U.S. onshore horizontal drilling has improved steadily across every category, in part because of improvements in technology, but the “human experience factor” appears to be playing a substantial role as well in moving well times and depth curves to the left, according to an analysis by Tudor, Pickering, Holt & Co. (TPH).
Articles from Steadily
The election may have left the balance of power in Washington basically unchanged, but the lame duck Congress, which convened this week, may turn out to be not so lame, and the outlook for natural gas interests on Capitol Hill is good, according to Regina Hopper, CEO of America’s Natural Gas Alliance (ANGA).
After more than a century of production from conventional pools, astronomical volumes still await the new methods of extracting natural gas and oil from Alberta’s shale, according to provincial earth scientists.
The U.S. energy outlook is “fundamentally changed” because of the revolution in unconventional natural gas and oil production, generating strong job creation, economic growth and government revenues, IHS Inc. said Tuesday.
A panel of outside experts that will help conduct a health impact analysis of high-volume hydraulic fracturing (HVHF) in New York are not yet under contract, Department of Environmental Conservation (DEC) Commissioner Joseph Martens said Friday.
With rig counts, prices and liquids all moving up, the incidence of natural gas flaring in the Bakken Shale play is expected to continue to decline throughout this year, the head of the North Dakota Petroleum Council, Ron Ness, told NGI’s Shale Daily Wednesday, responding to questions about a report on the state’s record-setting oil/gas operations from the state Department of Mineral Resources (DMR).
A new investor presentation posted early Tuesday by Chesapeake Energy Corp. included a full-page statement by the company with the headline, “It’s been a tough five weeks, but better days ahead.” By Tuesday afternoon, the statement, originally the second page of the 32-page presentation, had been deleted with no explanation by the company.
Even with a continuing slow recovery in the regional economy, natural gas demand is expected to grow steadily at just under 1% annually during the next 10 years, with gas used for power generation expected to lead the growth, according to the 2012 Gas Outlook released Saturday by the Northwest Gas Association (NWGA).