Outcomes

A wide variety of outcomes are possible when contemplating the likelihood that an oil or natural gas injection well could increase the chance of seismic activity, including the possibility of not operating the well at all, according to a draft report by a U.S. Environmental Protection Agency’s (EPA) workgroup.

U.S. shale natural gas resources have the potential to ignite a domestic manufacturing “renaissance” that could create one million jobs and billions in energy cost savings, according to a new report by industry consultant PwC US.

The world shale gas industry has undergone big changes industrywide in just a year’s time and it still faces a “period of great uncertainty and policy challenges,” an energy expert said Tuesday.

A study commissioned by the state of Alaska paints a picture of rising costs in North American shale gas plays and higher gas prices in the years ahead that lend support to the case for a gas pipeline from the state’s North Slope to serve Lower 48 markets.