by James Holloway, April 19, 2018 in NewAtlas,
Scientists at the Chinese Academy of Sciences have put together the first global carbon dioxide maps based on data from the Chinese satellite TanSat. The satellite also measures what lead researcher Yang Dongxu calls “carbon dioxide flux,” changes in its behavior on Earth and in the Earth’s atmosphere.
by J. Summers and S. Tobben, April 24, 2018 in BloombergMarkets
The Permian shale play is all about setting records. Now, the region may even become the world’s largest oil patch over the next decade.
Output in the basin is forecast to reach 3.18 million barrels a day in May, according to the Energy Information Administration. That’s the highest since the agency began compiling records in 2007. By 2023, the basin may produce 4 million barrels a day, according to the International Energy Agency. The Ghawar field in Saudi Arabia is currently the world’s biggest oil field, with capacity of 5.8 million barrels a day, according to a 2017 EIA report.