Claudia Cattaneo of the National Post discusses why shale gas is the place to be: The Obama administration’s endorsement last week of shale gas as a major pillar of its made-in-America energy vision ensures a long-term future for the resource. The big question is: How does the North American sector survive today’s depressed market environment [...]
The Canadian Association of Petroleum Producers announced new Canada-wide hydraulic fracturing operating practices designed to improve water management and water and fluids reporting for shale gas and tight gas development across Canada. “The hydraulic fracturing operating practices demonstrate the Canadian natural gas industry’s continued efforts to ensure responsible resource development and protection of Canada’s water [...]
Just before the shale gas industry was blessed as good in the president’s State of the Union address last week, it admitted it was broke. The Wall Street maxim is that they never ring a bell at the top. However, on January 23, Chesapeake Energy did ring a bell at the bottom. The undoubted leader [...]
By Steve LeVine When someone invites you to a party but leaves before dessert, it might be time to locate your own coat and hat. Such are the suspicions generated by Chesapeake Energy, which after selling numerous billion-dollar pieces of its vast shale gas holdings to the world’s largest energy companies has abruptly announced that [...]
WASHINGTON — Just how much natural gas is trapped underground in the United States? The difficulty and uncertainty in predicting natural gas resources was underscored last week when the Energy Information Administration released a report containing sharply lower estimates. The agency estimated that there are 482 trillion cubic feet of shale gas in the United [...]
DIMOCK TWP. – Two teams of scientists sampling well water from four homes a day are producing a picture of the aquifer under this Susquehanna County town that will help define the impact of natural gas drilling on drinking water. The water captured in vials and packed in coolers by scientists and contractors for the [...]
The word is “fracking” is stirring a linguistic and political debate as controversial as what it defines. It’s not in the dictionary, the industry hates it, and President Barack Obama didn’t use it in his State of the Union speech — even as he praised federal subsidies for it. The word sounds nasty, and environmental [...]
Stephen Ewart, Calgary Herald’s Energy and Economics editor and columnist, delves into the communication uncertainty that plagues the hydraulic fracturing debate: As provincial authorities continue to investigate the blowout of an oil well in central Alberta that’s been linked to a nearby hydraulic fracturing operation, the incident appears to have been another case of bad [...]
Forbes decided to set the hydraulic fracking record straight by using facts, not playing on emotion like many of the frac-tivists do. To many walking the planet, fracking has a seriously bad reputation. Thanks to hyperbole and misinformation, fracking opponents have convinced a lot of people that the operators who drill and then hydraulically fracture [...]
Exxon Mobil Corp. and Americas Petrogas Inc. have “phenomenal” tight gas prospects in Argentina and expect “explosive” output growth in 5 years, said Guimar Vaca Coca, managing director of Americas Petrogas. Petrogas expects shale output of 10,000 barrels by 2017, Vaca Coca said in an interview in Buenos Aires today. The two companies are investing [...]
