Sentences with phrase «as shale»

Their economies rely heavily on the energy business and grew exponentially as shale drillers arrived, the analysts wrote.

About a half decade ago, as the shale drilling rush was sweeping across the U.S., drillers needed upfront cash — and quick — to let them snap up acreage, drill and frack exploratory wells, and...

As the shale - drilling revolution floods domestic markets with cheap oil and gas, federal regulators have withered under pressure.

ITHACA, N.Y. — As the shale gas boom continues, the atmosphere receives more methane, adding to Earth's greenhouse gas problem.

North America is expected to become a net oil exporter as shale growth continues in the forecast.

«As the shale gas boom continues, the atmosphere receives more methane, adding to Earth's greenhouse gas problem,» the Cornell publicity office declared.

Unconventional gas sources — such as shale gas — are also not a solution.

Horizontal drilling and hydraulic fracturing have unlocked vast resources locked up in tight formations, such as shale.

Cambridge Energy Research Associates estimate that the total recoverable oil resources in place are 3.74 trillion bbl (including non-conventional sources such as shale).

Companies are using more energy - intensive methods to get to conventional fossil fuels, and turning to harder - to - extract fuels such as shale gas.

As the shale gas boom continues, the atmosphere receives more methane, adding to Earth's greenhouse gas problem.

The big worry that Pierrehumbert has stated is the possibility of exploiting oil shale (not the same as shale oil).

Trekkers should wear proper shoes as the shale becomes loose.

Oil fell $ 1.41 to US$ 79.60 a barrel after Goldman Sachs said that it expects oil prices to tumble into the next year as shale gas production continues to expand and oil supply outstrips demand.

Their results show that as shale gas development has expanded in the area, nest survival and productivity and riparian habitat quality have declined.

Above this reservoir, layers of impermeable rock, such as shale and clays, prevent the CO2 migrating to the surface.

Coal - powered synthetic natural gas plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study.

Coal - powered synthetic natural gas plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study by Duke University researchers.

She told BBC Breakfast's Louise Minchin that gas sources, such as shale gas - obtained through the controversial «fracking» method - was the «high price option».

As shale producers improve efficiency, production has risen.

Mitchell's approach involves drilling wells straight down, then taking a 90 - degree turn and continuing along horizontally through a layer of oil - soaked rock such as shale.

Price increases have been capped by rising U.S. production as shale drillers ramp up activity, underpinning a widening discount between Brent and WTI.

«U.S. growth of 0.6 million barrels a day in 2017 beat all expectations, even with a moderate price response to the output deal as the shale industry bounced back — profiting from cost cuts, stepped up drilling activity and efficiency measures enforced during the downturn,» the group said.

Not exact matches

The LNG Canada and Kitimat LNG projects, as well as a fourth plant proposed for the northern B.C. coast by Malaysian state energy company Petronas and Calgary - based Progress Energy, will likely have to wait for new pipelines to be built directly from the shale gas fields of northeastern B.C. Kitimat LNG's owners are separately developing the Pacific Trails pipeline to their terminal.

For the second consecutive quarter, Continental bested rival Whiting Petroleum Corp to be the largest oil producer in the Bakken, solidifying that crown and its place as one of the most - prolific U.S. shale companies.

China too has huge shale gas reserves that will satisfy much of its domestic demand as extraction techniques pioneered in North America spread there.

As fracking became commercially viable, oil and gas drilling companies entered communities with shale gas resources, which can have a number of local effects.

At the same time, Canada's American export market, worth $ 31 billion in 2005, is dwindling to almost nothing as a result of growing shale gas production stateside.

U.S. shale producers have pioneered new techniques to drill oil more efficiently but also in places that were once seen as impossible.

OPEC wants to talk to rival shale drillers to learn lessons of oil glut Saudis and US, seen as rivals, are actually growing together: Aramco CEO Saudi Aramco looking to Google parent Alphabet to build tech hub

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

The shift, an EIA report released on Friday noted, reflects both a steadily growing Chinese demand and flat - lining U.S. oil imports as a result of America's shale oil boom.

Companies such as EOG Resources Inc, one of the financially strongest US shale producers, are turning to drillcos.

The U.S. can produce as much shale oil as it wants, but its Gulf Coast refineries are geared toward heavier kinds of crude that can easily process oil sand bitumen but aren't geared toward the lighter crude coming out of, say North Dakota's Bakken play.

As it happens, EnCana itself has invested in a specialized $ 10 - million plant near its Peace River, B.C., operations that treats «sour» water from a saline aquifer for use in its shale drilling.

As for Schlumberger, investors appear jittery about the stock, in part because the world's supplier of oilfield equipment has less exposure to the lucrative shale market ---- the biggest near - term driver for sales ---- than competitors.

«For the supermajors, the U.S. shales may be just the portfolio medicine needed to repair short -, mid - or long - term portfolio damage as a result of the last several years of severe exploration cutbacks,» Brian Lidsky, managing director at PLS, said in a briefing on 2017 dealmaking.

Further, offshore drilling faces competition from onshore U.S. shale drilling, which can be started up and shut down quickly as oil prices fluctuate.

New pipelines in Siberia and Central Asia, as well as the discovery of shale oil in China, mean that Asian refineries will have access to closer sources of crude, he says.

U.S. shale has been portrayed as nimble, lean and quick to respond to oil price changes.

Another significant observation is that the shaky financial position for some shale drillers also suggests that the downside risk to oil prices might not be as serious as once thought.

Oil prices could spike as US shale growth falls short of global demand, Dallas Fed President Robert Kaplan says.

The United States will overtake Russia as the world's biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country's shale oil boom continues to upend global markets.

Analysts interpreted this move as an attempt to squeeze higher - cost producers, including U.S. shale oil, out of the market.

The pace of oil and gas production gains has consistently surprised forecasters since horizontal drilling and hydraulic fracturing, better known as «fracking», were pioneered in U.S. shale rock formations about ten years ago.

March 27 - Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $ 100 million, as the Indian oil - to - telecom conglomerate moves closer to exit U.S. shale investments.

The pipeline would help transport clogged U.S. shale oil as well.

In its third quarter earnings call, Occidental CEO Steve Chazen said that North Dakota simply isn't as attractive as other shale basins.

And not only is Britain thought to have generous reserves of gas trapped in underground shale formations, it is one of the few countries remaining in Europe not have banned fracking, as many of their neighbors on the Continent already have done, including France and Germany.

The state's oil production grew tenfold over the past decade as it built a thriving oil shale industry virtually from scratch, driving unemployment to a national low and filling government coffers with surging tax revenue.