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New Twist on Fracking in California: ‘Acidization’

The leading California state lawmakers bird-dogging proposals to stiffen the state’s oversight of hydraulic fracturing (fracking) brought a new issue to the table — acidization to unlock Monterey Shale oil deposits — during a state Senate Natural Resources and Water Committee hearing last month in Sacramento .

July 18, 2013

Midland, TX, Office Tower to Sprout from Fertile Permian Basin

The skyline of Midland, TX (pop. 114,000) has a long way to go before it can rival those of Houston or Dallas, but the rebirth of the Permian Basin has sparked plans to develop what would be the sixth-tallest building in the Lone Star State.

July 17, 2013

With LNG Export, Fungibility is A Foil to Volatility

Those who worry that export of liquefied domestic natural gas will invite global oil price volatility into the U.S. gas market are forgetting about fungibility, Rice University energy fellow Ken Medlock said during a recent presentation.

July 15, 2013

NatGas Gasoline Pursued by New Jersey Start-Up

For those visionaries that want a clean transportation fuel without the additional vehicle and fueling infrastructure costs associated with natural gas vehicles, a small privately held New Jersey-based company, Primus Green Energy, wants to market natural gas-derived gasoline.

July 12, 2013
U.S. E&P Capital Plentiful, but Onshore Oil Still Top Target

U.S. E&P Capital Plentiful, but Onshore Oil Still Top Target

The capital markets for U.S. exploration and production (E&P) companies “appear wide open,” with most of the available funds likely to target onshore oil instead of natural gas through 2014, Barclays Capital analysts said on Wednesday.

July 12, 2013

NatGas Gasoline Fueling Research

For those visionaries that want a “clean” transportation fuel without the additional vehicle and fueling infrastructure costs associated with natural gas vehicles, small privately held New Jersey-based Primus Green Energy is working to market natural gas-derived gasoline.

July 8, 2013
Magnum Hunter Multi-Well Pad to Target Utica, Marcellus

Magnum Hunter Multi-Well Pad to Target Utica, Marcellus

A multi-pad drilling project to test Marcellus and Utica formations in southern Ohio may answer some of the lingering questions about the real resource potential of the Utica/Point Pleasant Shale, an analyst said Tuesday.

July 3, 2013

U.S. Oil, Gas Billionaires Like it On the Rocks

The U.S. oil and gas industry is riding high, and those who have the wherewithal and the talents are catching the wave with it, according to the latest Forbes Billionaires list.

July 1, 2013

Forbes U.S. Billionaires Prefer Shale

Any U.S. oil and gas wildcatter looking for a way to get on the Forbes annual Billionaires list might take a hint from some of the interests among those who made this year’s list, published Monday. They like oil and they like natural gas, and many of them especially like shale.

June 26, 2013

Fracking Bills Get Cold Shoulder in California

All but one of the proposals to address hydraulic fracturing (fracking), including all of those seeking moratoriums on the well stimulation practice, have bitten the dust in the California legislature. The lone bill standing (SB 4) is still awaiting committee referral in the lower house Assembly (see Shale Daily, June 3).

June 17, 2013
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