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Gas Shales: November, 2009



 



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Adriatic Sea LNG Terminal


Monday, November 30th, 2009

An article on the Hydrocarbons-Technology.com website reports that GE Oil and Gas (a subsidiary of General Electric) is now operating an LNG terminal on an artificial island in the Adriatic Sea offshore of Italy.


Natural Gas in Electric Power Production


Sunday, November 29th, 2009

The Energy Information Administration’s monthly energy review has some charts with interesting data. The two below show how the consumption of natural gas as a fuel for the generation of electricity in the United States has grown over the past four decades and how the use of coal for electricity generation has also grown. Both of these increases were possible because the consumption of electricity has increased significantly.




Chinese Gas Shales


Saturday, November 28th, 2009

An article on the Gerson Lehrman Group website reports that PetroChina and Royal Dutch Shell have entered into a cooperative agreement to develop the gas shale resources of an area in southwestern China.


Shale Gas 25% of the US Production by 2025


Tuesday, November 24th, 2009

An article in the Houston Chronicle predicts that natural gas production from shale will account for 25% of the United States natural gas supply by 2025.


Delaware River LNG Terminal?


Thursday, November 12th, 2009

An article in CourierPostOnline.com reports that Hess LNG is considering construction of an LNG  facility on the Delaware River in Logan Township, New Jersey.  BP abandoned an attempt to site an LNG facility at this location in 2008 when Delaware regulators would not allow them to extend a dock across the state bound


IEA: World Energy Outlook


Wednesday, November 11th, 2009

The International Energy Agency has released their “World Energy Outlook“.  A few quotes….

“Whatever climate policies are introduced, natural gas is set to continue to play a bridging role in meeting the world’s sustainable energy needs.”

“As one of the consequences of the financial crisis, global energy use is set to fall this year… it will soon resume its upward trend if government policies don’t change… with demand increases by 40% between now and 2030.”

“A continuation of current trends in energy use puts the world on track for a rise in temperature of up to 6°C and poses serious threats to global energy security.”

“Containing climate change is possible but will require a profound transformation of the energy sector.”


Horizontal Drilling / Hydraulic Fracturing Video


Thursday, November 5th, 2009

The American Petroleum Institute has a video that explains and illustrates the horizontal drilling and hydraulic fracturing processes.  It includes information about  drilling, fracturing, equipment, materials and environmental concerns.   This is an excellent video from an authoritative source,


Oil and Gas Industry: Economic Impact


Thursday, November 5th, 2009

The American Petroleum Institute and PriceWaterhouseCoopers prepared a report titled: “The Economic Impacts of the Oil and Natural Gas Industry on the U.S. Economy: Employment, Labor Income and Value Added“.


Huge Haynesville Well: 31 Million Cubic Feet


Wednesday, November 4th, 2009

Devon Energy announced that one of their Haynesville Shale wells in East Texas had an initial flow of 31 million cubic feet of natural gas per day. This might be the highest initial flow from the Haynesville. Read more about the well at NASDAQ.com


Shale Gas is Transforming Energy Markets


Tuesday, November 3rd, 2009

The Wall Street Journal has an article titled: “America’s Natural Gas Revolution: A ‘shale gale’ of unconventional and abundant U.S. gas is transforming the energy market.”


API Guidance on Hydraulic Fracturing


Tuesday, November 3rd, 2009

The American Petroleum Institute has released a best practices document that explains methods of drilling and cementing for wells that will be hydraulically fractured. “API HF1, Hydraulic Fracturing Operations – Well Construction and Integrity Guideline.”


Chesapeake and the New York City Watershed


Sunday, November 1st, 2009

An article in the New York Times reports that Chesapeake Energy will not drill for the Marcellus Shale in the New York City watershed – there is plenty of gas elsewhere.


API Hydraulic Fracturing Video


Sunday, November 1st, 2009

The American Petroleum Institute has an excellent video that explains the horizontal drilling and hydraulic fracturing processes. It explains the drilling process, fracturing procedure, equipment, materials used and environmental concerns.

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