Sentences with phrase «in shale»

But this situation has changed in the US, thanks in part to the boom in shale gas production.

The liquids create fissures that release the natural gas in the shale rock.

Reuters: The U.S. government on Tuesday jacked up its forecast for oil production next year by 250,000 barrels per day (bpd) as the boom in shale oil drilling continues to confound expectations of slower growth.

Electricity companies are choosing to use coal rather than gas at present, because coal is plentiful and cheap as a result of the massive boom in shale gas in the US, which has displaced coal - fired generation there and sent the excess coal around the world at cut price rates.

Everyone gives the nod for the resurgence in oil and gas law to the extraordinary natural gas deposits found in shale formations from Texas to Pennsylvania.

Controversial techniques such as fracking have ushered in a new era, as they allow hard - to - reach resources, such as gas trapped in shale deposits, to be tapped.

George P. Mitchell, the son of a Greek goatherd who capped a career as one of the most prominent independent oilmen in the United States by unlocking immense natural gas and petroleum resources trapped in shale rock formations, died on Friday in Galveston, Tex..

The question of whether other countries can replicate North America's success in drilling in shale rocks has captivated geologists and diplomats.

The government and the oil producers rarely if ever discuss this issue so it is left to a handful of independent observers to point out that the rapid increases in shale oil production these days is coming from a limited number of «sweet spots» which yield much more oil quickly than can be found in other parts of the shale oil basins.

Advances in horizontal drilling and hydraulic fracturing over the past 20 years led to a U.S. energy boom in «unconventionals,» a category that includes the shale gas and «tight» oil found in shale fields like the Cretaceous Eagle Ford and Mowry and older ones like the Barnett and Bakken.

Natural gas reserves in shale plays contributed more than half to total natural gas proved reserves in 2014.

A drilling technique known as hydraulic fracturing in shale rock formations — fracking — in the U.S. produced large amounts of crude oil, natural gas and other petroleum products.

As a result, the oil will be backed up in the shale fields of the Eagle Ford and even the Permian.

The central Appalachian region is experiencing the country's most rapid growth in shale gas development, or «fracking,» but we've known almost nothing about how this is affecting the region's songbird populations — until now.

The records cite emails beginning in «mid-2013» in which Adam Skelos began to push to position the company to sell products needed in fracking for natural gas trapped deep in shale deposits upstate.

«The resilience of US onshore oil supply in the face of lower prices demonstrates the profound technological transformations witnessed in the shale industry.»

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.

Meanwhile, the ongoing American shale gas boom — powered in part by decades of federal investments in shale drilling technologies — is accelerating the closure of US coal - fired power plants.

«In the past decade we saw just such a disruptive step - change technology innovation in fracturing technology in shale oil.

The shift is the result of surging oil and natural gas production using advanced hydraulic fracturing and horizontal drilling, harnessing oil and gas reserves in shale and other tight - rock formations.

While the U.S. has been «the dominant player in the shale revolution until now,» the newspaper cites new estimates showing that Russia and China have potential to rise in the global market by exploiting their own shale resources.

By mid-2015, the cost of drilling a horizontal well in shale formations in the Sichuan Basin was between $ 11.3 million and $ 12.9 million per well, according to China National Petroleum Corporation's Economics and Technology Research Institute.

Nicolas Greber of the University of Geneva and colleagues say previous studies got it wrong because scientists looked at silicon dioxide in shales, which bear the...

They include: reliance on industry innovation that has been the driving force behind America's energy renaissance — innovation that launched the surge in shale energy production, prompting increased natural gas use and resulting in lower carbon emissions; embracing the successful, free - market approach to energy and economic growth while lowering emissions by basing decisions on sound science; and allowing more opportunities for energy exploration and development.

He estimated that as much as 8 percent of the methane in shale gas leaks into the air during the lifetime of a hydraulic shale gas well — up to twice what escapes from conventional gas production.

In other words, the American energy renaissance, and millions of jobs and numerous economic benefits it has made possible, would not have happened if not for technological advances in hydraulic fracturing and horizontal drilling that have unlocked previously inaccessible resources in shale formations.

Goldman Sachs has downgraded its estimations for oil prices for this year, citing a potential rise in shale gas production, new projects and OPEC restrictions.

The bulk of the gains were attributed to higher output in the shale regions of Texas and North Dakota.

They were discovered in shales of the Salamanca Formation in Chubut Province, Patagonia, Argentina.

However, completion techniques like hydraulic fracturing which have made tight oil production possible from shale deposits elsewhere have not yet been widely implemented in the shale source rocks of the Monterey Formation.

I think still plenty of winners will emerge in the shale gas boom - particularly from cheap feed stock stand point.

And according to Dan Steward, former Vice President at Mitchell Energy, the real breakthroughs in shale fracking proved elusive before Mitchell invited in partners from the Department of Energy and the Gas Research Institute.

The Energy Information Administration has released «World Shale Gas Resources,» an important commissioned report providing an assessment of how much natural gas is locked in shale deposits in 14 regions around the world.

While Tillerson has ties to Russia, he partly missed a key energy development back home in the United States by ceding growth potential in the shale oil industry to smaller, more nimble rivals, including Continental Resources.

New research, some of it involving Howarth but led by chemists at Purdue University, seems to show that drills can open up gas pockets even before they reach their target in the shale, and that this can send big plumes of methane into the atmosphere.

Sophisticated drilling techniques — including the controversial method of hydraulic fracturing, or «fracking» — have unlocked enormous energy reserves previously inaccessible in shale formations in North Dakota and elsewhere, making U.S. energy independence a real possibility.

Speaking at an energy forum in India, he said, «We urge our friends in the shale basins of North America to take this shared responsibility with all the seriousness it deserves, as one of the key lessons learned from the current, unique supply - driven cycle.»

It targets so - called high - volume hydraulic fracturing (HVHF), which uses large quantities of fluids to crack the horizontal rock layers in shale beds.

The study says there is an urgent need to identify and plug methane leaks in shale gas production nationwide.

In 2012 it bought Celtic Exploration Ltd. for $ 3.1 billion, vastly increasing its acreage in the shale gas formations of northern B.C. and Alberta.

Investors have welcomed news that engineering and contracting firm Monadelphous Group has teamed up with a family - owned company in the US to target work in the shale gas industry.

The February 2016 map shows a big increase in unemployment in shale - heavy regions, reflecting the prior year of falling oil prices.

Brian Lidsky, managing director at Houston - based oil and gas advisory firm PLS, says big independents and the oil majors could make substantial purchases in 2018 to consolidate their position in the shale patch or enter hot areas this year.

Cameron has vowed to go «all out» to enjoy the same success in shale energy as the United States, which has produce great amounts of oil and gas from underground rock over the past several years.

«There are good geological spots in shale plays and weaker geological spots, and a lot of the good geological spots have already been drilled,» he said during the panel.

He's also chairman of a $ 26 million fund, BH Logistics, established in April with backing from a Chinese conglomerate, and a $ 40 million fund involved in shale oil exploration, according to documents filed in June and first reported on by Bloomberg News.

So too with China and other major energy importers — the world is now awash in shale gas and will remain so for many decades, if not centuries.