Tapping

Tapping shale natural gas reserves — even when accounting for the challenges of hydraulic fracturing — is worth the risk, a majority of those polled told a recent survey. And eight out of 10 respondents said they link natural gas development with job creation and economic revival.

Tapping shale natural gas reserves — even when accounting for the challenges of hydraulic fracturing — is worth the risk, a majority of those polled told a recent survey. And eight out of 10 respondents said they link natural gas development with job creation and economic revival.

Halliburton Co.’s complex drilling technology, considered key in tapping into shale gas and oil basins, helped the oilfield services company to more than double earnings in the final quarter of 2010 from a year earlier, CEO Dave Lesar said Monday.

Evolving technology for tapping shale, coal and tight formations will eventually increase Canada’s recognized natural gas endowment about six-fold to an astronomical 4,000 Tcf, according to a new national inventory of deposits prepared for the Canadian Society for Unconventional Gas (CSUG).

Evolving technology for tapping shale, coal and tight formations will eventually increase Canada’s recognized natural gas endowment about six-fold to an astronomical 4,000 Tcf, according to a new national inventory of deposits prepared for the Canadian Society for Unconventional Gas (CSUG).

Alberta will remain a blank spot on the shale gas production map of North America until the provincial government overhauls unfavorable royalties, according to a study circulating in the industry capital of Calgary.

Alberta will remain a blank spot on the shale gas production map of North America until the provincial government overhauls unfavorable royalties, according to a study circulating in the industry capital of Calgary.

Alberta will remain a blank spot on the shale gas production map of North America until the provincial government overhauls unfavorable royalties, according to a study circulating in the industry capital of Calgary.

In formally tapping Sen. Ken Salazar (D-CO) for secretary of the Interior Department, President-elect Obama last Wednesday gave him the tough assignment of cleaning up the troubled agency whose image has been scarred by scandal during the past year. Salazar was the last pick to round out Obama’s energy and environmental team. Obama also moved quickly last week to unveil his financial regulatory team, selecting Gary Gensler, former undersecretary of the Treasury and partner at Goldman Sachs, as his nominee for chairman of the Commodity Futures Trading Commission (CFTC).