Production out of the nation’s shale plays over the past five years, especially the Marcellus Shale, has proven many early skeptics wrong, according to Terry Engelder, a geosciences professor at Pennsylvania State University who helped spawn interest in the Marcellus through his reserve estimates in 2008.
Decline
Articles from Decline
Barnett Shale’s NatGas, Oil, Condensate Production Fell in June
Production of crude oil, natural gas and condensate out of the Barnett Shale all continued to decline in June compared to both the previous month and to June 2012, according to data from the Railroad Commission of Texas (RRC).
August 22, 2013
Fracking Lifted U.S. Oil and Gas Proved Reserves in 2011
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.
August 2, 2013
IEA: Shales Driving U.S. to Production Growth World Leader
The International Energy Agency (IEA) said U.S. gas production could reach 797 billion cubic meters (bcm) (28.14 Tcf) by 2018, 17% higher than last year’s total of 681 bcm (24.05 Tcf), which was a 5% increase over 2011. That’s thanks to shale gas. Other countries have it, but they won’t be getting at it for some time, and that fact will keep the United States among the leading natural gas producers.
June 21, 2013
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
FERC Form 552 Data Shows Shift in 2012 Supply-Demand Mix
Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by Natural Gas Intelligence (NGI) of 2012 Form 552 buyer and seller filings with FERC.
June 10, 2013
FERC Form 552 Data Shows Shift in 2012 Supply-Demand Mix
Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by Natural Gas Intelligence (NGI) of 2012 Form 552 buyer and seller filings with FERC.
June 4, 2013
NatGas Transactions Declined, Supply-Demand Mix Shifted in 2012
Total combined natural gas purchase and sales volumes were 123,868 TBtu (Bcf) in 2012, a 0.7% decline compared with 124,752 TBtu in 2011, according to an analysis by NGI’s Shale Daily of 2012 Form 552 buyer and seller filings with FERC.
June 4, 2013
Eagle Ford Oil Production Poised to Be a Bakken Beater
As oil production continues its steep climb in the Eagle Ford Shale, the South Texas play is on track to surpass the Bakken, the shale oil production leader, in the near term, an RBC Capital Markets analyst said Wednesday.
May 31, 2013
Carbon Dioxide Emissions Up More Than 7% For Power Generation
The nonprofit Environmental Integrity Project (EIP) said that after an eight-year decline, carbon dioxide (CO2) emissions from power plants jumped 7.1% in 1Q2013, due in part to rising natural gas prices and the lure of cheap coal.
May 28, 2013
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
