Shale

Potential U.S. NatGas Reserves, Boosted by Shale Gas Update, Hit Record 3,374 Tcf

Potential U.S. NatGas Reserves, Boosted by Shale Gas Update, Hit Record 3,374 Tcf

Potential natural gas reserves in the United States were an estimated 3,374 Tcf at the end of 2018, a record high, according to a biennial report conducted by the Potential Gas Committee (PGC).

September 11, 2019
Corridor’s Shale Development in New Brunswick Stalls on Environmental, Native Opposition

Corridor’s Shale Development in New Brunswick Stalls on Environmental, Native Opposition

Corridor Resources Inc.’s proposed C$70 million ($52 million) shale gas development campaign in New Brunswick has been thwarted by indigenous and environmental opposition against a rule change that has prevented recruiting partners and investors in the project, the company said in mid-year financial reports.

August 14, 2019
Natural Gas, Oil Production Increases to Reach 30th Consecutive Month in June, EIA Says

Natural Gas, Oil Production Increases to Reach 30th Consecutive Month in June, EIA Says

The long-standing, steady upward trend of natural gas and oil production increases out of the United States’ seven most prolific onshore unconventional plays will continue in June, with gas output surpassing 80 Bcf/d and oil nearing 8.50 million b/d, according to the U.S. Energy Information Administration (EIA).

May 13, 2019
CNX Plans to Stay Nimble in Case Natural Gas Outlook Improves

CNX Plans to Stay Nimble in Case Natural Gas Outlook Improves

CNX Resources Corp. on Thursday signaled a cautious approach for its operations this year, laying out a flexible plan for “minimum” activity that could increase if the outlook for natural gas improves in the coming months.

February 1, 2019

West Virginia Joins International Energy Coalition

West Virginia has been accepted as the 14th member of the Energy Council, an international nonpartisan legislative organization whose members are focused on a wide variety of energy-related issues.

October 8, 2018

Cuadrilla Given UK’s First Approval to Frack Wells

Cuadrilla Resources Ltd. said Tuesday it has been granted the first consent by the UK government to perform hydraulic fracturing (fracking) for an onshore horizontal natural gas well, with operations to begin by September.

July 24, 2018

Ineos Says New European Ethane Cracker to Benefit from U.S. Natural Gas

Global petrochemical giant Ineos said Tuesday it plans to invest more than $3 billion to build a world scale ethane cracker and propane dehydrogenation unit in northwest Europe to take better advantage of U.S. natural gas supplies.

July 5, 2018

CNPC Reportedly Plans to Double Shale Gas Production in 2018

China National Petroleum Corp. (CNPC), the largest state-owned producer of oil and natural gas in the country, reportedly plans to nearly double natural gas production from shale sources this year and wants a five-fold increase in such production by 2020.

June 28, 2018
Replication of U.S. Shale Revolution in Other Countries No Easy Feat

Replication of U.S. Shale Revolution in Other Countries No Easy Feat

The shale gale has been the driving force enabling the United States to shift from being dependent on foreign energy to becoming a net natural gas exporter, but don’t expect similar transformations in most other shale-rich countries any time soon, a group of officials from international companies said Wednesday.

June 28, 2018

ExxonMobil Opens Door to Qatar Joining Vaca Muerta Shale Rush

Qatar Petroleum (QP) on Monday snapped up its first significant international stakes in unconventional oil and natural gas resources in an agreement with ExxonMobil Corp. to become an equity holder in the Vaca Muerta formation onshore in Argentina’s Neuquén Basin.

June 4, 2018
1 3 4 5 6 7 93