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Texas Puts the Pedal to the Metal on Energy
Barrel Hub
August 11, 2023
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Lone Star Stories
Governor Greg Abbott ceremoniously signed two pivotal energy bills at the TIPRO Summer Conference in San Antonio. These bills, Senate Bill 1017 and House Bill 33, prevent local Texas governments from banning gasoline engines or fuel stations and fortify an order that shields Texas' oil and gas sector from detrimental federal interventions.
The U.S. Department of Energy is allocating over $1 billion in federal grants to projects in Texas and Louisiana to remove over 2 million metric tons of carbon emissions annually, advancing direct air capture (DAC) technology. This effort includes Project Cypress in Louisiana and the South Texas DAC Hub in Kleberg County, Texas.
Reader Question of the Day
How does the use of drilling muds vary based on the geology of the drilling site?
Geothermal energy, derived from the Earth's internal heat, is increasingly finding applications within the oil industry. Its integration offers potential environmental and economic benefits for drilling operations. Here are some emerging uses of geothermal energy in oil drilling:
Wellbore Heating
Cogeneration
Enhanced Oil Recovery (EOR)
Direct Use Applications
Repurposing Old Wells
Hybrid Systems
Reduction in Water Usage
Carbon Capture and Storage (CCS)
By integrating geothermal energy into oil drilling operations, the industry can reduce its environmental impact, lower operational costs, and innovate its practices. However, the feasibility of these applications can vary based on geological conditions, economic factors, and technological developments.
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