Sentences with phrase «shale plays»

This production is largely from shale plays in the Appalachian Basin.
This production is largely from shale plays in the Appalachian basin.
«There's a very rich lesson to be learned from producers in this basin,» he said of U.S. shale plays.
The industry is finding that innovation is the key to unlocking more production out of shale plays for less money.
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.
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.
PDC has approximately 62,450 net acres in the Utica shale play in southeast Ohio as of year - end 2016.
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.
«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.
If West Texas Intermediate drops another $ 10 or so, the profitability of US shale plays will start to look similarly marginal.
If development of Vaca Muerta and other shale plays proceeds, emissions from Argentine oil and gas production are projected to rapidly increase, doubling by 2050 (see Figure 2).
Mitchell Energy engineers encountered numerous obstacles to successful shale plays before partnering with federal agencies, which bore some of the costs for novel horizontal drilling techniques and hand - delivered crucial three - dimensional mapping technologies developed at Sandia National Laboratories.
The rise of MLPs has been driven by low interest rates and the massive build - out of new energy infrastructure in the United States to help deliver oil and gas from new shale plays.
Cameron said that although the UK government set the groundwork for a successful shale play, while simultaneously cutting greenhouse gas emissions, environmental pressures have restricted progress since he left office in 2016.
Natural gas is extracted from shale plays by a process called hydraulic fracturing, more commonly known as «fracking.»
EOG has dozens of apps it has developed to help engineers track well data, and it has been analyzing data on thousands of horizontal wells across the U.S. shale plays with what it calls «black boxes» that it has been deploying on rigs.
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.
Even production from prolific shale plays like the Bakken, which straddles North Dakota and southeast Saskatchewan, are at risk.
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.
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.
The Permian shale play is all about setting records.
The world's hottest shale play right now, the Permian, is boosting its oil production and contributing the most to the U.S. crude output growth.
In a sense, he was suggesting that if shale played ball by holding back, OPEC would do what it takes to stabilize the market, so that prices are more appealing to all producers.
EOG Resources (NYSE: EOG) is a domestic leader in the booming natural gas industry, making big investments in the Bakken and Barnett shale formations, two of the biggest shale plays in the country.
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.
Back in early 2011, the Haynesville shale play in east Texas, northwest Louisiana, and southwest Arkansas surpassed the Barnett Shale in Texas as the highest - producing shale gas play in the Continue Reading
This production is largely from shale plays Continue Reading
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.
There is a possibility that reservoir challenges, like «frac hits», and challenges with adding additional stages (horizontal drilling has hit upon natural limits to length of wells due to the loss of pressure in the latter stages) will increase the cost of drilling to make marginal shale plays uneconomic.
To make the most out of this energy boom, I like to remind investors to look beyond direct shale plays to find opportunities.
The rail industry is now busier than ever hauling frac sand across the numerous shale plays.
The rush of horizontal drilling and hydraulic fracturing in «tight» shale plays around the country is largely responsible for a resurgence of U.S.
The map displayed here illustrates shale plays throughout the lower 48 states.
As seen in this map, shale plays exist in distinct regions throughout the country, due to their specific geologic composition.
As far as gas prices go, they «eventually» have to be much higher because shale plays are not economic at this price.
Crude oil and natural gas liquids production in shale plays provide the company with opportunities to extend its pipeline network and collect more attractive fee - based cash flows.
Few companies pursued shale plays, often drilling past shale minerals to reach sandstone deposits underneath.
Natural gas reserves in shale plays contributed more than half to total natural gas proved reserves in 2014.
Proved natural gas reserves from shale formations now constitute over half of all the proved natural gas reserves in the United States and proved oil reserves from tight oil formations, mainly shale plays, constitute a third of the proved oil reserves in 2014.
Fuel Fix Blog: The Marcellus region is now the biggest natural gas shale play in the world, and there's still about $ 90 billion to be made by tapping the area's reserves, according to a study by energy analyst group Wood Mackenzie.
Through Restoration Systems, Howard has a significant financial stake in the fracking industry, including a multi-million dollar shale play project in Pennsylvania.
There is an added new benefit from the NG shale play and potential for further benefit if America executes the obvious.
Argentina is on the brink of an oil and gas production explosion, with its top shale plays forecasted to vastly increase oil and gas production in the country through mid-century.
Advised EP Energy in asset sale of Texas and Louisiana shale plays to Covey Park Gas for $ 420 million in cash
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.
A drilling rig in Texas» Eagle Ford shale play.
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