U.S. oil and natural gas exploration and production companies added 31.2 Tcf of wet natural gas proved reserves and almost 3.8 billion bbl of crude oil and lease condensate proved reserves in 2011, the Energy Information Administration (EIA) said in a report issued Thursday.
2035
Articles from 2035
Shale Gas, Oil ‘Globally Abundant,’ EIA Says
Estimated global shale gas and shale oil resources represent 32% of the world’s natural gas and 10% of the world’s crude oil technically recoverable resources, according to an assessment released Monday by the U.S. Energy Information Administration (EIA).
June 11, 2013
EIA: Shale Gas Unproved Reserves Numbers Unchanged From January
The U.S. Energy Information Administration (EIA) said it estimates that shale formations in the United States contain 483 Tcf of unproved technically recoverable natural gas and 33.2 billion bbl of unproved technically recoverable tight oil.
July 24, 2012
Deals to Pour $470M Into Midstream Infrastructure
A pair of investment deals announced Wednesday would provide approximately $470 million for much-needed midstream infrastructure in North American shale plays.
July 28, 2011
Shale Region Pipeline Costs On the Rise
The cost to build major natural gas pipelines is rising, particularly in the Marcellus Shale, according to a new report.
July 5, 2011
Shale Gas Supplies Overrated, Report Alleges
Government and industry sources have grossly overstated future natural gas supplies in the United States, basing their estimates on unrealistic growth in supplies from shale gas plays, according to a report released Thursday by the San Francisco-based Post Carbon Institute, a nonprofit organization that promotes sustainability.
May 17, 2011
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