“Since 2009, Public Service Electric and Gas's residential customers have benefitted from steady reductions in the cost of natural gas,” said a spokesperson. “We’re able to provide additional savings this winter given the continued availability of low-cost gas from the nearby Marcellus Shale Formation in Pennsylvania." read more ..
The Senate Environment and Public Works Committee Republicans released a report, which claims to "uncover the truth behind the science and economic benefits of hydraulic fracturing and exposes the depths of the Obama administration's war on oil and natural gas development." read more ..
The rise of US oil production, as a result of shale plays, has moderated global oil prices and saved markets from price increases linked to Middle Eastern supply disruptions, according to a Fitch Ratings presentation. read more ..
Despite a federal ban on the use of diesel fuel in hydraulic fracturing without a permit, several oil and gas companies are exploiting a Safe Drinking Water Act loophole pushed through by Halliburton to frack with petroleum-based products containing even more dangerous toxic chemicals than diesel.
"Over the last seven years, the US has added 3 million barrels per day of tight oil and 27.5 billion cubic feet per day of shale gas to the global energy mix, a spectacular 42% increase in US oil and gas production, " explained James Brick, Senior Analyst
The Department of Environmental Protection has fined Regency Marcellus Gas Gathering $306,570 for multiple violations of laws and state regulations during the construction of two natural gas pipelines in 2012 and 2013.
Oklahoma-based Devon Energy is the latest of a series of operators to start sharing key technical, time and cost performance data on the drilling, completions and fracking operations of their shale and tight reservoir wells.
Baker Hughes has made pink fracking drill bits in order to raise awareness of breast cancer. However, this is controversial as some say fracking exposes people to endocrine disruptors and carcinogenic chemicals, that are linked to breast cancer.
AGL has also funded an independent water scientist for Gloucester Council to oversee its work and initiated an emissions monitoring programme which will measure methane levels before, during and after hydraulic fracturing.
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.
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.
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.
“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.
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.