The shale gas and oil revolution has created a 20-year opportunity for technology and sustainable economic development, but to realize its full potential, the people who think about energy will have to adopt a new mindset, Joseph Stanislaw said in a new Deloitte whitepaper, in which he argues that shale resources should be a bridge to a lower-carbon future.
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Shales Are a Means, Not an End, Says CERA Co-Founder
The shale gas and oil revolution has created a 20-year opportunity for technology and sustainable economic development, but to realize its full potential, the people who think about energy will have to adopt a new mindset, Deloitte’s Joseph Stanislaw said in a new whitepaper, in which he argues that shale resources should be a bridge to a lower-carbon future.
Magnum Hunter Buying 51,500 Appalachian Acres
Magnum Hunter Resources Corp. unit Triad Hunter LLC has agreed to buy all of privately-held Viking International Resources Co. Inc. (Virco) for $106.7 million, picking up 51,500 net Appalachian Basin mineral acres in West Virginia and Ohio.
Range Beats 3Q Production Forecast, Writes Off Barnett
Boosted by activity in the Marcellus Shale and Mississippian Lime, Range Resources Inc. said Thursday it has beaten its 3Q2012 forecast for natural gas and natural gas liquids (NGL) production, with output up 47% year/year (y/y) and 10% sequentially.
CBO: Lifting of Drilling Ban Adds Minor Revenue, Output
The federal government would realize only a minor increase in gross oil and natural gas proceeds and production if all federal lands that are off-limits were immediately opened to leasing, according to a study by the Congressional Budget Office (CBO).
CBO: Lifting of Drilling Ban Would Add Little Revenue, Production
The federal government would realize only a minor increase in gross oil and natural gas proceeds and production if all federal lands that are off-limits were immediately opened to leasing, according to a study by the Congressional Budget Office (CBO).
In Response to Oil Shale Growth, Shell Considers Pipe Reversal
With oil production from domestic shale plays growing, a Royal Dutch Shell plc subsidiary is considering a plan to reverse flows on its Houma-to-Houston (Ho-Ho) system, which now runs from Houma, LA, to oil processing facilities east of Houston. Reversing the 22-inch diameter pipeline would enable more than 300,000 b/d of crude to be distributed across the Gulf Coast region, the company said.
Northwest Region Primed to Benefit from Gas Boom
Shale gas is already impacting the Northwest; the question is whether it can realize its full potential, said a regional gas industry trade group head.
E&Ps Entering Energy ‘Supercycle,’ Say Analysts
The U.S. exploration and production (E&P) sector has entered an energy “supercycle” as the market begins to realize the magnitude of “real” asset growth from the abundance of onshore reserves and the potential from liquids and natural gas shales, said FBR Capital Markets analysts last week.
E&Ps Entering Energy ‘Supercycle,’ Say Analysts
The U.S. exploration and production (E&P) sector has entered an energy “supercycle” as the market begins to realize the magnitude of “real” asset growth from the abundance of onshore reserves and the potential from liquids and natural gas shales, said FBR Capital Markets analysts.