Purdue University researchers Wally Tyner and Farzad Taheripour estimate that shale technologies annually provide an extra $302 billion to the US economy relative to 2007, a yearly "dividend" that could continue for at least the next two decades. read more ..
Amelia's President, Kirk Barrell, said, "With the play continuing to be derisked, this focused package of leases on the eastern side of the play presents a new player an excellent opportunity to quickly commence a drilling programme." read more ..
Steven Karabin, President and CEO of The Rhino Group, will provide an overview of dry and wet natural gas, the byproducts obtained from wet gas, and the natural gas processing operations.
According to Bob Keiller, CEO: “We have seen strong performance in our PSN Production Services activities in the US shale market, offset by an anticipated lower contribution from upstream engineering and weaker than expected performance in our turbine activities."
Campaigners from the Reclaim the Power camp at Blackpool superglued themselves to the Department of Environment, Food and Rural Affairs building in London, following the release of a government fracking report.
The US Securities and Exchange Commission has said that Chimera misled investors to believe the company was on the brink of developing revolutionary technology to enable environmentally friendly oil and gas production.
Kamlesh Parmar, Chief Executive of 3Legs Resources, said: “The Lublewo LEP-1ST1H lateral well is a key milestone in our exploration programme in Poland and we are very pleased to announce that this well has now been put on long term test."
EnLink Midstream will construct a 45-mile, eight inch condensate pipeline and six natural gas compression and condensate stabilisation facilities that will service major producer customers in the Utica Shale, including Eclipse Resources.
According to YPF CEO Miguel Galuccio: “I am very excited with this discovery that proves that Vaca Muerta and Chubut’s D-129 formation aren’t the only shale deposits we have to exploit in Argentina.”
Capstone Turbine, clean technology manufacturer of microturbine energy systems, has announced a follow-on order for an additional six C600s totaling 3.6 megawatts from an independent exploration and production company operating in the Marcellus and Utica Shale plays.
The Department of Environmental Protection has fined Southwestern Energy Production $128,031 for drilling five Marcellus shale natural gas wells after drilling permits had expired.
The illegal injection of diesel fuel during hydraulic fracturing has continued over the last four years, despite repeated denials by the drilling industry, according to a report by the Environmental Integrity Project.
Royal Dutch Shell will exit its Pinedale and Haynesville onshore gas assets in exchange for approximately $2.1 billion. At the same time it is also acquiring 155,000 net acres in the Marcellus and Utica Shale areas.
The Utica Region in eastern Ohio, one of the fastest growing natural gas production areas in the United States, has been added to the EIA's Drilling Productivity Report.
Columbia Pipeline Group will be investing $1.75 billion in infrastructure that will enable it to transport up to 1.5 billion cubic feet per day (Bcf/D) of natural gas from Marcellus and Utica production areas to markets served by its pipeline systems.
“The acquisitions of the Gonzales County and Republic Midstream assets align with our initiative to continue expanding our midstream presence in the Eagle Ford shale,” said CEO Steve Bergstrom.
Ardent Resources will be acquiring 100% of the issued capital of Shale Energy Limited, an unlisted Australian public company with oil and gas production assets in North Dakota, US.