Chesapeake Energy will sell assets in the southern Marcellus Shale and a portion of the eastern Utica Shale in West Virginia to Southwestern Energy Company for $5.375 billion. The move is being described as the company's biggest ever divestment. read more ..
CMS held a shale gas workshop at its London offices on Tuesday where partners as well as other experts spoke on the key issues facing shale exploration and extraction in the UK today. read more ..
By ramping up cost-effective investments in renewable energy and energy efficiency the European Union can cut its dependency on natural gas imports in half, according to new analysis. read more ..
Scientists have developed new geochemical tracers that can identify hydraulic fracturing flowback fluids that have been spilled or released into the environment. They have been field-tested at a spill site in West Virginia and downstream from an oil and gas brine wastewater treatment plant in Pennsylvania.
Paul Rankine, CEO said: “We are delighted by the news that our LMO permit was tentatively approved. We have successfully reached the first major milestone in the environmental permitting approval process."
Oil production from shale formations in North Dakota and Texas increased by 55,000 barrels per day, or 2.1%, in September, according to Bentek Energy.
“This project will enable Chicago-area markets to diversify their gas supply portfolios and access additional prolific gas production from the Utica and Marcellus shale areas,” said Kinder Morgan Natural Gas Pipelines Central Region President David Devine.
Breitling Energy CEO Chris Faulkner said at a conference that “Mexico is an extension of the Eagle Ford shale, so what you see going on in South Texas could happen in Mexico."
The aim is to collect data, develop and validate quantitative risk assessment methodologies and outline risk management strategies that can be widely accepted by all relevant parties.
While Marcellus and Utica shale development provided challenges in the Appalachian Basin, the webinar will look at how they compare to growth in the Bakken fields in North Dakota.
According to a new study titled 'Transportation, Water Treatment, and Multiphase Pumping Segments Drive Short-term Growth', the United States is at the cusp of an energy revolution triggered by the shale gas boom and intensified by the tight oil boom.
Marcellus shale development in Pennsylvania, Maryland, West Virginia, and Ohio “has been a strong engine of job growth” in the local construction industries in those states, according to a new study commissioned by the Oil and Natural Gas Industry Labor-Management Committee.
The increased liquids production reflects the use of advanced drilling methods, including hydraulic fracturing and horizontal drilling. These techniques have led to higher production in areas such as the Bakken and Marcellus regions.
Shale drillers must overcome image issues and endeavors to raise charges in the event that they need to grab a chance to make Pennsylvania a long term energy center, analyst and administrators recently at an event in Pittsburgh.
Regulatory support in the form of tax benefits and financial incentives, particularly in North America and Asia Pacific, is expected to drive the global hydraulic fracturing market over the next six years, according to a new study by Grand View Research
Carefully extracted shale gas could play an important role in powering the recycling sector of the circular economy, supplemented by 'renewable gas' harvested from landfills and the anaerobic digestion of food and farm waste, a report states.
The British Geological Survey has identified significant shale gas and oil resources in this area via the recent Midland Valley of Scotland report. The key objective of the first phase of appraisal is to determine whether these resources can be economically extracted.
California-based Chevron has announced a partial sale of its interest in Canadian oil shale holding to Kuwait’s state-owned oil company for $1.5 billion as it works towards its plan to divest $10 billion worth of assets by 2017.