Shale Daily

Appalachia a Star in Record Resource Assessment

Appalachia a Star in Record Resource Assessment

The United States has 2,384 Tcf of technically recoverable natural gas, the Potential Gas Committee (PGC) and the American Gas Association (AGA) said Tuesday. That’s more reserves than the PGC has calculated in its 48-year history and beats the previous high seen in 2010 by 486 Tcf.

April 10, 2013

Aurora: Downspacing Sweetening Sugarkane Field

Australia-based and Eagle Ford-focused Aurora Oil & Gas Ltd. said a downspacing pilot on its non-operated acreage in the Eagle Ford’s Sugarkane Field is yielding strong results and the company is planning 40-acre spacing on its recently acquired operated acreage in the play.

April 10, 2013
Export of NGLs Will Bolster Gas Production, Analysts Say

Export of NGLs Will Bolster Gas Production, Analysts Say

Natural gas liquids (NGL) account for a significant portion of what many international organizations refer to as “oil production” from the United States, according to analysts from the Brookings Institution.

April 10, 2013

Military Jet Engines for Fracking Get Mixed Reaction

For industry and government officials in North Dakota hungry for new ways to reduce the nearly 30% of the state’s associated natural gas that is flared, it is unclear if an innovative approach from a Louisiana-based oil/gas field services firm using converted military helicopter jet engines will prove to be a panacea anytime soon.

April 10, 2013

Moniz: Fracking Natural Gas Provides Bridge to Zero-Carbon Future

Department of Energy (DOE) Secretary-designate Ernest J. Moniz fielded questions about his position on hydraulic fracturing (fracking), natural gas exports and climate change during his confirmation hearing Tuesday before the Senate Energy and Natural Resources Committee.

April 10, 2013

NuVista Taking Montney Midstream Capacity

Canadian midstream operator Keyera Corp. has agreed to transport and process the Wapiti Montney condensate-rich natural gas production of NuVista Energy Ltd.

April 10, 2013

OSHA Investigating West Texas Oil Well Blowout

Two workers were killed and three others hospitalized Friday morning in an oil well blowout in the Bone Spring tight sands formation in West Texas, near Barstow.

April 10, 2013

Boost Natural Gas Use, ‘Kiss OPEC Goodbye,’ Says Hofmeister

Developing domestic gas resources could boost gross domestic product by 5% a year for the next 40 years, creating more jobs and powering the economy, says a former Shell Oil Co. chief.

April 9, 2013

Carrizo Resumes Operations at Pennsylvania Well That Malfunctioned

The Pennsylvania Department of Environmental Protection (DEP) has given Carrizo Oil & Gas Inc. permission to resume hydraulic fracturing (fracking) operations at a natural gas well in Wyoming County that malfunctioned last month.

April 9, 2013
Higher U.S. Natural Gas Forecasts Coalesce

Higher U.S. Natural Gas Forecasts Coalesce

Six energy prognosticators over the past week have raised their outlooks for domestic natural gas prices this year, with one indicating that $4.50/MMBtu this summer is “on the table” based on a colder-than-expected end to winter and slowing production in major onshore basins.

April 9, 2013