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.
The Secretary General of OPEC, Mohammed Barkindo, has a message
for shale drillers.
Not exact matches
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.
Workers with Raven
Drilling line up pipe while drilling for oil in the Bakken shale formation outside Watford City, North
Drilling line up pipe while
drilling for oil in the Bakken shale formation outside Watford City, North
drilling for oil in the Bakken
shale formation outside Watford City, North Dakota.
The gas is there, quite possibly more than in Alberta — Apache Canada reported what it called «the most prolific
shale gas resource test in the world» in B.C.'s Liard Basin a year ago — but at today's prices it's not worth
drilling for.
According to the Energy Information Administration's (EIA) most recent report on
drilling productivity, total U.S.
shale oil output is expected to climb above 6 million barrels a day
for the first time in September.
According to the IEA, the
drilling boom
for shale oil is putting US production on track to pass Saudi Arabia.
This is a province with enough environmental mettle to turn its back on
drilling for potentially rich
shale gas reserves in the St. Lawrence Valley.
After eliciting an admission from the agent that Mammoth believed it had discovered a substantial
shale oil deposit suitable
for fracking, Farmer drove a hard bargain
for the
drilling rights.
That could weigh on the prices that Permian
shale drillers receive
for their product.
The recent oil
shale boom was powered mostly by small firms because larger multinationals like Exxon and BP are structured
for big payoff, technically - difficult projects like deep water
drilling and Arctic exploration.
A similar program in Ohio shows teachers how to «frack» Twinkies using straws to pump
for cream and advises on the curriculum
for a charter school that revolves around
shale drilling.
OPEC on Wednesday raised its forecast
for non-member oil supply this year to almost double the growth predicted four months ago as higher prices spur U.S.
shale drilling, offsetting OPEC - led output cuts and a collapse Continue Reading
First up is a greenlight on a
drilling campaign in Argentina's Vaca Muerta
shale, the first major investment
for Total in several years and the first of 10 projects that will move forward.
However, oil prices have been dropping like hot potatoes, almost 30 %, and with that energy stocks are tanking in unison and singing songs with same tune, along with
drilling and exploration companies
for shale oil or natural gas.
Johannes Teyssen, chief executive of Eon, said there were no obvious options
for Europe to narrow the US advantage — whether by
drilling for shale gas, importing more liquefied natural gas or importing inexpensive US supplies.
The crash in prices meant that
shale drillers moved on to greener pastures, and most of them began looking
for oil rather than gas because crude fetched $ 70 to $ 80 per barrel.
UNP transports the materials needed to
drill for shale oil and then transports the oil back.
The Energy Information Administration (EIA) released another EIA
Drilling Activity report that raised its estimates
for shale oil production without considering the realities on the ground.
In a similar move, Total SA (TOT) purchased 25 % of Chesapeake Energy's (CHK) Barnett
shale operations, in a move widely seen as a way
for Chesapeake to maintain its
drilling budgets in that basin and elsewhere.
The outage of key oil ports have disrupted shipments, leaving Texas
shale drillers without a destination
for their crude.
West Texas - based Concho's stock tumbled as it bought rival
shale driller RSP
for $ 8 bln.
Christian environmental groups have criticised the Church of England's stance on fracking, a controversial method of
drilling for shale gas that has been linked by some anti-fracking organisations to water contamination.
Christian environmental groups have criticised the Church of England's stance on fracking, a controversial method of
drilling for shale gas that has been... More
But with the possible start to
drilling for natural gas in the Marcellus
shale formation of the Southern Tier, Libous — who supports the use of hydraulic fracturing — said more information is needed.
A ban on
drilling for underground
shale gas, otherwise known as fracking, has been lifted, the energy secretary has announced.
New York hasn't issued permits
for shale gas wells using horizontal
drilling and fracking since it began its review of the controversial technology in 2008.
Ms. Teachout is against fracking — the
drilling into
shale for gas — which she called «a threat to the water supply.»
It involves
drilling horizontally into
shale formations, then injecting the rock with sand, water, and a cocktail of chemicals to free the trapped gas
for removal.
Drilling for natural gas is booming in Pennsylvania — thanks to fracturing
shale rock with a water and chemical cocktail paired with the ability to
drill in any direction.
This week Saudi Arabia announced that it wants to
drill test wells
for shale gas.
«Saudi Arabia wants to
drill test wells
for shale gas even though it is short of water needed
for fracking»
A new environmental review from New York State details some of the issues surrounding
drilling for natural gas in the Marcellus
shale
The EPA has the authority to issue permits
for such discharges, but current rules allow
shale gas
drillers to pass their waste through public sewage plants even if those plants are not equipped to remove pollutants.
From Anhui to Xinjiang Chinese companies have begun to
drill into the earth
for shale gas.
Gas
drilling contaminates drinking water Drilling for shale gas may pose a safety hazard if there are water wells
drilling contaminates drinking water
Drilling for shale gas may pose a safety hazard if there are water wells
Drilling for shale gas may pose a safety hazard if there are water wells nearby.
Drilling for shale gas may pose a safety hazard if there are water wells nearby.
China is
drilling ahead
for shale gas, but the country faces economic, environmental and geologic challenges in tapping the resource
In Romania, two proposals — opening Europe's largest open - cast gold mine and
drilling for shale gas — drew thousands of protesters.
Shale Network
for the past six years has fostered a dialogue about
shale drilling between concerned citizens, watershed groups, government regulators and personnel from large energy companies by focusing on publicly available water quality data.
Their range of 2.3 - 7.7 % loss, with a best guess of 4 %, is slightly higher than Cornell's estimate of 2.2 - 3.8 %
for shale - gas
drilling and production.
What scientists call naturally occurring radioactive materials — known by the acronym NORM — are common in oil and gas
drilling waste, and especially in brine, the dirty water that has been soaking in the
shale for centuries.
The required additional fossil fuels will involve exploitation of tar sands, tar
shale, hydrofracking
for oil and gas, coal mining,
drilling in the Arctic, Amazon, deep ocean, and other remote regions, and possibly exploitation of methane hydrates.
There are a lot of people that work
drilling for natural gas, there is coal, and oil
shale.
(Already, with the surge of
drilling for abundant oil and gas in
shale deposits, there's much talk of whether we can sustain research and investment in non-fossil energy options.)
It is appalling that while the federal government is pushing offshore oil
drilling and mountaintop - removal coal mining, proposing to strip - mine
shale oil and tar sands and to dramatically expand the production of high - level nuclear waste, they have declared a two - year moratorium on new solar electric power plants on public lands — which have some of the best solar energy resources in the world —
for «environmental reasons».
New York State appears to be further slowing its effort to produce rules governing fracking, shorthand
for the suite of
drilling methods used to extract natural gas from deep
shale deposits.
Opponents of expanded gas
drilling have coined the term «frackademia»
for university research on the potential impacts of the boom in
shale gas
drilling that involves industry money or experts with industry ties.
New York officials crafting policy to regulate
shale gas
drilling amid unanswered health concerns will likely re-open the process to public hearings, essentially guaranteeing more momentum
for the movement that has effectively stalled the industry's advancement into the Empire State
for more than four years.
At the premiere of Fox's antifracking sequel on Sunday, a batch of ticket holders — mostly landowners from the Marcellus
shale region who support gas
drilling, but including McAleer — was blocked from entering the theater (see the Artsbeat blog post
for Tribeca's dubious explanation).