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 [...]
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 [...]
As recently as 2001, the production of gas naturally occurring deep inside shale rock provided less than two percent of total U.S. natural gas production. Today, it is approaching 30 percent. As late as 2007, it was commonly assumed that the United States would be importing large amounts of liquefied natural gas from the Middle [...]
Thanks to new technology, the U.S. has become less dependent on petroleum imports from unstable countries. By Daniel Yergin Every president since Richard Nixon has called for energy independence. Nevertheless, U.S. reliance on imported oil long seemed to be headed in only one direction—up—and that pointed to inevitably increasing dependence on the huge resources of [...]
Encana Oil & Gas (USA) Inc., a subsidiary of Encana Corporation, strongly disagrees with the U.S. Environmental Protection Agency‘s (EPA) damning preliminary conclusions in its draft report related to the groundwater study in the Pavillion natural gas field of Wyoming. The EPA’s data from existing domestic water wells aligns with all previous testing done by [...]
J. Larry Nichols, executive chairman of Devon Energy, says hydraulic fracturing for natural gas is not responsible for Oklahoma earthquakes and has never contaminated groundwater. Nichols says that hydraulic fracturing has become like the Sputnik satellite launched by the Soviet Union in 1957 — the source to some of “every evil known to man,” including [...]
Shale gas enhancing energy supply, security Whether you call it revolution or evolution, one thing is clear: Shale natural gas is producing jobs and economic benefits across the nation. This week, shale gas was the focus of a major conference in Houston involving industry representatives, government officials and academics who gathered to discuss the technologies and [...]
Preliminary findings from the Energy Institute’s study released Wednesday suggest there is no link between the extraction operations and groundwater contamination, said the study’s leader, Charles “Chip” Groat, a UT geology professor. He noted that the dangers associated with shale gas drilling — which is accomplished by hydraulic fracturing, a process commonly known as fracking [...]
In late 1998, Chesapeake Energy Corp., an independent natural-gas producer based in Oklahoma City, exemplified an industry in decline. The company’s stock price had fallen over two years from above $34 a share to 75 cents. Its market value tumbled 93 percent, to $72 million. “They’re running up a down escalator,” Michael Spohn, an analyst at Petroleum Research Group, [...]
New York, which already has in place a rigorous permitting process for oil and gas drilling, has issued a revised environmental impact statement and proposed regulations that will govern high-volume hydraulic fracturing and horizontal drilling. The revised draft Supplemental Generic Environmental Impact Statement (SGEIS) was released on September 7 by the New York State Department [...]
