Conventional wisdom says the bursting of the real estate bubble triggered the nation’s latest recession. But a researcher at the University of Texas at Austin (UT) puts the blame on energy — or rather the fact that citizens were forced to pay a greater percentage of their incomes for energy.
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West Virginia DEP Drafting Water Rules for Marcellus Operators
The West Virginia Department of Environmental Protection (DEP) is working on a set of draft rules that would require natural gas producers to submit comprehensive water management plans when they apply to drill horizontal wells in the Marcellus Shale.
EIA Reserves Estimate to Rise on Shale Production
Continued growth in production of shale gas and recent discoveries in deep waters offshore is expected to increase domestic natural gas production through 2035 and will be reflected in the Energy Information Administration’s (EIA) next Annual Energy Outlook, which is due out in December, according to EIA Administrator Richard Newell.
Weatherford Eyes Bigger Shift to Shales
North American operators are continuing to shift from conventional natural gas plays “to oil and shales, particularly the gas and condensate plays,” which puts Weatherford International Ltd. in a particularly strong position, CEO Bernard Duroc-Danner said last week.
Weatherford CEO Sees More Movement to Shales From Conventionals
North American operators are continuing to shift from conventional natural gas plays “to oil and shales, particularly the gas and condensate plays,” which puts Weatherford International Ltd. in a particularly strong position, CEO Bernard Duroc-Danner said Tuesday.
Gas Prospecting in Houston Parks Approved
Houston City Council last week approved a three-year agreement with Southern Star Exploration LLC to explore for conventional natural gas beneath three municipal parks and a public works center in an industrial area.
Gas Prospecting Under Houston Parks Approved
Houston City Council on Wednesday approved a three-year agreement with Southern Star Exploration LLC to explore for conventional natural gas beneath three municipal parks and a public works center in an industrial area.
Strong Support for Northern British Columbia Infrastructure
While conventional and shallow drilling die down, Canadian natural gas producers with deep enough pockets to outlive current low prices are switching to larger, more technical tight and shale targets for their next generation of supplies.
North American Gas, Gas, Gas; Think in Quadrillions
North American natural gas production is no longer opportunity-constrained, it’s market-constrained, as the swift, stunning growth of unconventional plays already has overtaken conventional drilling, according to industry leaders and energy pundits, who shared their expertise and advice at Cambridge Energy Research Associates’ CERAWeek in Houston.
North American Gas: Think in Quadrillions
North American natural gas production is no longer opportunity-constrained, it’s market-constrained, as the swift, stunning growth of unconventional plays already has overtaken conventional drilling, according to industry leaders and energy pundits, who shared their expertise and advice last week at Cambridge Energy Research Associates’ CERAWeek in Houston.