waste-to-energy technology company that transforms oil and gas waste into a low carbon intensity transportation fuel.
  • The changing regulations will result in a substantial redirection of oil and gas waste from drilling pits, to landfills where Recover will be located.

Milestone Carbon Announces Development of Carbon Sequestration Hub in Midland Basin

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星期二, 九月 26, 2023
Environment, Steel, Other Energy, Chemicals, Plastics, Oil, Gas, Coal, Manufacturing, Alternative Energy, Energy, Permian, VI, Life, Multimedia, Ammonia, Railroad Commission of Texas, CO2, CCS, Transport, Agriculture

Milestone Carbon, a subsidiary of Milestone Environmental Services and an emerging leader in permanent carbon sequestration services for industrial emitters, today announced the development of a CO2 sequestration hub in the southwestern Midland Basin.

Key Points: 
  • Milestone Carbon, a subsidiary of Milestone Environmental Services and an emerging leader in permanent carbon sequestration services for industrial emitters, today announced the development of a CO2 sequestration hub in the southwestern Midland Basin.
  • View the full release here: https://www.businesswire.com/news/home/20230926373201/en/
    Milestone Carbon, a subsidiary of Milestone Environmental Services and an emerging leader in permanent carbon sequestration services for industrial emitters, today announced the development of a CO2 sequestration hub in the southwestern Midland Basin.
  • Milestone Carbon recently received a Class II injection well permit from the Texas Railroad Commission, which allows for the sequestration of carbon dioxide from local natural gas processors.
  • This successful progression towards developing a CCS hub in the Midland Basin is another exciting step in the development of Milestone Carbon’s portfolio of potential projects.

Railroad Commission of Texas Approves Trinity Gas Storage Project, Boosting Energy Infrastructure and Ensuring Reliable Natural Gas Supply in East Texas

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星期三, 八月 2, 2023
Haynesville Shale, Marketing, TEP, DFW, Texas Historical Commission, Railroad Commission of Texas, Eilers, Natural gas, Growth, Public utility, ERCOT, LNG

DALLAS, Aug. 2, 2023 /PRNewswire/ -- The Railroad Commission of Texas has granted approval for the Trinity Gas Storage natural gas storage project ("Trinity"), a critical component in the effort to enhance energy infrastructure and security in Texas.

Key Points: 
  • DALLAS, Aug. 2, 2023 /PRNewswire/ -- The Railroad Commission of Texas has granted approval for the Trinity Gas Storage natural gas storage project ("Trinity"), a critical component in the effort to enhance energy infrastructure and security in Texas.
  • "Receiving approval from the Railroad Commission of Texas is a watershed moment for the Trinity Gas Storage project," said Matt Hurley, Chief Commercial Officer.
  • "The Trinity Gas Storage project is of the utmost importance in balancing the operational needs of ERCOT (the Texas grid) and supporting natural gas infrastructure," emphasized Pat Eilers, Founder and Managing Partner of TEP.
  • Trinity Gas Storage is a flagship project, symbolizing the commitment to reliability and sustainability of energy for the citizens of Texas.