The United States claimed the title in 2012 for the leading production growth for not only natural gas but also oil, boosted by its considerable unconventional stores, according to BP plc’s annual benchmark of global energy resources.
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Utility, Siemens Aim for Natural Gas Fueling Share
A long-established Midwest gas utility holding company and an international industrial giant are the latest players to indicate they intend to compete in the growing natural gas transportation fuel market.
Bakken Water Recycling Solution Emerges
Initial tests of a process used in the Bakken Shale in North Dakota indicate that up to 80% of the water used in hydraulic fracturing (fracking) may be recycled successfully, according to the state’s chief oil and natural gas official.
LNG Exports Move Closer to Reality
A series of recent decisions by regulators and moves by operators of liquefied natural gas (LNG) facilities indicate the logjam of LNG exports may be easing.
Pennsylvania Sees Higher Natural Gas Output, Despite Data Flaws
Reports posted by the Pennsylvania Department of Environmental Protection (DEP) indicate that the state saw substantial growth in natural gas production during the first half of 2012 (IH2012), perhaps more than 82% higher year/year, although production totals from some operators are missing from the latest report and the reporting criteria had changed.
Pennsylvania Reports Higher NatGas Production Despite Data Flaws
Reports posted by the Pennsylvania Department of Environmental Protection (DEP) indicate that the state saw substantial growth in natural gas production during the first half of 2012, perhaps more than 82%, although production totals from some operators are missing from the latest report and the reporting criteria had changed.
Continental Increases Bakken Position Through Wheatland Oil Purchase
Continental Resources Inc.’s shareholders have approved the company’s purchase of Wheatland Oil Inc.’s core assets in the Bakken Shale, a stock deal valued at about $276 million.
Shale Industry Ripe for Consolidation, Study Concludes
Trends that surfaced last year indicate “a continued preference for crude oil and liquids-rich gas development over dry gas options,” and are likely to reduce — and possibly reverse — recent domestic dry gas production growth rates, according to a new report from Pace Global.
Shale Industry Ripe for Consolidation, Study Concludes
Trends that surfaced last year indicate “a continued preference for crude oil and liquids-rich gas development over dry gas options,” and are likely to reduce — and possibly reverse — recent domestic dry gas production growth rates, according to a new report from Pace Global.
AGA: Natural Gas Reserves Swell to 300 Tcf
Data gathered from 30 large domestic natural gas producers indicate that the U.S. inventory of gas reserves has grown to about 300 Tcf, according to a new report from the American Gas Association (AGA). That estimate shatters the previous domestic reserves record of 293 Tcf, which was recorded in 1967.