Sentences with phrase «tight gas production»

Not exact matches

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.

Shale gas and tight oil from low permeability reservoirs have provided a new lease on life for U.S. oil and gas production.

ARC Energy Research Institute forecasts $ 30 billion will be spent in conventional and tight oil and gas formations in Canada this year, which is more than twice the $ 12 billion in investment projected to go into the oilsands, but still well below the peak of $ 46 billion spent in Canadian conventional oil and gas production in 2014.

At the same time, however, production from all other sources — such as conventional gas fields on land and offshore as well as so - called tight gas and coal - bed methane — has been declining at a rate of about 5 percent per year.

Abundant natural gas resources and rising production — including supplies of tight gas, shale gas, and coalbed methane — contribute to the strong competitive position of natural gas.

There's a reason that the shale gas, tight sands gas, and other natural gas deposits that now make up half of U.S. gas production are still called «unconventional.»

However, the competitive environment, government policy and available infrastructure mean that North America will dominate the production of shale gas and tight oil for some time to come....

The U.S. Energy Information Administration (EIA) reports that the two plays provided 85 percent of U.S. shale gas production growth since the start of 2012, reflecting the blossoming production from shale and other tight - rock formations through safe fracking.

However, this decrease is expected to be more than offset by rising production from a variety of emerging supply sources — including tight oil, deepwater, oil sands, natural gas liquids and biofuels.

The most obvious change has been the renaissance of oil and gas production: the growth in unconventional gas production, alongside increased output of light tight oil, is making a substantial contribution to economic activity and competitiveness.

This is even truer of shale gas and tight oil production, which yield faster returns and decline more rapidly.

Technological breakthroughs in shale gas and tight oil production are poised to make the United States — not Saudi Arabia — the world's largest producer of crude oil as early as the end of the decade, according to the latest World Energy Outlook published by the International Energy Agency (IEA).

The shift is the result of surging oil and natural gas production using advanced hydraulic fracturing and horizontal drilling, harnessing oil and gas reserves in shale and other tight - rock formations.

Over the last decade, the decline in U.S. conventional natural gas production has been offset by turning to more unconventional sources, such as coalbed methane, tight sandstones, and gas shales.

China's natural gas production from other sources, such as coalbed methane, tight formations, and more traditional natural gas reservoirs, is projected to increase more modestly, from 12 Bcf / d from these sources in 2016 to 20 Bcf / d by 2040.

Natural gas prices and price volatility have been relatively low ever since then — largely thanks to abundant domestic production from shale and other tight - rock formations.

A new well - level play - by - play models for tight oil and shale gas in the United States incorporating endogenous technology learning for production from individual plays.

Among the country's top 15 states in overall energy production, Arkansas had a more than 400 percent increase in natural gas output from 2005 through 2015 — thanks to safe hydraulic fracturing and horizontal drilling in shale and other tight - rock formations.

What we're seeing, of course, are the positive supply impacts of the U.S. energy renaissance — dramatic increases in domestic oil and natural gas production over the past several years, thanks to the safe development of shale and other tight - rock formations using hydraulic fracturing and horizontal drilling.

Abundant natural gas resources and rising production — including supplies of tight gas, shale gas, and coalbed methane — contribute to the strong competitive position of natural gas.

Those that run a tight fraking pipe for gas production will be profitable.