Sentences with phrase «produce shale»

It provides additional evidence that, when undertaken using industry best practices, hydraulic fracturing can produce shale energy safely and responsibly.
It's well documented that fracking to produce shale gas generates fugitive methane, which is the main component of natural gas.
Meanwhile, the never - ending Middle East conflicts support high crude prices, which makes it feasible to produce shale oil in the US.
But Alberta heavy oil is sometimes fetching as little as half the world price due to the competition from U.S. - produced shale oil and a shortage of pipelines to get the crude to the coasts and other refining markets.
Radon is a known cancer - causing radioactive gas and is found in the gas producing shale formations in Pennsylvania that are being piped into the City via the Spectra pipeline.
Much about how industry produces shale gas must be improved, a report released today finds, in order to reduce shale gas's environmental impact.
By December 2013, a projected 3.84 million barrels of oil per day were being produced by the four main oil - producing shale basins (minus Haynesville and the Marcellus with low oil production).

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 U.S. can produce as much shale oil as it wants, but its Gulf Coast refineries are geared toward heavier kinds of crude that can easily process oil sand bitumen but aren't geared toward the lighter crude coming out of, say North Dakota's Bakken play.
Only the U.S. and Canada were producing oil and natural gas from shale in commercial quantities, the department said.
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.
But the council itself voted June 29 to reject the application by shale gas explorer Cuadrilla Resources to drill four wells in the region and to use fracking to test their ability to produce gas.
Energy research group IHS CERA calculates that fully one - half the U.S. shale resource — a 30 - year supply at today's rate of consumption — could be produced at today's prices or less, meaning the market can accommodate a jump in demand without a corresponding price increase.
What's more, the U.S. Energy Information Administration (EIA) just reported that, thanks to the revitalized shale revolution, the U.S. produced over 10 million barrels of oil per day in November, the first time it's done so since 1970.
The cash - and - stock deal marries operations that are broadly complementary in terms of geography as well as giving Marathon extra capacity in the U.S. light crude produced by a booming shale oil sector.
«It would send the wrong message to U.S. shale production to hold above there — drill and produce more.»
Among commodities, oil prices moved higher as fears about rising US shale production abated somewhat, and market participants began giving more weight to the effectiveness of supply cuts by members of the Organization of the Petroleum Exporting Countries and several other large oil - producing countries.
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.
Less than a year ago major shale firms were saying they needed oil above $ 60 a barrel to produce more; now some say they will settle for far less in deciding whether to crank up output after the worst oil price crash in a generation.
While it's perfectly true that there isn't enough U.S. shale to flood the world with oil, a lot of what there is is historically cheap to produce so as to give crude from the Middle East a real run for its money; and a solid proportion of that production has been sold forward at attractive levels in the futures market ensuring financial stability for U.S. producers.
Gas is easier to produce than oil from shale and other «tight» rocks, and by 2040 the EIA expects US production to be 56 per cent higher than in 2012.
Specifically, oil coming from the U.S. oil shales have doubled and now represent almost 5 million barrels per day of the 9 million barrels per day of oil the U.S. produces.
Many recent articles discussing shale oil production focus on short - term logistics and financing issues and not the major question of how much oil is left to produce.
The final issue is just how much oil is left in the Permian and other shale oil basins that can be produced at wherever oil prices go.
shale oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight oil if all the types of oil are included venezuela must be a heaven with a quarter of global oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
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.
The 40 % slope, shallow topsoil and virtually impenetrable volcanic shale are the perfect antidote for taming this vigorous varietal into producing intensely flavored grapes.
The Health Department under his interim leadership produced last year's analysis concluding shale gas development using high - volume hydraulic fracturing carries unacceptable health risks.
Ene, who spoke against the backdrop of oil crashing to 13 - year lows of below $ 28 / barrel last week, noted that the bearish run may soon fizzle out, whether shale or conventional oil is being produced at above $ 25 / barrel.
