America’s “shale revolution,” combined with increased Gulf of Mexico oil production, the potential for major deposits in the Arctic, and growth in tight and heavy oil, including oilsands, makes North America’s energy picture much brighter than it was not that long ago, Royal Dutch Shell plc CEO Peter Voser said recently at the Chief Executives Club of Boston.
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Bakken-Fueled Continental Aiming to Triple Output, Reserves
Continental Resources Inc. has launched a growth plan to triple production and proved reserves between now and the end of 2017, largely from its leading Bakken Shale position, but also with gains from other onshore holdings, including a discovery in the southwest corner of Oklahoma.
October 10, 2012
EIA Data Shows Shale Gas Development Helped Break Records in 2011
The U.S. Energy Information Administration (EIA) said the nation set new records for natural gas gross withdrawals, onshore production and the number of producing wells, figures that were boosted in part by shale gas development. Records were also set in domestic consumption, exports and dry and marketed production.
September 28, 2012
Stripper Well Consortium Funding Extended
The Stripper Well Consortium (SWC), which has transferred technology developed for major energy companies to small, independent oil and gas operators for nine years, was extended to 2015 by the U.S. Department of Energy (DOE).
June 24, 2010
Shenandoah Energy Plan Pays Off for Chevron
A deal reached last year that transferred all of Chevron’s oiland gas assets in Utah’s Uinta Basin to the newly formed ShenandoahEnergy (SEI) in exchange for an equity ownership interest is payingoff big time for the energy giant, said Chevron North AmericaPresident George L. Kirkland.
July 17, 2000
Shenandoah Pays Off in Chevron Equity Deal
A deal reached last year that transferred all of Chevron’s oiland gas assets in Utah’s Uinta Basin to the newly formed ShenandoahEnergy (SEI) in exchange for an equity ownership interest is payingoff big time for the energy giant, said Chevron North AmericaPresident George L. Kirkland.
July 13, 2000
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