Resource

Barnett Rocks Still Have Plenty of Gas

The Barnett Shale’s natural gas production potential is “slowly declining;” however, total resource recovery from the granddaddy of shale plays is expected to be three times what has been produced to date, according to research conducted by the Bureau of Economic Geology (BEG) at The University of Texas at Austin and funded by the Alfred P. Sloan Foundation.

March 4, 2013

Shale Gas, Liquids Growth Impacting Global Balances

The “reality and potential” of expanding natural gas and liquids from shale continues to have a dramatic impact on the regional and global balances for the two resource streams, PIRA Energy Group said in a new report. The energy consultant released its Annual Scenario Planning Guidebook in “the most uncertain economic environment in decades,” the New York City-based firm stated.

March 4, 2013

Barnett Rocks Still Have Plenty of Gas

The Barnett Shale’s natural gas production potential is “slowly declining;” however, total resource recovery from the granddaddy of shale plays is expected to be three times what has been produced to date, according to research conducted by the Bureau of Economic Geology (BEG) at The University of Texas at Austin and funded by the Alfred P. Sloan Foundation.

March 1, 2013
Study: Barnett Slowing But Not Nearly Done

Study: Barnett Slowing But Not Nearly Done

The Barnett Shale’s natural gas production potential is “slowly declining;” however, total resource recovery from the granddaddy of shale plays is expected to be three times what has been produced to date, according to research conducted by the Bureau of Economic Geology (BEG) at The University of Texas at Austin and funded by the Alfred P. Sloan Foundation.

March 1, 2013

Wyoming Bill Would Require Baseline Water Tests

A proposed Wyoming Senate bill (Senate File 157) that would require baseline groundwater testing by oil and natural gas operators before drilling begins has stirred up controversy, with industry officials questioning whether the law is needed.

January 28, 2013

Seneca Boasts Six ‘Most Productive Wells’ in the Marcellus

Seneca Resources Corp., the exploration and production subsidiary of National Fuel Gas Co., said Tuesday that six recently completed wells targeting the Marcellus Shale in Pennsylvania are among the most productive ever drilled in the play, according to initial test results.

January 23, 2013

No ‘New Normal’ Seen for U.S. Natural Gas Markets

Claims by natural gas bears of a “new normal” in U.S. markets because of the unconventional resource revolution aren’t supported by the underlying data, according to Morningstar analysts Mark P. Hanson and Jason Stevens.

January 21, 2013

Analyst: Variable U.S. Gas Shale Output Dispels ‘New Normal’

The U.S. natural gas market — and thus, long-term gas prices — won’t be upended because of the unconventional resource “revolution” because marginal costs ultimately determine gas prices, according to Morningstar.

January 16, 2013

No ‘New Normal’ for U.S. Natural Gas Markets, Says Morningstar

Claims by natural gas bears of a “new normal” in U.S. markets because of the unconventional resource revolution aren’t supported by the underlying data, according to Morningstar analysts Mark P. Hanson and Jason Stevens.

January 16, 2013

Energy Downplayed in Wyoming Governor’s Annual Speech

Wyoming Gov. Matt Mead spent little time discussing energy issues in his state-of-the-state speech Wednesday, but he did call out coal’s role in the resource-rich state, which has substantial natural gas and coal supplies.

January 10, 2013