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Permian Basin Image: Apache Corporation Total U.S. oil production has plunged by one-third – the most ever – as an unprecedented cold blast freezes well operations across the central U.S., according to traders and industry executives with direct knowledge of the operations. Crude output has now fallen by about 3.5 million barrels a day or more nationwide, they said, asking not to be identified because the information isn’t public. Before the cold snap, the U.S. was pumping about 11 million barrels a day, according to last government data. Production in the Texas’s Permian Basin alone – America’s biggest oil field – has plummeted by as much as 65 per cent. Amrita Sen, chief oil analyst at consultant Energy Aspects Ltd., said the production losses were “much higher than initial estimates” and warned that Permian output may not return to pre-freeze levels until Feb. 22. New Scope 1 emissions course focuses on measuring, quantifying, and reporting Scope 1 greenhouse gas emissions from upstream oil & gas facilities. The live course will conclude with a real facility example, giving students the chance to put their new skills to use by identifying typical emissions sources, quantifying and reporting them. “As producers need […]
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