Sentences with phrase «hydraulic fracturing technology in»
Their firms are acquiring overseas assets to gain horizontal drilling and hydraulic fracturing technology in addition to the exploration partnerships mentioned above.
https://www.americanprogress.org/ Not exact matches
Now, it is suddenly plentiful and relatively cheap in the U.S. due to hydraulic fracturing technology, or fracking, a process that has unlocked natural gas from massive shale formations, driving prices down.
Oil production is soaring from shale formations in Texas and North Dakota using hydraulic fracturing and directional drilling technology.
Gas turbines are also attractive because natural gas is relatively cheap and abundant, due in part to the introduction of hydraulic fracturing technology, or fracking, which uses high - pressure water to extract hydrocarbons from previously inaccessible shale deposits.
COVER Natural gas extracted from a deep shale formation by hydraulic fracturing («fracking») technology burns at a well in Bradford County, Pennsylvania.
Recent advances in gas production technology based on horizontal drilling and hydraulic fracturing — also known as fracking — have led to bountiful, low - cost natural gas.
Park Systems, world - leader in atomic force microscopy (AFM) today announced a webinar to provide next generation technology to improve oil and gas production in both traditional drilling and hydraulic fracturing for oil & gas producers and equipment manufacturers as they continue to pursue the latest developments in production efficiencies.
His study attributes the expected growth in oil output largely to a combination of high oil prices and new technologies such as hydraulic fracturing that are opening up vast new areas and allowing extraction of «unconventional» oil such as tight oil, oil shale, tar sands and ultra-heavy oil.
As head of the Department of Environmental Conservation's Division of Mineral Resources, Bradley J. Field is a prominent figure in an agency that has promoted hydraulic fracturing as a risk - free and impeccably regulated technology with a proven track record in New York.
This technology holds great potential to lower the «dread to risk ratio» surrounding the hydraulic fracturing process, in which water with traces of other substances is injected into a well at high pressure to fracture deep shale layers holding the gas.
Now, fairness dictates I point out that George Mitchell didn't invent hydraulic fracturing or directional drilling — the two technologies that, when combined, have unleashed the surge in oil and natural gas production the United States has experienced over the last half decade.
Hydraulic fracturing has really taken off in the last decade thanks to horizontal drilling technology.
I start (and started) from the premise that the dramatic decline in crude oil prices that took place from August, 2014 ($ 96 / barrel), to March, 2015 ($ 44 / barrel), was due — on the one hand — to decreased demand, a function of slow economic growth in Asia, Europe, and elsewhere, endogenous, price - driven technological change leading to greater fuel efficiency, and policy - driven technological change that also has been leading to greater fuel efficiency, such as more stringent Corporate Average Fuel Economy (CAFE) standards in the United States; and — on the other hand — was due to increased supply, partly a function of the growth of unconventional (tight) U.S. oil production (a product of the combination of two technologies — horizontal drilling and hydraulic fracturing).
«Recent U.S. production growth has centered largely in a few key regions and has been driven by advances in the application of horizontal drilling and hydraulic fracturing technologies.»
The «comprehensive long - term energy policies and strategies» slogan also ignores where the real progress of recent years has been made: in the private sector, especially the petroleum industry, where revolutionary horizontal drilling and hydraulic fracturing technologies have unlocked centuries of oil and natural gas worldwide.
Advanced hydraulic fracturing and horizontal drilling are the technology engines driving America's ongoing energy renaissance — surging oil and natural gas production that ranks first in the world.
There's much that impresses about hydraulic fracturing if you see it up close, which I did during a recent tour of Anadarko Petroleum natural gas operations near Williamsport, Pa.: the technology, the company's highly skilled workers, the game - changing resource opportunities in the Marcellus Shale and more.
Since the expansion of hydraulic fracturing and horizontal drilling technologies broke the trend of high energy prices in 2014, Americans have prospered — not only from lower... Read More
The interest in natural gas combustion as a potential solution to climate change has been gaining because US ghg emissions have fallen somewhat as natural gas from hydraulic fracturing technologies has been rapidly replacing coal in electricity sector generation.
Over the past several years, vast caches of natural gas trapped in deeply buried rock have been made accessible by advances in two key technologies: horizontal drilling, which allows vertical wells to turn and snake more than a mile sideways through the earth, and hydraulic fracturing, or fracking.
The 21st century energy revolution — brought about by advances in the decades - old technology of hydraulic fracturing and innovations in horizontal drilling — has positively touched the lives of all Americans.
In this process, water is pumped at high pressures to fracture underground hot rock reservoirs similar to technology used in natural gas hydraulic fracturinIn this process, water is pumped at high pressures to fracture underground hot rock reservoirs similar to technology used in natural gas hydraulic fracturinin natural gas hydraulic fracturing.
It looks as if the study - conducted by a team led by Robert Howarth, and to be published in May's Climatic Change Letters - has put shale - gas, extracted using controversial hydraulic fracturing technology, at the top of the climate impact bad - boy league.
Denver Business Journal: The boom in oil and natural gas production in North America, largely due to the new technologies of horizontal drilling and hydraulic fracturing, is changing the balance of power across the world, former Secretary of State Condoleeza Rice told attendees at the Vail Global Energy Forum.
Kevin Bullis, MIT Technology Review's senior editor for energy, has a piece noting that the most significant advances in the energy field the past year resulted from surging natural gas and oil production from shale via hydraulic fracturing — an impact Bullis says is unlikely to be unsurpassed by other energy sectors in the near future:
China, the world's top energy user, is believed to hold the world's largest reserves of shale gas, which is trapped in rocks and requires a technology called hydraulic fracturing, or fracking, to unleash.
The EPA study is just one of many during the course of the technology's 65 - year history to affirm the effectiveness of industry standards and strong state regulations in keeping hydraulic fracturing operations safe for the environment.
The first case, Oil States Energy Services, LLC v. Greene's Energy Group, LLC, involved a patent owned by Oil States and relating to technology for protecting wellhead equipment used in hydraulic fracturing.