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Chevron has acquired 125,000 net acres in Texas and Arkansas to develop domestic lithium, utilizing a direct lithium extraction process to extract the product from the Smackover Formation.
SWA Lithium and Contractors Drill a New Well into the Smackover Formation to Complete Understanding of the Reservoir for Production Modelling Additional Testing Program in 2023 Wells is Designed ...
The deal boosts the holdings of privately held EnergyX to roughly 47,500 acres in the Smackover, an underground geological formation stretching from Florida to Texas filled with lithium-rich brine.
The Smackover Formation in Arkansas, rich in lithium brine, is attracting major investments from companies like ExxonMobil and Koch Industries. This surge in investment aims to boost domestic ...
Chevron's move into the Smackover follows Exxon's prior entry into the lithium supply sector. In 2023, the oil giant reportedly paid around $100 million for more than 120,000 total acres in ...
The Smackover is an underground geological formation spanning from Florida to Texas and is known for its rich lithium brine deposits. The acquisition is valued at A$40 million (~$26.1 million) and ...
The Smackover Formation is a relic of an ancient sea that left an extensive, porous, and permeable limestone geologic unit that extends under parts of Arkansas, Louisiana, Texas, Alabama ...
Smackover mystery deep in formation Limestone is another challenge to oil drillers February 19, 2012 at 3:54 a.m. by Paul Quinn ...
Mr. Mintak added: “Our recent expansion into the East Texas Smackover Formation resulted in three new wells with high-quality brine, showing lithium concentrations as high as 806 mg/L, and an ...
Energy Exploration Technologies (EnergyX) has announced "Project Lonestar Lithium," a direct-lithium extraction project that aims to produce up to 25,000 tons of lithium a year from subterranean ...
In 1925, unlikely as it may seem today, the Smackover Field ranked No. 1 in U.S. oil production, before the supply dwindled. The town’s population today is just under 2,000.
Smackover mystery deep in formation Limestone is another challenge to oil drillers February 19, 2012 at 3:54 a.m. by Paul Quinn ...
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