Data just coming in from 2011 shows that investment in U.S. shale oil and gas drilling nearly doubled over 2010 levels, which vaulted shale plays to account for nearly one-quarter of all wells drilled in the United States, according to the American Petroleum Institute (API).
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While Mexico’s gas-rich San Juan Basin turned up another declining year of natural gas production in 2012, state officials and some exploration and production (E&P) companies are maintaining interest in the state’s overall oil, liquids and gas businesses.
President Obama Friday called on the Senate to pass comprehensive legislation aimed at protecting critical national infrastructure, including energy facilities, from cyber attacks prior to leaving for its August recess.
The prospects for exporting U.S. natural gas are intertwined with a whole set of variables that are becoming increasingly tough to predict, according to the lead gas and electricity prognosticator at the California Energy Commission (CEC).
The debate in New Brunswick over shale gas development in the emerging Frederick Brook Shale continued to escalate Thursday, with politicians on opposing sides of the issue trading barbs and setting the stage for a showdown this week in the Legislative Assembly.
North America’s abundant natural gas resources have begun to weaken Russia’s influence on Europe’s energy supplies and could counter Iran’s influence as an energy supplier, according to research by the Baker Institute Energy Forum at Rice University.