A crowd of about 2,000, mostly landowners, gathered in Bainbridge, NY, Sunday to urge state and federal policymakers to allow the use of horizontal drilling and hydraulic fracturing (hydrofracing) techniques to develop natural gas in the state’s Marcellus and Ithaca shale formations.
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Economist: Producers Must Adjust to Shale-Era Economics
Horizontal drilling and hydraulic fracturing are unlocking the continent’s bountiful gas shale plays one by one, leading to a seismic shift in production economics — and prices will never be the same, a Calgary-based energy economist told NGI.
April 27, 2009
Economist: Shale Abundance Dictates Low-Cost Mindset
Horizontal drilling and hydraulic fracturing are unlocking the continent’s bountiful gas shale plays one by one, leading to a seismic shift in production economics — and prices will never be the same, a Calgary-based energy economist told NGI.
April 22, 2009