The shale gas and oil revolution has created a 20-year opportunity for technology and sustainable economic development, but to realize its full potential, the people who think about energy will have to adopt a new mindset, Deloitte’s Joseph Stanislaw said in a new whitepaper, in which he argues that shale resources should be a bridge to a lower-carbon future.
Formation
Articles from Formation
North Dakota Official Says USGS Williston Assessment ‘Conservative’
The U.S. Geologic Survey’s (USGS) assessment of the Williston Basin’s Bakken Shale and Three Forks formation in North Dakota, Montana and South Dakota, which combined was estimated at 7.4 billion bbl of technically recoverable oil, is “very conservative,” according to North Dakota’s chief oil and gas regulator.
OSHA Investigating West Texas Oil Well Blowout
Two workers were killed and three others hospitalized Friday morning in an oil well blowout in the Bone Spring tight sands formation in West Texas, near Barstow.
ZaZa CEO: Most to Gain When Eaglebine Soars
Fresh off an asset streamlining and an Eaglebine joint venture (JV) formation with EOG Resources Corp. (see NGI, April 1), Houston-based ZaZa Energy Corp. executives are touting their heavy weighting to the emerging stacked South Texas play and said what’s learned from the JV will add value to the company’s 100% owned acreage.
PDC Spotlighting Colorado’s Codell Formation
PDC Energy wells in the Codell formation of Colorado’s Wattenberg Field are outperforming those in the Niobrara, and the independent plans to drill as many Codell horizontal wells as Niobrara horizontals this year, company officials said during an analyst day conference in New York Thursday.
PDC Spotlighting Colorado’s Codell Formation
PDC Energy wells in the Codell formation of Colorado’s Wattenberg Field are outperforming those in the Niobrara, and the independent plans to drill as many Codell horizontal wells as Niobrara horizontals this year, company officials said during an analyst day conference in New York Thursday.
ZaZa CEO: Most to Gain When Eaglebine Soars
Fresh off an asset streamlining and an Eaglebine joint venture (JV) formation with EOG Resources Corp. (see Shale Daily, March 26), Houston-based ZaZa Energy Corp. executives are touting their heavy weighting to the emerging stacked South Texas play and said what’s learned from the JV will add value to the company’s 100% owned acreage.
ZaZa, EOG Partnering in Eaglebine
EOG Resources Inc. has struck a joint exploration and development agreement with Eaglebine formation partners ZaZa Energy Corp. in Walker, Grimes, Madison, Trinity and Montgomery counties, TX.
EOG Partnering with ZaZa, Range in Eaglebine
EOG Resources Inc. has struck a joint exploration and development agreement with Eaglebine formation partners ZaZa Energy Corp. and Range Resources Corp. in Walker, Grimes, Madison, Trinity and Montgomery counties, TX.
Ohio’s New Utica Maps Give Picture of Current, Future Drilling
The Ohio Department of Natural Resources (ODNR) has updated several maps and data charts for the Utica Shale and Point Pleasant formation, including one map showing the weight of Total Organic Carbon (TOC) that could be used by operators to decide where to drill in the future.