A website dedicated to the Shale Gas plays
Reports that shale gas may not be as plentiful as people thought are getting lots of attention. Last week the Energy Information Agency sharply cut its estimate of shale gas -- from 827 trillion cubic feet to 482 trillion cubic feet,…
Added by ShaleGasNOW.com on January 31, 2012 at 8:24am — No Comments
Added by ShaleGasNOW.com on January 29, 2012 at 12:48pm — No Comments
By Cindy Ekas U.S. Rep. Bill Shuster, a Republican representing the 9th Congressional District, said the Marcellus shale gas drilling industry offers a tremendous opportunity to revitalize the economy and create jobs in Fayette County and throughout Pennsylvania. But as the gas drilling industry continues to grow, Shuster stressed the importance of making sure companies comply with state and federal guidelines so the environment continues to be protected. “I want to make sure there…
Added by ShaleGasNOW.com on January 29, 2012 at 12:42pm — No Comments
In his State of the Union address, President Obama underscored the importance of developing shale gas to jump-start the economy. Here in Colorado, industry is already safely and responsibly developing this enormous energy resource, but realizing the full potential of shale oil and gas will require that we continue to be smart, act responsibly and work together to protect the health and safety of our residents and natural resources.
We're just now beginning to tap into the enormous…
ContinueAdded by ShaleGasNOW.com on January 28, 2012 at 8:51pm — 1 Comment
CUMBERLAND — The governor’s Marcellus Shale Advisory Committee will begin another year of work by delving into the crux of the debate over drilling for natural gas in…
Added by ShaleGasNOW.com on January 27, 2012 at 8:41am — No Comments
Reuters) - President Barack Obama on Tuesday pledged support for the U.S. shale gas boom, but said government must focus on safe development of the energy resource.
In his State of the Union address, Obama called for government to develop a roadmap for responsible shale gas production and said his administration would move forward with "common-sense" new rules to make sure drillers protect the public.
"America will develop this resource without putting the health and safety of…
ContinueAdded by ShaleGasNOW.com on January 25, 2012 at 4:26pm — No Comments
NYSE
Chesapeake Energy Corp., up $1.32 at $22.28
Chesapeake Energy Corp. said it will drastically cut natural gas drilling and production in the face of decade-low prices.
Halliburton Co., down 76 cents at $35.44
The oilfield services company posted a 50 percent jump in quarterly profit, but investors seemed disappointed it didn't beat estimates by a wider margin.
International Rectifier Corp., down 28 cents at $23.15
The chipmaker cut its revenue…
ContinueAdded by ShaleGasNOW.com on January 24, 2012 at 9:18pm — 1 Comment
Chesapeake Energy Corp. plans to reduce its dry gas rig count from 75 in 2011 to 24 by the second quarter, the company said in a statement. Half will operate in the Marcellus Shale, and six each in the Haynesville and Barnett shales in the…
Added by ShaleGasNOW.com on January 23, 2012 at 7:04pm — No Comments
PROVINCIAL government geologists have confirmed Manitoba has shale gas worth exploring, the kind of gas that's caused a continent-wide controversy over fracking.
But it might be a decade before Manitoba's gas catches the interest of energy companies looking for their next drilling targets.
Shale gas is a type of natural gas trapped in sedimentary rock. In the last 20…
Added by ShaleGasNOW.com on January 21, 2012 at 4:30pm — No Comments
Just who should regulate shale gas production is seeping its way into this year’s presidential race. The White House has said that the unconventional form of natural gas is an essential “bridge fuel” that uses extraction processes that must be federally regulated.
At the core of the debate is whether the U.S. Environmental Protection Agency has the authority to monitor certain aspects of shale gas production such as the disposal of waste water and the assurance of…
Added by ShaleGasNOW.com on January 19, 2012 at 8:47pm — No Comments
The number of approved Marcellus permits in
Pennsylvania should reach 10,000 by the end
of April. By the end of the year, the total
number of approved permits in the state will
likely reach 12,000.
By June of this year, 5,000 of the permitted
wells will have been reported as drilled or
under development, with…
Added by ShaleGasNOW.com on January 19, 2012 at 8:30pm — No Comments
The race for new-energy dominance is officially on. Earlier this month two of China’s oil giants, Sinopec and Cnooc, as well as Saudi Arabia’s state-owned oil company, Saudi Aramco, announced they would all seek to buy the same 30 percent stake in American hydraulic-fracturing-services firm Frac Tech Holdings LLC.
The…
ContinueAdded by ShaleGasNOW.com on January 19, 2012 at 8:34am — No Comments
Growth in shale oil and …
Added by ShaleGasNOW.com on January 18, 2012 at 12:14pm — No Comments
By Edward Klump
Jan. 18 (Bloomberg) -- The U.S. is poised for a revival of domestic oil production that may mirror a surge in natural-gas output from shale formations, ConocoPhillips Chief Executive Officer Jim Mulva said.
“The revolution has spread to domestic oil production,” Mulva said in remarks prepared for a speech at Rice University in Houston today. “And it may track the path it followed with natural gas. We just don’t know…
ContinueAdded by ShaleGasNOW.com on January 18, 2012 at 12:11pm — No Comments
Arguably the biggest story in the United States energy scene, and de facto for the rest of the world, has been the development of shale gas. Natural gas production in the United States was flat from about 1995 to 2005, standing at about 2 Tcf per month. But over the last five years, production started going up (see graph) moving to around 2.3 Tcf per month. The entire increase is because of shale gas, contributing at least 17 percent of domestic production. This is remarkable, considering…
ContinueAdded by ShaleGasNOW.com on January 17, 2012 at 4:25pm — No Comments
Many landowners across Pennsylvania are receiving solicitations by companies, partnerships, and even hedge funds seeking to purchase their Marcellus Shale natural gas rights. It is critical to understand whether these solicitations are for a permanent purchase of your…
ContinueAdded by ShaleGasNOW.com on January 16, 2012 at 5:30pm — 1 Comment
Added by ShaleGasNOW.com on January 16, 2012 at 1:04pm — No Comments
Great picture showing fracking control room
Added by ShaleGasNOW.com on January 16, 2012 at 12:51pm — No Comments
ALBANY — Opponents of natural gas hydraulic fracturing, or hydrofracking, said Thursday that the U.S. Environmental Protection Agency has fired a shot across the bow of the state …
ContinueAdded by ShaleGasNOW.com on January 16, 2012 at 11:12am — No Comments
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