While the gas - rich Marcellus shale formation barely extends beyond Ulster's western edge, another gas - producing rock formation, called the Utica Shale, does underlay the county, and Zimet said gas - industry reps were already «trying to get leases» in the Town of Rochester.
If the Department of Environmental Conservation ever makes good on Gov. Cuomo's promises and produces reasonable regulations on fracking, shale - gas wells and pipeline projects will need hundreds of roustabouts.
The Barnett and Eagle Ford shale formations in Texas contain high amounts lithium, and the produced wastewater generated by hydraulic fracturing in those areas has high concentrations of lithium.
«Produced water from shale gas fields in Texas is rich in lithium.
To conduct the new study, the researchers collected and analyzed 44 samples of waters produced from conventional oil and gas wells in New York and Pennsylvania and 31 samples of flowback waters from hydraulically fractured shale gas wells in Pennsylvania and Arkansas.
As some of the incentives for fracking come from the lower carbon emissions produced by gas - fired power stations, a key question is whether the extraction of shale gas has an additional impact on greenhouse gas (GHG) emissions.
Coal - powered synthetic natural gas plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study by Duke University researchers.
Coal - powered synthetic natural gas plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study.
Analysis by Bob Bracket of US market analysts Bernstein Research shows similarly steep declines, and also that the average shale well takes just six years to become a «stripper well» — producing just 10 to 15 barrels a day.
And the central government has set targets in its current five - year plan of 6.5 billion cubic meters of shale gas to be produced annually by 2015, jumping to at least 60 billion cubic meters per year by 2020.
The shale, named for the town of Eagle Ford, TX, is a geologic remnant of the ancient ocean that covered present day Texas millions of years ago, when the remains of sea life (especially ancient plankton) died and deposited onto the seafloor, were buried by several hundred feet of sediment, eventually turning into the rich source of hydrocarbons we have today.The shale was first tapped in 2008 and now has around 20 active fields good producing over 900 million cubic feet per day of natural gas.
Whether such a quantity can be produced from tar sands and oil shale at a price near (never mind below) $ 30 per barrel is highly uncertain, but more suggestive of Lomborgs confusion in any case is that the price he mentions is higher (according to his own Figure 65) than the price of oil has been for any prolonged period in the last 120 years except for 1979 - 86, in the aftermath of the second (1979) Arab - OPEC oil - price shock.3 This means resources of tar sands and oil shale that would be economically exploitable only at prices around $ 30 per barrel are in fact more expensive than oil has been for nearly all of the last century.
He studied two well - preserved sequences of black shale, a type of rock that often contains organic matter and can produce oil under the right conditions.
Once FutureGen is up and running — now scheduled to happen in 2014 — the carbon dioxide gas it produces will be siphoned off, compressed into a near - liquid state, and piped at least a mile down into porous sandstone capped by a layer of impermeable shale.
Shell's complex will use low - cost ethane from shale gas producers in the Marcellus and Utica basins to produce polyethylene, which is used in a variety of products, from food packaging and containers to automotive components.
«Since 2008, coal use has decreased, in part due to the recession but also in part due to replacement of coal with shale gas to produce electricity,» Howarth said.
Schwietzke said it's also important to account for the emissions from all the fossil fuels that are produced in a given shale gas field because many wells produce oil, natural gas and other hydrocarbons.
Some scientists, including Cornell University environmental biologist Robert Howarth, have questioned natural gas's use as a «bridge fuel» because producing the gas, most of which is released from underground shale formations through hydraulic fracturing, often emits a lot of methane, a potent greenhouse gas.
The Department also points out that, due to the higher energy requirements of extracting the oil, shale oil produces less energy than conventional oil, coal or wood.
The paper, «Organic compounds in produced waters from shale gas wells,» was written by Samuel J. Maguire - Boyle and Andrew R. Barron of Rice University (Maguire - Boyle and just published in Environmental Science: Processes & Impacts.
The researchers found most of the salt, organic and other minerals that appear in produced water from shale gas reservoirs originate in the connate waters trapped in the dense rock over geologic time scales.
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