In what is considered a symbolic gesture, Rochester, NY’s city council voted unanimously on Tuesday to extend by one year a moratorium on natural gas exploration and extraction activities, and in particular, hydraulic fracturing (fracking).
Numbers
Articles from Numbers
Eagle Ford Oil Production Hits New High
Crude oil production from the Eagle Ford Shale of South Texas was up by 74% in February compared with a year ago, reaching an all-time high of 471,258 b/d from the nine fields that comprise the majority of the play, according preliminary data from the Railroad Commission of Texas (RRC).
Canada’s Gas Shales Reportedly More Costly
A small handful of cold, hard numbers tells why Canadian unconventional natural gas is forced to rely on elusive Asian exports of liquefied natural gas (LNG) to thaw out drilling prospects.
Canada’s Shales More Costly than Those in U.S.
A small handful of cold, hard numbers tells why Canadian shale gas is forced to rely on elusive Asian exports of liquefied natural gas (LNG) to thaw out drilling prospects
North Dakota Turns Corner on Flaring, Officials Say
When considering the increased rate that wells are getting connected to gathering pipeline systems, North Dakota is “turning the corner” on the volumes of natural gas flaring despite the relatively high percentage of associated gas that is still being burned at the wellhead, state officials told NGI’s Shale Daily.
‘Everybody’s Hesitating’ in North American Onshore, Says NOV Exec
National Oilwell Varco Inc. (NOV), the largest oilfield equipment supplier in North America, beat profit forecasts in 3Q2012 on solid demand in the deepwater and overseas, but the U.S. land drilling market has stalled, executives said Thursday.
EIA: Domestic Natural Gas Production Jumped 1.74 Tcf in 2011
Total gross withdrawals of domestic natural gas jumped to 28.58 Tcf in 2011, a 6.5% increase from 26.84 Tcf in 2010, and are on pace to easily surpass those numbers again this year, according to the U.S. Energy Information Administration’s Monthly Energy Review for September.
Chesapeake Blames Media, Then Withdraws Statement
A new investor presentation posted early Tuesday by Chesapeake Energy Corp. offered 32 pages of onshore production and financial numbers, as well as a full-page statement that opened the document with the headline, “It’s been a tough five weeks, but better days ahead.” By Tuesday afternoon the page, originally the second page of the 32-page presentation, had been deleted with no explanation.
Mississippian Lime Lifts Kansas Oil Output
Lifted by prices and successful well tests from an extension of the emerging Mississippian Lime play, oil production in Kansas rose last year, according to new estimates by the Kansas Geological Survey at the University of Kansas. Natural gas production in 2011, however, declined by more than 6%.
Devon: Zero Dry Gas Drilling
Devon Energy Corp., which continues to be weighted to natural gas, said its embrace of North American liquids and oil lifted production to record numbers in the final three months of 2011.