It doesn’t sit in boardrooms, on academic panels or under the glare of television news cameras. Canada’s most-recent national energy debate is fueled by a substance buried deep underground, trapped within thick beds of drab-coloured sedimentary rock. Shale gas has, however, commanded the attention of oil prospectors in Western Canada, prompted an environmental review in [...]
The U.S. Environmental Protection Agency has proposed new regulations to reduce harmful air pollution from a controversial natural gas drilling technique hydraulic fracturing, or fracking, The Hill reports. The proposed regulations require reductions of smog-forming emissions at new or modified wells that are drilled using hydraulic fracturing, according to the report. “This administration has been [...]
The Associated Press reports. that the Arkansas Oil and Gas Commission has decided to close a well that is used to dispose of natural gas fluids and ban others from being drilled in a gas-rich area north of Conway, where hundreds of earthquakes have struck. The well is located between Greenbrier and Enola and is [...]
Baker Hughes has completed its first unconventional hydrocarbon shale hydraulic fracturing and stimulation project in Argentina for YPF in the Neuquén basin. The multistage fracturing operation was performed using over 12,000 hydraulic horsepower and a total fluid volume exceeding 7,000 cubic meters. Also, Baker Hughes provided coiled tubing services for the project. YPF is currently [...]
Shale gas is energy’s “game-changer”. According to Chris Weston, president and chief executive of UK based Centrica’s direct energy unit, this single source of energy has grown so much in North America that it is bigger than the UK’s entire gas production. Some experts believe shale gas will account for half of all North American [...]
Encana Corp. President and CEO Randy Eresman said in a conference call that the company expects to announce a joint venture deal and a midstream asset sale by year-end to replace the $5.4-billion partnership with PetroChina that collapsed last month. The company is likely to sign a JV deal on undeveloped acreage at Cutbank Ridge [...]
Peru’s government has approved an environmental impact study for expansion of a natural gas pipeline by Transportadora de Gas del Perú. The pipeline carries natural gas and natural gas liquids from the Camisea field in the Andean region of Cusco to the Peruvian coast. The expansion to cost nearly $600 million, will increase TGP’S transport [...]
Oil India Ltd., is seeking to buy shale gas assets in Canada, Argentina and Australia. Bloomberg reports that India’s second- biggest state-run oil producer has held initial talks with Calgary-based Americas Petrogas Inc. about acquiring the company’s shale gas fields in Argentina. A spokeman for Oil India and Americas Petrogas Chief Executive Officer Barclay Hambrook, [...]
Rising U.S. natural gas production from shale has weakened Russia’s ability to wield an “energy weapon” over its European customers, a U.S. study says. A report by the James A. Baker III Institute for Public Policy at Rice University titled “Shale Gas and U.S. National Security,” investigated the role that U.S. shale gas will play [...]
On July 10, The Denver Post published two side-by-side op-ed pieces on hydraulic fracturing. One by Dave McCurdy, president and CEO of the American Gas Association, argued that the natural gas extraction process has led to an energy revolution in the U.S., one that reduces the nation’s dependence on foreign energy, creates domestic jobs and [...]
