This is coming at a time when shareholders are demanding financial discipline and a better return on investment
from shale drillers, another development that Papa believes will hold back production growth.
Emissions
from shale drilling, gas processing, gas escapes, and diesel exhaust can all negatively impact air quality.
Not exact matches
OPEC wants to have an open dialogue with upstart U.S.
shale drillers and learn
from oil market players, after the most painful downturn in six oil price cycles.
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.
Further, offshore
drilling faces competition
from onshore U.S.
shale drilling, which can be started up and shut down quickly as oil prices fluctuate.
«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.
Exxon Mobil announced last month it would expand its efforts to capture emissions
from its subsidary, XTO Energy, which focuses on U.S.
shale drilling.
Responding to pressure
from environmental opponents and fearful residents,
shale - rich Quebec, France, New York and New Jersey have all imposed moratoriums on
shale gas
drilling pending further study of environmental and health impacts.
Papa, CEO of Centennial Resource Development, is a closely followed figure in the U.S.
shale drilling world, where producers rely on advanced techniques to coax oil and gas
from tight rock formations.
Unconventional gas development (UGD), characterized by advances in engineering, including horizontal
drilling and high volume hydraulic fracturing, enables extraction of large amounts of fossil fuel
from shale deposits at depths that were previously unapproachable [1].
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.
His company, Knightsbridge Risk Management, a private security firm in Dallas that serves the oil and gas industry, is getting calls
from companies that want to plan ahead in case they shut down
drilling operations in North Dakota and the Bakken
shale formation.
But the only thing that seems to cause
shale drillers to reduce spending — and therefore production — is lower oil prices, since the cash flow
from crude is their lifeblood.
The
shale driller struggled mightily over the past few years, which ultimately led to a bankruptcy filing that it emerged
from last September with an improved balance sheet.
Oil production is soaring
from shale formations in Texas and North Dakota using hydraulic fracturing and directional
drilling technology.
They are reaching natural limits on lateral length and suffering
from a phenomenon called «frac hits» which is dropping production and impacting the economics of infill
drilling in
shale wells.
In the U.S.,
shale explorers have focused on the most productive parts of their land,
drilled faster and better wells there and negotiated lower prices
from oilfield service companies.
How can Governor Cuomo allow
shale gas
drilling in New York when he can see how many citizens and communities are getting sick, hurt and traumatized
from the practice in other states?
A new environmental review
from New York State details some of the issues surrounding
drilling for natural gas in the Marcellus
shale
From Anhui to Xinjiang Chinese companies have begun to
drill into the earth for
shale gas.
Big play China has a vast resource of natural gas trapped in
shale — Beijing calculates that hydraulic fracturing and horizontal
drilling could recover 25 trillion cubic meters of
shale gas
from eight basins.
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.
In the 1990s, new
drilling technology developed in Texas made recovering gas
from shale far more efficient.
However, the stark reality is that global emissions have accelerated (Fig. 1) and new efforts are underway to massively expand fossil fuel extraction [7]--[9] by
drilling to increasing ocean depths and into the Arctic, squeezing oil
from tar sands and tar
shale, hydro - fracking to expand extraction of natural gas, developing exploitation of methane hydrates, and mining of coal via mountaintop removal and mechanized long - wall mining.
To determine emissions rates at natural gas fields in Pennsylvania's Marcellus
shale gas fields, the researchers used emissions data gathered
from an airplane that flew over natural gas wells in southwest Pennsylvania in June 2012, some of which were in the process of being
drilled.
I'm cross-linking because these posts relate nicely to examinations here of the «dread to risk ratio» in arenas ranging
from shale gas
drilling (a k a fracking) to nuclear power, toxic chemicals to climate.
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.
The areas where water samples drawn
from near - surface layers had traces of the natural contaminants
from the deep
shale layers showed no relationship to past or current gas
drilling activity, the researchers reported.
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).
Original post In 2011, a Cornell research team led by the environmental scientist Robert Howarth published «Methane and the greenhouse - gas footprint of natural gas
from shale formations,» a widely discussed paper positing that gas escaping
from drilling operations using hydraulic fracturing, widely known as fracking, made natural gas a bigger climate threat than the most infamous fossil fuel, coal.
