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[3] [2] The assets were owned in a joint venture with a fund of The Blackstone Group. [4] In August 2015, in partnership with GSO Capital Partners, the company acquired its GEP Haynesville assets in the Haynesville Shale, including 300 wells across 112,000 acres, from Encana for $850 million. [5]
The company was founded as W.T. Carter & Bro., a lumber company, in 1876. [1] [3]The company discovered the Double A Wells Field in East Texas in 1985. [3] It began drilling oil in the late 1980s. [3]
The results of crude oil assay testing provide extensive detailed hydrocarbon analysis data for refiners, oil traders and producers. Assay data help refineries determine if a crude oil feedstock is compatible for a particular petroleum refinery or if the crude oil could cause yield, quality, production, environmental and other problems. [1]
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.2 million in 2024) in seed capital. [2]: 45–56 [3] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "petros" (πέτρος, masculine), or "petra" (πετρα, feminine) means "stone" or "rock" in Greek.
In 2021, the EPA and Nuka Research and Planning Group developed a geographic response strategy for 10 locations along the Blackstone River in case of an oil spill. The strategy details how the EPA ...
Spectrometric Oil Analysis Program (SOAP) is a method used by aircraft operators, including several Air Forces of the World, to test the health of aircraft engines by performing frequent laboratory testing of the engine oil. The tests reveal the chemical composition of any metal particles suspended in the oil samples. By comparing the results ...
Oil sampling is a procedure for collecting a volume of fluid from lubricated or hydraulic machinery for the purpose of oil analysis. Much like collecting forensic evidence at a crime scene, when collecting an oil sample, it is important to ensure that procedures are used to minimize disturbance of the sample during and after the sampling process.
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