Technology

Wyoming and other states are being proactive in ensuring safety and environmental compliance in the energy production ongoing in their jurisdictions, including the use of hydraulic fracturing (fracking) in the shale gas production areas, Wyoming Gov. Matt Mead reiterated Wednesday at a news conference in which he answered questions related to a letter he and 16 other Republican governors sent earlier in the month to President Obama.

Technology advances have driven the shale boom and the industry’s ability to analyze markets, but it isn’t any easier to answer the question of how long abundant supplies and low prices will characterize the natural gas industry. That was one of conclusions from three experts on a panel at the LDC Forum: Rockies & West conference on Tuesday in Los Angeles.

Technology advances have driven the shale boom and the industry’s ability to analyze markets, but it isn’t any easier to answer the question of how long abundant supplies and low prices will characterize the natural gas industry. That was one of conclusions from three experts on a panel at the LDC Gas Forum: Rockies & West conference last Tuesday in Los Angeles.

Technology advances have driven the shale boom and the industry’s ability to analyze markets, but it isn’t any easier to answer the question of how long abundant supplies and low prices will characterize the natural gas industry. That was one of conclusions from three experts on a panel at the LDC Forum: Rockies & West conference on Tuesday in Los Angeles.

In what’s become a larger-than-life drama, natural gas is the energy growth engine for the next 20 years, and hydraulic fracturing in North America is the driver, according to ExxonMobil’s Paul Greenwood, vice president for Americas gas marketing, in keynote remarks at a gas industry meeting in Los Angeles Tuesday.

Light-duty vehicle deals may follow recent announcement of conversion of Ford Motor Co. pickup trucks to natural gas fuel.

Royal Dutch Shell plc and Ukraine’s state-owned oil company Naftogaz Ukrainy appear poised to clinch a deal to develop and explore shale gas in the eastern European country, with Shell initially investing about $800 million for exploration and production (E&P), according to a top Ukrainian official.

A “consensus playbook” is calling for the U.S. natural gas supply curve to flatten over the coming months, but improved drilling and completion technology and a backlog of wells waiting for pipeline connections in the onshore shale plays indicate that growth won’t stall anytime soon, analysts with Raymond James & Associates Inc. said Monday.

Researchers with the Massachusetts Institute of Technology Energy Initiative (MITEI) say natural gas has a bright future, but they said the government needs to be more involved and industry needs to remain vigilant over potential — but so far unrealized — environmental disasters.