Sentences with phrase «in shale plays»

U.S. oil producers, especially in shale plays across the region, are likely crossing their fingers t...

Many geologists are starting to raise alarm bells that the pressure in shale plays is coming off quicker than expected and shale oil wells could start turning gassy earlier and earlier.

«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.

Not exact matches

Had the deal closed, the sale of a half - interest in the Cutbank Ridge shale gas play would have been the largest investment of any kind by a Chinese state - controlled firm in Canada and the biggest reason to expect to see Asia - bound liquefied natural gas tankers docking on the West Coast in the not - too - distant future.

«This year, however, (OPEC's) production curbs will increasingly have to make do with playing second fiddle to a Texas - sized wave of U.S. shale growth,» Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note Wednesday.

Calima was one of the early movers in the liquids - rich corridor running through the Montney Basin, which is already one of the hottest shale plays in North America on the basis of its proven ability to produce big volumes of gas at low cost.

It's no secret that you've only got three shale oil plays in the U.S. of any consequence,» Papa said.

Exxon Mobil and Chevron, for example, have spent billions to acquire and develop land in the Permian, one of the nation's most productive shale plays.

David Deckelbaum, an energy analyst at Keybanc Capital Markets, told Bloomberg that the geology in the Mancos is much more complex than some more well - known shale plays.

This study compares the early stage development of the Duvernay shale play in Alberta with the later stage development of the Eagle Ford shale play in Texas, looking for similarities between the two plays.

As I talk to Harbir Chhina [an executive vice-president at Cenovus], he's way more worried about huge shale plays in Texas than he is about not getting a pipeline built.

This means that new oil supply can come back on stream profitably — especially in US shale plays — at lower prices than before, perhaps putting a lid on further price increases.

A sale of Apache Canada would mark the Houston - based company's exit from the country, the latest international oil firm to sell Canadian operations in favor of concentrating on U.S. shale plays.

Discovering Shale Gas: An Investor's Guide to Hydraulic Fracturing of Shale Plays explores in detail the environmental and social impacts of shale gas development in the United States, identifying key questions for investors and also broader issues about shale gas development's implications for extending the era of fossil fuel dominance.

The resurgence of U.S. shale production has played a leading role in delaying the market rebalancing.

PDC has approximately 62,450 net acres in the Utica shale play in southeast Ohio as of year - end 2016.

This production is largely from shale plays in the Appalachian basin.

Natural gas producers in the US Southeast are beginning to yield dividends from a bid to reverse declining production in one of the region's seemingly forgotten shale plays.

Since 2008, he's called practically every major shale play before the mainstream press got wind of them — including the now - famous Bakken oil formation and the companies that have raked in billions in profits for their shareholders.

A lot of activity the past few days in Pennsylvania: home of the Marcellus shale, arguably the world's best - performing unconventional natural gas and liquids play right now.

Free Option Upside from Its 13,000 Net Acres in the Duvernay Shale Oil Play: Point Loma has established ~ 13,000 acres (20 net sections) of land within the Duvernay oil shale window.

Leading the way was the STACK shale play of Oklahoma where production jumped 17 % while output in the Delaware Basin skyrocketed nearly 50 %, though off a low base.

One of those countries is Saudi Arabia, the country that has played an outsized role in collapsing the price of oil and putting many U.S. shale producers in financial jeopardy.

Lou Mercer: Yeah, so I think that's a key point, is that there are some other factors in play here, and that is that not only is oil shale production up, but the technology is getting more and more affordable, as it often does.

According to management, it can upgrade the facility to produce 1.6 million tons with modest capital investments and will play a critical role in expanding U.S. Silica's sales in the Haynesville and Marcellus / Utica shales.

CORPORATE FINANCING NEWS ： MERGERS & ACQUISITIONS By Gordon Platt Pipeline deals, shale - energy plays and natural resources transactions — often involving Asian buyers — provided an energetic start to mergers and acquisitions in 2013.

This is another play on booming Permian Basin shale production and is on top of the 4 million ton in - basin facility management announced last quarter.

Even the argument over fracking in Ohio's oil shale region plays to Romney, although the Obama administration has made only the subtlest moves against oil shale fracking.

