Sentences with phrase «much shale drilling»

Hedge fund managers have gambled everything on a goldilocks scenario in which oil prices rise without damaging demand or spurring too much shale drilling.

Not exact matches

There have been a number of high - profile derailments of trains — including one by UP — carrying shale oil, much of which is produced in new drilling areas without established pipeline networks and must be moved by rail.

The only production that could be brought back on line fast is shale oil, but without the extremely low interest rates caused by government meddling, shale drilling will be much more expensive in the future.

The Wolfcamp, which is as much as a mile (1.6 kilometers) thick in some places, has been one of the primary targets of shale drillers.

The share price of Carrizo Oil & Gas, an Eagle Ford - focused shale driller, has plunged by as much as 15 percent over the past week.

They found that wells located within 1 kilometre of an active shale - gas drilling site contained 17 times as much methane on average as those further away.

They rightly thought shale drilling was much too capital intensive and risky.

(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.)

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.

America has vast reserves of predictable shale gas, much of which is only being lightly drilled to hold expensive leases.

Much of this increase can be attributed to increased production from the Pennsylvania portion of the Marcellus Shale Basin, as well as the adoption of more efficient drilling techniques and the continued targeting of liquids - rich shale gas formations.

Drilling has started on the first UK shale well for six years even as debate intensifies among geologists over how much gas is available for fracking.

The US Energy Information Administration has reported that drilling for shale gas and light tight oil in the United States became much more efficient throughout the period 2007 — 2014.

It seems there is great confidence in fracking and horizontal drilling to free up nearly four times as much shale gas as conventional gas.