The study should ease * concerns that reports of briny water mixing with drinking water have anything to do with gas
drilling, including the process of hydraulic fracturing, or fracking, used to release gas
from deep
shale layers.
Public health experts who work on the «
shale fields» among impacted citizens have been ringing alarm bells: «I don't know if I have ever seen a problem as widespread as this with as little information collected about it, and as relaxed an attitude in terms of the sense of urgency, in the sense of responsibility on the part of the state and federal governments, and for that matter, the
drilling industry,» cautioned a seasoned public health toxicologist David Brown
from Southwest Environmental Health Project in my interview for Gas Rush Stories.
They said it was «very likely» that several thousand weak to moderate earthquakes in recent years were triggered by deep - earth injection of water extracted
from the ground as thousands of wells have been
drilled into
shale oil and gas deposits.
But the four prongs of the speech were not about using less fuel, but boosting supplies:
drilling offshore, extracting oil
from shale,
drilling on the coast of the Arctic National Wildlife Refuge, and adding refineries.
Industry innovators took a process used for more than 60 years, modernized it and married it with it with advanced horizontal
drilling to safely unleash previously inaccessible oil and natural gas reserves
from shale and other tight - rock formations.
Such leaks
from coal mines and gas
drilling sites are on the rise as a result of the
shale gas boom in the US.
From the article: There is a lot of talk these days of the U.S. becoming energy independent because of the new horizontal
drilling and fracking techniques, which have opened up the vast
shale plays across the country.
And
from what is now known about all the major US plays (excepting the Moneterey
shale, where because of folding and faulting no one has yet figured out how to successfully use the technology), EIA has simply figured out how many more wells could be
drilled before all the known pay is fully
drilled.
Developing energy
from shale (and other tight - rock formations) using hydraulic fracturing and horizontal
drilling takes four to eight weeks —
from preparing the site for development to production itself — after which the well can be in production up to 40 years.10 A well can be a mile or more deep and thousands of feet below groundwater zones vertically, before gradually turning horizontal.
Using an airplane to detect greenhouse gas emissions
from freshly
drilled shale gas wells in Pennsylvania's Marcellus basin, Cornell and Purdue scientists have found that leaked methane is a tougher problem — between a hundred - and a thousandfold — than previously thought, according to a study published April 14 in the Proceedings of the National Academy of Sciences.
Modern hydraulic fracturing combined with horizontal
drilling allows multiple wells to be
drilled from one spot, reducing the size of the
drilling area above ground by as much as 90 percent.4 Fracking is the key to unlocking vast U.S.
shale resources, freeing up oil and natural gas that previously was inaccessible while protecting groundwater supplies and the environment.
The US
shale boom is drawing increasing attention
from federal agencies worried about the potential hazards posed by
drilling.
The problem is that treating oil and gas waste
from fracked wells remains particularly tricky because the industry is still allowed to keep secret information about which chemicals
drillers use when injecting fluids to crack open
shale formations to release oil and gas.
The agency began an investigation in 2010 after receiving complaints
from residents about drinking water near Chesapeake
shale gas
drilling sites.
The quote
from Mitt Romney's (allegedly «ghostwritten») book points to the conclusion that the USA should do more oil and gas exploration («
drill, baby,
drill») including
shale deposits, to get more «energy independent» (combined, of course, with supporting basic research for new energy technologies).
The production of commercial quantities of gas
from this
shale requires large volumes of water to
drill and hydraulically fracture the rock.
From the article:...... Halliburton, the world's No. 2 oilfield services provider, reported a better - than - expected quarterly profit, helped by buoyant
shale drilling activity in North America.
A fracture caused by the
drilling process would have to extend through the several thousand feet of rock that separate deep
shale gas deposits
from freshwater aquifers.
The latest example of how wrong the Malthusian - influenced doubters have been is provided by fracking, horizontal
drilling, and associated technology applied particularly to extracting oil and natural gas
from shale formations.
The average U.S. household saw its disposable income rise $ 1,337 in 2015 because of lower utility bills and other energy - related cost savings, thanks to natural gas produced
from shale with hydraulic fracturing and horizontal
drilling.