«I want to see proper environmental safeguards and generous community benefits for the areas where fracking will take place, but does my right hon. Friend agree that shale gas has the potential not only to lead an industrial renaissance in this country but to play a serious part in dealing with fuel poverty?»

The state sits on one of the nation's richest shale deposits, the Marcellus, and is the last state in the nation with a major shale play to authorize fracking.

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.

Combating the climate change caused by CO2 might prove the biggest role shale gas could play in China.

Increased water use in the rapidly growing oil industry in North Dakota's Bakken oil shale region, or play, is surprisingly due not only to oil well development but also to people, according to a recent study by the U.S. Department of Energy's (DOE) Argonne National Laboratory.

Other parts of the country with shale beds («plays» in industry parlance), such as Wyoming, Colorado, Arkansas, and Louisiana, have experienced similar gas drilling booms.

As seen in this map, shale plays exist in distinct regions throughout the country, due to their specific geologic composition.

The recent growth in unconventional oil production from the Bakken (North Dakota), Eagle Ford (Texas) and other tight oil plays has drawn attention to the potential of shale in California's Monterey Formation.

That may sound shallow considering that natural gas could play a role in gaining energy independence (from what I understand it's a mixed bag environmentally as much of the stuff is locked in oil shale) but Honda is a small company that needs to focus its limited resources.

Sprott's Eric Nuttall is most excited about pressure pumpers — companies that fracture and stimulate wells, and operate in many of the shale and tight oil plays

I think that shale gas and drilling plays like RIG, SDRL, SD, TLM, CIE, OAS, etc. are too risky but some of them will be a long - term story, but, if I can not sleep well with these in night, I do not buy them.

After I ran Daniel Yergin's reflection on the pivotal role played in the shale boom by George P. Mitchell, the Texas energy entrepreneur and philanthropist who died last Friday, Trembath and the leaders of Breakthrough, Michael Shellenberger and Ted Nordhaus, sent a reaction focused on the silent partner in this energy revolution — the American taxpayer.

It's an initial sign that the oil and gas industry is waking up to the need for far more transparency if shale gas is to play a substantial role in America's energy mix any time soon.

As news spread over the weekend of the death of George P. Mitchell, the 94 - year - old Texas oil man widely credited with playing a pivotal role in unlocking the shale energy era, I reached out for a reaction from Daniel Yergin, the Pulitzer - winning chronicler of humanity's fossil fuel era.

In October 2012 from a base of 2 million b / d from the shale plays, the consultancy IHS predicted production would reach 3.5 million by 2015.

If you dig through the EIA background reports, mor some of the stuff in OGJ, you can find equivalent analyses for every tight oil shale play in North America, except for the Monterey for reasons previously given.

According to the Penn State Marcellus Center for Outreach and Research, during the first half of 2013 in the Marcellus shale play, 90 percent of the more than 14 million barrels of produced fluids from fracturing was reused.12 That represents a significant savings in the amount of new water needed for hydraulic fracturing elsewhere, and illustrates the industry's focus on environmental issues and efforts to reduce the impacts of energy development on resources and communities.

The U.S. Energy Information Agency (EIA) reports that over 1,300 trillion cubic feet of technically recoverable shale and tight natural gas and 89 billion barrels 9 of technically recoverable shale oil resources currently exist in discovered shale and tight sandstone plays.

As we previously discussed here, the increased use of natural gas — mostly produced from shale reserves using safe hydraulic fracturing — has played a significant role in an historic decoupling of economic growth from rising carbon emissions, as the New York Times reported earlier this year.

«Of the 900,000 barrels per day increase EIA has reported, 750,000 of it came from shale plays on non-federal lands in Texas and North Dakota.

But rather than prepare for a change in our daily doings, such as rebuilding the railroad system or promoting walkable neighborhoods over suburban sprawl, we tell ourselves fairy tales about how the Bakken shale oil play will make America «energy independent» to provide the illusion that we can keep driving to WalMart forever.

Bloomberg reports that the nine geographic fields that make up the majority of Eagle Ford shale play in Texas yielded 471,258 barrels of crude a day in February, a 74 percent increase from last year.