accountIf the natural-gas companies go on producing at the current rate, all the storage reservoirs in America will be full by...
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SHALE GAS
Shale gas is natural gas derived from shale, a fine-grained, clastic sedimentary rock composed of mud.
In the US it is becoming increasingly a by-product for the more profitable oil and liquids production, or even being abandoned in favour of outright oil production. In the EU though, the market has not even got that far.
Ever since the Barnett Shale formation in North Texas proved to be one of the most prolific natural gas plays in North America, producers have been flocking to other shales from Appalachia to the Gulf Coast in hopes of extracting the trillions of cubic feet of gas believed to be trapped beneath.
But the much-publicized gas rush has prompted a backlash from lawmakers worried that the drilling technique most often used -- hydraulic fracturing -- threatens to pollute drinking water supplies and, as a result, public health.
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But any production is still many years away.
In response to a strong and vocal environmental movement New York instituted a moratorium against the use of hydraulic...
Global exploitation of shale gas reserves could transform the world' s energy supply by lowering prices, improving...
UK offshore reserves of shale gas could exceed one thousand trillion cubic feet (Tcf), compared to current rates of UK...
The growth in active oil-directed rigs has more than offset the declines in active gas-directed rigs.
Ohio Governor John Kasich has revived his proposal to raise the severance tax on gas and oil producers, saying...
A new analysis by Evaluate Energy highlights the big differences in drilling costs between companies in North American...
Surging production from inland shale gas and tight sand basins is contributing to this demand for new capacity.
California’s reputation for environmental protection may be jeopardized by the lure of a $25 billion tax windfall that...
Anticipated growth in Marcellus shale natural gas production likely will mean more long-term business for US midstream...
The American shale revolution, which has turned conventional U.S. energy strategy on its head, has recently come under...
The Ohio Department of Natural Resources (DNR) today unveiled more stringent rules for disposal of brine wastewater — a...
The discovery of higher quality oil in the U.S. has probably changed the refining market forever
The Commonwealth Court of Pennsylvania ruled that the state cannot restrict local governments from using zoning laws to...
The record slump in natural-gas prices signals companies from BHP Billiton Ltd. to Ultra Petroleum Corp.
Natural gas production from Pennsylvania's Marcellus Shale for the first half of this year jumped 82% over the same...
Natural-gas companies drilling on U.S. land would be permitted to wait until after hydraulic fracturing is completed to...
U.S. manufacturers fear that exporting natural gas would relieve a supply glut that's held down their costs
UK-based BG Group has written down the value of assets linked to its shale gas operations in the US by nearly $1.
A "gas rush" is revitalizing the domestic petroleum exploration industry, and the legal ramifications could...
Welcome to M&A’s twilight zone, patrolled by private-equity companies and foreign companies looking for energy...
A coalition of the world's biggest institutional investors stepped up the pressure on oil and gas companies to become...
New Florida crude terminal likely to receive Bakken Blend crude: trade - read this Platts news article and other...
The US has resolved to develop the resource without risk to health and public safety.
Top Sources: Shale Gas
- platts.com
- pennenergy.com
- rigzone.com
- oilandgasinvestor.com
- oilandgasiq.com
- ft.com
- ogj.com
- worldoil.com
- blogs.ft.com
- platts.com
