Asserting that a complete moratorium on shale exploration “would limit the potential” for research, the government of the Canadian province of New Brunswick said Tuesday it intends to continue to identify and act on the opportunity for greater scientific work to be done relating to shale gas exploration.
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Despite weak prices, there is “significant upside optionality” to natural gas, according to a Credit Suisse analyst.
Ten years ago the Permian Basin, first drilled nearly a century ago, was considered passe for oil and gas exploration. Today, however, a new generation of explorers and midstream operators has made the basin one of the hottest tickets on the reservoir circuit and there are no signs that the lights will be dimming anytime soon.
Irish ex patriot journalist/filmmakers Ann McElhinney and Phelim McAleer call their project “the film that will tell the truth about fracking,” on their website, which includes the slogan, “There are two sides to every story, and then there is the truth.”
Laser Northeast Gathering Co. LLC’s wait to learn whether it can construct a gas gathering pipeline with “public utility” status in the heart of Pennsylvania’s Marcellus Shale country was extended Thursday when the Pennsylvania Public Utilities Commission (PUC) voted to remand the case to an administrative law judge (ALJ).
Companies that missed out on the first round of leasing in the Eagle Ford Shale in South Texas that began in 2008 will have another chance as some of those leases will be expiring in the coming months, an industry analyst said recently.
Landmen headed for the Eagle Ford Shale, you’re too late. Engineers need to hurry. And beancounters, your day is coming. The Eagle Ford is the hottest thing in South Texas, but like the unconventional plays that came before, it too will have its seasons.