Gas and oil reside in the shales, but how much, and at what price, are questions researchers at the University of Oklahoma (OU) hope to answer at a new oil and gas “center of excellence.”
2011
Articles from 2011
Municipalities in Colorado, California Address Fracking
Despite ongoing statewide efforts, city and county governments in Colorado and California are coming up with local solutions to safe and sane hydraulic fracturing (fracking). Two jurisdictions are lifting fracking moratoriums.
Anti-Fracking Amendment Defeated in Youngstown, OH
Despite a dozen small earthquakes in 2011 blamed on wastewater disposal wells, voters in the City of Youngstown, OH, stood firm on Tuesday and defeated, by a 57-43% margin, an amendment to the city’s charter that would have banned hydraulic fracturing (fracking).
Marathon Petroleum ‘Optimistic’ on Utica Condensate Plans
Although condensate production in the Utica Shale is occurring at a slower-than-anticipated pace, Marathon Petroleum Corp. (MPC) said it has completed the conceptual engineering for condensate splitters at its refineries in Kentucky and Ohio, part of a $300 million investment to put the company in position to handle increasing volumes in the future.
Goldman Sees NatGas As Golden ‘Safe Haven’
With the price of gold now down nearly 30% from its record September 2011 high of $1,920.30/oz to around $1,377, analysts looking for a commodity to be bullish about have turned their focus to natural gas as a new commodity “safe haven,” thanks to the shale revolution.
North Dakota Sets More Records in February
Although overall month-over-month totals were down, production rates set all-time high marks for oil and natural gas in February in North Dakota, state officials reported Tuesday.
NatGas the New Gold? Goldman Thinks So
With the price of gold now down nearly 30% from its record September 2011 high of $1,920.30/oz to around $1,377, analysts looking for a commodity to be bullish about have turned their focus to natural gas as a new commodity “safe haven,” thanks to the shale revolution.
Natural Gas Advantage Lost on Fugitive Emissions, Says Think Tank
The natural gas bonanza brought about by unconventional drilling may be displacing coal and diesel as a “cleaner” fuel, but methane leaks from the surge in drilling and processing destroy that advantage, according to the environmental think tank World Resources Institute (WRI).
Pennsylvania PUC Website Details Impact Fee Collection, Distribution
The Pennsylvania Public Utility Commission (PUC) on Wednesday introduced an interactive website that allows users to examine information related to the collection and distribution of revenue from the state’s unconventional natural gas well impact fee, which was enacted as part of Act 13, the state’s omnibus Marcellus Shale law.
Debt Lightened, Talisman Focusing on Liquids-Rich Plays
Calgary-based Talisman Energy Inc. last year cut debt by $750 million, stabilized its balance sheet and is now focused on two core areas: the Americas and the Asia-Pacific region, said CEO Hal Kvisle.