Contain

A report by the Manhattan Institute for Policy Research says personal income for the residents of 28 counties in New York that overlay the Marcellus Shale could grow by 15% or more over the next four years, if the state lifts a moratorium on high-volume hydraulic fracturing (HVHF).

The Bakken Shale and Three Forks formation in the Williston Basin in Montana, North Dakota and South Dakota contain a combined estimated 7.4 billion bbl of undiscovered, technically recoverable oil, 6.7 Tcf of undiscovered, technically recoverable natural gas and 530 million bbl of undiscovered, technically recoverable natural gas liquids (NGL), according to an assessment released by the United States Geological Survey (USGS).

The Bakken Shale and Three Forks formation in the Williston Basin in Montana, North Dakota and South Dakota contain a combined estimated 7.4 billion bbl of undiscovered, technically recoverable oil, 6.7 Tcf of undiscovered, technically recoverable natural gas and 530 million bbl of undiscovered, technically recoverable natural gas liquids (NGL), according to an assessment released Tuesday by the United States Geological Survey (USGS).

ProPublica, a nonprofit corporation that pursues investigative journalism on matters of public interest, is criticizing former Pennsylvania Gov. Ed Rendell and the New York Daily News for failing to disclose Rendell’s ties to natural gas-related businesses in a pro-industry editorial.

Former Pennsylvania Gov. Ed Rendell urged New Yorkers — and, by extension, New York Gov. Andrew Cuomo — to embrace high-volume hydraulic fracturing (HVHF) in their state, adding that they have “the chance to play a major part in [the] revolution” of U.S. energy independence.

New York Gov. Andrew Cuomo criticized groups that support high-volume hydraulic fracturing (HVHF) in the Empire State for focusing on “hallway chatter” and said he doesn’t think two bills calling for a two-year moratorium on the practice will pass the legislature.

Industry investment in infrastructure and more emphasis on infill developmental wells are helping to contain North Dakota’s wellhead flaring of natural gas in the oil/liquids-rich Bakken Shale formation, a state official said.

A legislator in the Maryland House of Delegates announced Wednesday that she plans to introduce a bill next year that would impose a moratorium on hydraulic fracturing (fracking) in the state’s portion of the Marcellus Shale until a comprehensive scientific study is completed.

The U.S. Energy Information Administration (EIA) said last week U.S. shale formations are estimated to contain 483 Tcf of unproved technically recoverable natural gas and 33.2 billion bbl of unproved technically recoverable tight oil, numbers that closely mirror figures published in January.