Sentences with phrase «shale reserves»

These techniques have allowed drillers to unlock vast underground shale reserves and caused the U.S. to become the world's largest liquid fuels producer.

«I passionately believe that there is big potential for fracking and unconventional gas in Britain, which has some shale reserves that could make a real difference,» said Cameron, the keynote speaker at the American Fuel and Petrochemicals Manufacturers annual conference in San Antonio.

April Lane's work often brings her to Fayetteville, Arkansas, where she monitors pollution from natural gas production sites around the area's rich shale reserves.

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.

This starts with a view that U.S. oil and natural gas abundance — thanks to plentiful shale reserves and hydraulic fracturing — is a national asset to be supported and expanded, its benefits distributed to all parts of the country via 21st century infrastructure.

Thanks to vast domestic shale reserves and safe hydraulic fracturing, the U.S. is the world's leading producer of oil and natural gas — which by far has had the most to do with reducing U.S. net crude imports.

And here's how the report summarizes the «golden age» answer, and how it addresses the issues that have arisen around hydraulic fracturing, or fracking, in huge shale reserves:

The rapid increase in domestic natural gas production from shale reserves has significantly impacted the economics of coal fuels used for power and heat in recent years.

Gas industry representatives, who say they've been waiting three years to extract the gas from the Marcellus shale reserves, say they'd like to move the process along without any further delays so that permits can for fracking can finally be issued.

And second, competition will also be coming from China's own shale reserves, not to mention coal, which is the prime power - generating source gas producers aim to displace.

Despite environmental concerns around fracking, production has surged because of the country's large shale reserves in places like North Dakota and Texas.

The department had previously only provided an estimate for U.S. shale reserves, which it on Monday increased from 32 billion barrels to 58 billion.

In the event of an oil spike, it's got proximity to amazing shale reserves.

Argentina's state - owned energy producer, YPF (ypf), whose stock is also listed in the U.S., is finally offering foreign companies and investors more inviting terms to help it develop its shale reserves.

New York has the biggest shale reserve of any state that has banned fracking.

Recoverable shale reserve estimates range as high as 842 trillion cubic feet, a 37 - year supply at today's consumption rates.

Not exact matches

China too has huge shale gas reserves that will satisfy much of its domestic demand as extraction techniques pioneered in North America spread there.

In California, oil companies are pressing for further exploration of the massive Monterey Shale, a 1,750 - square - mile area extending from the agricultural Central Valley to the Pacific Ocean that federal energy officials say could ultimately comprise two - thirds of the nation's shale oil reserves.

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.

Global shale resources are vast enough to cover more than a decade of oil consumption, according to the first - ever U.S. assessment of reserves from Russia to Argentina.

And not only is Britain thought to have generous reserves of gas trapped in underground shale formations, it is one of the few countries remaining in Europe not have banned fracking, as many of their neighbors on the Continent already have done, including France and Germany.

China has more than quintupled its natural gas consumption since 2000, according to research firm GlobalData, and though the country has huge shale gas reserves of its own, production can't keep up.

Last month, Oslo - based Rystad Energy shared a report that shows the U.S. as now having the world's largest reserve of recoverable oil, with 264 billion barrels in existing fields, unconventional shale and as - yet undiscovered areas.

Every year, moreover, producers add to global reserves, whether through unlocking natural gas shale formations, oil sands bitumen plays, or drilling deep into the ocean floor.

This is a province with enough environmental mettle to turn its back on drilling for potentially rich shale gas reserves in the St. Lawrence Valley.

Britain is estimated to have substantial amounts of shale gas trapped in underground rocks and the national government has supported developing these reserves to counter declining North Sea oil and gas output.

It will completely blow up the oil reserves shale players are claiming to have and destroy their asset values.

The boom in unconventional fuels — such as bitumen extracted from Alberta's tar sands and oil extracted from North Dakota's Bakken shale formation by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.

U.S. energy firms are scrambling to finish a slew of pipelines that will unleash rich reserves of shale gas in Pennsylvania, West Virginia and Ohio as the nation prepares to Continue Reading

The coalition has made the exploitation of Britain's unconventional gas reserves a top priority, offering tax breaks to shale developers and promising big benefits to communities that host shale drillers.

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.

«We also welcome restated backing for developing UK shale gas reserves which in turn will support our vital future energy and feedstock security.

It remains the only state with significant shale gas reserves to forbid energy companies from fracking.

LONDON (ICIS)-- The UK chemical sector stands to benefit from shale gas more than any other European country thanks to a positive political environment and its large reserves, according to UK trade association the Chemical Industries Association (CIA).

But George Osborne may see it as the ideal opportunity to advance his «dash for gas», which defies most expert opinion with its punt that the UK can repeat the US's experience and exploit shale gas reserves to secure lower energy prices.

The Government's decision to allow exploration of potential shale gas reserves to proceed has been welcomed by engineers, who say it could have major environmental benefits.

New York has one of the nation's largest untapped reserves of natural gas and is the only state with a major shale gas formation to ban fracking.

The EPA's comments, in a series of letters this week to the state's Department of Environmental Conservation, are significant because they suggest the agency will be watching closely as states in the Northeast and Midwest embrace new drilling technologies to tap vast reserves of shale gas.

Consequently, Chinese investors are planning to manufacture methanol in the United States for export to China, drawing on the U.S.'s plentiful shale gas reserves.

A series of letters suggests the agency will be watching closely as states in the Northeast and Midwest embrace new drilling technologies to tap vast reserves of shale gas

World shale gas reserves are 450,000 billion cubic metres.

The British Geological Survey (BGS) recently estimated that the UK has 150 billion cubic metres of shale gas, about half of its more conventional reserves.

Instead, it proposed «minimum principles» — nonbinding environmental guidelines for member states that want to explore and exploit shale gas reserves using hydraulic fracking methods.

But the compounds used to crack shale formations to release their gas and oil reserves are under increasing scrutiny.

These and other types of region - specific scenarios are similar to what other states and countries could encounter when or if they also develop shale gas reserves.

The numbers aren't perfect — they don't fully reflect the recent surge in unconventional energy sources like shale gas, and they don't accurately reflect coal reserves, which are subject to less stringent reporting requirements than oil and gas.

So far... very little in terms of JORC reserves / resources, and the patchy drilling progress in Poland (where their largest shale prospects are located) appears at odds to date with management optimism.

If our government were truly interested in reducing oil consumption and CO2, why is it that the Bureau of Land Managment is currently behind efforts to support oil shale R&D and that it is considered a resource that can be relied upon when conventional oil reserves are depleted?

We talked about big impediments to the development of China's huge shale gas reserves or increasing exports of liquefied natural gas to Asia.

The United States is the world's leading oil and natural gas producer, thanks to vast shale energy reserves safely unlocked by advanced hydraulic fracturing and horizontal drilling.