The Montney Shale will be scrutinized to explore the links between earthquakes and hydraulic fracturing during this winter’s natural gas drilling season in northeastern British Columbia (BC). A 14-square-mile grid of 36 seismic tremor detectors will trace geological effects of the horizontal well completion method at a drilling hot spot known as Tower Lake, southeast…
Tremors
Articles from Tremors
Fracking ‘Not Significant’ Cause of Tremors, Say UK Researchers
After studying hundreds of thousands of hydraulic fracturing (fracking) operations, the practice was determined to have caused noticeable tremors at the surface in only three cases and was “not a significant” source of earthquakes, according to researchers at UK’s Durham University.
Natural Gas Market Called a ‘Catch-22’ as Details Emerge on Bank’s Losses
With the industry is still awash in talk surrounding the Bank of Montreal’s (BMO) recent natural gas trading losses of C$350-450 million (US$313.70-403.33 million), the aftershocks and tremors continue to be felt by others in the industry, including Valhalla, NY-based brokerage Optionable Inc., which reportedly has been linked to the bank. Some market watchers in their analysis of the event have gone as far as calling the natural gas market a “Catch-22,” where you get in just as much trouble by hedging as not hedging.
Natural Gas Market Called a ‘Catch-22’ as Details Emerge on Bank’s Losses
With the industry is still awash in talk surrounding the Bank of Montreal’s (BMO) recent natural gas trading losses of C$350-450 million (US$313.70-403.33 million), the aftershocks and tremors continue to be felt by others in the industry (see related story), including Valhalla, NY-based brokerage Optionable Inc., which reportedly has been linked to the bank. Some market watchers in their analysis of the event have gone as far as calling the natural gas market a “Catch-22,” where you get in just as much trouble by hedging as not hedging.