Investing in oil wells poses high stakes, attracting risk-tolerant individuals seeking significant rewards. Crude oil, the essential fuel of our modern world, lies beneath the earth's surface, awaiting extraction.
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CCUS (Carbon Capture Utilization Storage) has been touted for years as an answer to the problem of our ghg emissions to the atmosphere in the form of CO2. It is certainly no surprise to oilfield people that CCUS looks like a dead end, at least at any meaningful scale in the US. The Journal of Petroleum Technology (JPT) reports that two major CCUS projects have been recently
10.18.2023 Editor s Note: The below is an excerpt from the larger article which first appeared online in the Journal of Petroleum Technology, on October 1, 2023. To read the.