Situation

Harvard Researcher Sees U.S. as Largest Oil Producer by 2017

Harvard Researcher Sees U.S. as Largest Oil Producer by 2017

The United States could produce 5 million b/d from shale oil deposits by 2017 and may become the world’s largest oil producer — reaching up to 16 million b/d in just a few years by combining shale with conventional oil, liquefied natural gas (LNG) and biofuels, according to a researcher at Harvard Kennedy School.

July 19, 2013

Conservancy Group Advocating Cooperation in Utica Shale

The head of the Western Reserve Land Conservancy (WRLC) said the organization is not opposed to Utica Shale development and hydraulic fracturing (fracking), but wants to see the industry, landowners and other stakeholders come to an agreement over developing eastern Ohio’s portion of the play.

July 16, 2013

Pennsylvania, Shell Officials Say Due Diligence Continuing on Cracker

Contrary to a media report, there is no time frame for when a subsidiary of Royal Dutch Shell plc will make a decision over whether to build a proposed “world scale” ethane cracker in western Pennsylvania, state and company officials told NGI’s Shale Daily.

April 30, 2013

Safety of Marcellus Shale Gathering Lines to Be Federally Regulated?

The federal government is considering the possibility of regulating the safety of gathering lines that serve the Marcellus Shale play in Pennsylvania, the head of the Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) told a Senate panel Monday.

January 30, 2013

PwC: Shale Gas Transforming U.S. Chemicals Industry

The shale natural gas market in North America is helping to revamp the U.S. chemicals industry and may benefit a variety of other manufacturing sectors through lower costs for raw materials and energy, according to a report issued on Tuesday by PwC US.

October 10, 2012

Cabot Hits Record Output in Marcellus

Cabot Oil & Gas Corp. announced Tuesday that its gross production in the Marcellus Shale has averaged more than 700 MMcf/d for the last two weeks, hitting a record 752 MMcf for one 24-hour period.

September 6, 2012

Societe Generale: More Bears in Sight for U.S. Gas Markets

The U.S. natural gas supply situation remained bearish at the end of March, despite “historic lows” in Canadian imports and the dry gas Haynesville Shale continuing to lose popularity among exploration and production (E&P) players, according to a review by Societe Generale’s Laurent Key and Stephanie Aymes.

April 9, 2012

Societe Generale: More Bears in Sight for U.S. Gas Markets

The U.S. natural gas supply situation remained bearish at the end of March, despite “historic lows” in Canadian imports and the dry gas Haynesville Shale continuing to lose popularity among exploration and production (E&P) players, according to a review by Societe Generale’s Laurent Key and Stephanie Aymes.

April 9, 2012

The Next NGL Problem in Marcellus: Propane

With the Marcellus and Utica shale ethane situation under control for the moment, propane is becoming the next natural gas liquid (NGL) to trouble producers in Appalachia.

March 27, 2012

Pennsylvania DEP Returns to Site of Condensate Pipeline Leak

Inspectors with the Pennsylvania Department of Environmental Protection (DEP) returned to the site of a condensate leak in Washington County on Tuesday to take soil and water samples near a natural gas well owned by a Chevron Corp. subsidiary.

February 23, 2012
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