ShaleBlog.com

Hydraulic Fracturing Banned in Vermont

admin — Thu, 17 May 2012 14:33:40 +0000

Although Vermont is one of the last places that might be drilled for oil or natural gas, Governor Peter Shumlin signed a bill that will ban hydraulic fracturing.

At the same time a bill in the North Carolina legislature would legalize hydraulic fracturing.

Anadarko: 20 Tcf of Gas Offshore Mozambique

admin — Wed, 16 May 2012 18:45:46 +0000

Anadarko Petroleum Corporation has discovered a major gas field in the Indian Ocean off the coast of Mozambique.

Shale Gas Write-Downs?

admin — Wed, 16 May 2012 13:16:20 +0000

Falling natural gas prices have reduced the value of acreage acquired with the intention of producing natural gas. Some companies could decide to write-down the value of those assets in their accounting statements.

Worthless Marcellus Leases in New York

admin — Tue, 15 May 2012 16:15:18 +0000

After a long moratorium on Marcellus Shale drilling in New York, a variety of proposed regulations and local bans on drilling could render millions of leased acres as worthless.

Ohio Shale Oil and Natural Gas

admin — Tue, 15 May 2012 14:53:30 +0000

Jack Gerard of the American Petroleum Institute comments on opportunities for oil and natural gas production from shales in Ohio.

Ukraine Shale Gas

admin — Tue, 15 May 2012 13:48:41 +0000

Royal Dutch Shell and Chevron may receive rights to develop shale gas fields in Ukraine. The country currently imports most of its natural gas from Russia.

Australia: 390 Trillion Cubic Feet of Natural Gas

admin — Mon, 14 May 2012 13:49:28 +0000

A study done by Geoscience Australia estimates Australia’s natural gas resource at about 390 trillion cubic feet. The country’s offshore resources is being aggressively developed by projects that are expected to produce LNG that will be exported to Asia.

Diesel Fuel from Natural Gas?

admin — Thu, 10 May 2012 14:32:28 +0000

Shell has a plant in Qatar that converts natural gas into liquid products such as diesel fuel.

Impact of Human Noise on Plants?

admin — Thu, 10 May 2012 12:02:13 +0000

Researchers monitored the response of wildlife and plants in parts of New Mexico where there is significant human activity and noise related to natural gas production.

Oil On My Shoes

admin — Wed, 09 May 2012 16:31:07 +0000

The Oil On My Shoes website provides an introduction to petroleum geology and information about career opportunities in the oil and gas industry. Check it out.

3700 Gas Wells in Utah?

admin — Wed, 09 May 2012 14:57:59 +0000

Anadarko Petroleum plans to develop a natural gas field in the Greater Natural Buttes area of Utah that will involve drilling about 3700 wells.

3700 Gas Wells in Utah?

admin — Wed, 09 May 2012 14:57:59 +0000

Anadarko Petroleum plans to develop a natural gas field in the Greater Natural Buttes area of Utah that will involve drilling about 3700 wells.

Coal Power Generation to Fall 15%

admin — Wed, 09 May 2012 12:05:02 +0000

The Energy Information Administration expects electricity generation from coal to decline by about 15 percent in 2012 as generation from natural gas increases by about 24 percent.

Natural Gas Record in Power Generation

admin — Tue, 08 May 2012 20:44:03 +0000

Power companies are using record amounts of natural gas to produce electricity. In February 2012, 34% more gas was used than in February 2011. Even with that level of use, natural gas prices remain low.

1,000,000 Jobs from Shale Gas?

admin — Tue, 08 May 2012 15:25:43 +0000

PricewaterhouseCoopers has released a study titled: “Shale Gas: A renaissance in US manufacturing?”. Here is a quote from the study…

“Lower feedstock and energy costs from shale gas could help US manufacturers [...] employ approximately one million more workers by 2025.”