by K. Crowley et al., June 29 2018, in Bloomberg
To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less.
That’s the message being delivered by the world’s biggest energy companies at the World Gas Conference in Washington this week, where they championed natural gas as the fuel of the future, rather than one that simply bridges the gap toward renewables. …
by Charlie Passut, June 28, 2018 in NGI’sShaleDaily
China National Petroleum Corp. (CNPC), the largest state-owned producer of oil and natural gas in the country, reportedly plans to nearly double natural gas production from shale sources this year and wants a five-fold increase in such production by 2020.
CNPC said it plans to produce 5.6 billion cubic meters (bcm) (197.8 Bcf) of natural gas from unconventional sources in southwestern Sichuan province in 2018, according to a report Tuesday by Caixin Media Co. Ltd., a Beijing-based news service. The company reportedly plans to drill more than 330 new wells targeting the Sichuan Basin in 2018, and wants to have more than 820 shale gas wells in operation by 2020, with total annual production of 15 bcm (529.7 Bcf). …
by Ernest Scheyder, June 27, 2018 in Reuters
WASHINGTON (Reuters) – Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical influence of other energy exporters such as Russia, industry executives and government officials said at a conference here.
Already the world’s largest gas producer, the United States can expand shale gas output another 60 percent in the coming decades, according to at least one estimate. So far, liquefied natural gas (LNG) has been spared from retaliatory tariffs in U.S. President Donald Trump’s intensifying trade conflicts with China and other countries. …
by Robert Tuttle, June 26, 2018 in Bloomberg
While U.S. drillers deploy more rigs than any time since 2015 amid a fracking surge in the Permian Basin, companies including ConocoPhillips, Royal Dutch Shell Plc and Equinor ASA have sold operations or pulled out of Canada’s oil sands, the world’s third largest source of crude reserves.
by BBC, May 21, 2018
The well has been drilled through the Lower Bowland shale at a depth of approximately 2,700m (8,860 ft) below ground and extends laterally 800m (2,620 ft).
Francis Egan, chief executive officer of Cuadrilla, said the government’s recent announcement underlined the “national importance of shale gas”.
“We are now very close to demonstrating that Lancashire shale gas can be commercially developed in a safe and environmentally responsible manner.”
The firm said drilling on a second horizontal shale gas exploration well at the site is due to be complete soon when it will lodge a second fracking application.
It said it expects to start fracking both wells later this year.
See also: South Africa to speed up shale gas exploration applications
by Pavol Szalai, May 21, 2018 in Euractiv
There is a strong possibility that Poland will build a floating Liquefied Natural Gas (LNG) terminal in Gdańsk, according to Fred H. Hutchison, who says “a lot of gas” can come to Central European markets this way.
Fred H. Hutchison is president and CEO of LNG Allies, an industry association working to expedite and maximise US exports of liquefied natural gas (LNG). In Bratislava, Hutchinson gave a speech at the Energy Committee of the American Chamber of Commerce.
Imports of natural gas from Russia have increased over the years and represented 34% of EU’s supply in 2016 according to ACER. Given the cheap price of Russian gas, do you see a window of opportunity for Amercian LNG on the European market?
by J. Summers and S. Tobben, April 24, 2018 in BloombergMarkets
The Permian shale play is all about setting records. Now, the region may even become the world’s largest oil patch over the next decade.
Output in the basin is forecast to reach 3.18 million barrels a day in May, according to the Energy Information Administration. That’s the highest since the agency began compiling records in 2007. By 2023, the basin may produce 4 million barrels a day, according to the International Energy Agency. The Ghawar field in Saudi Arabia is currently the world’s biggest oil field, with capacity of 5.8 million barrels a day, according to a 2017 EIA report.
by Energy Voice, April 17, 2018 in GWPF
Chinese shale gas production will almost double between now and 2020, energy consultancy Wood Mackenzie (Woodmac) has predicted.
by P. Homewood, April 17, 2018 in NotaLotofPeopleKnowThat
I was at the Mall last weekend, and came across this local anti fracking group holding some sort of a workshop.
One wonders if they realise where the energy they use every day comes from?
by Shane Hoover, April 4, 2018 in Inde.Online.com
Utica Midstream conference gives update on Utica Shale production and development.
NORTH CANTON Ohio has produced more natural gas than it uses since early 2015. Driven by prolific Utica Shale wells, the state produced a record 1.7 trillion cubic feet of natural gas last year.
Much of the regional economic development around that production has been in the form of pipelines and processing facilities.
Two interstate natural gas pipelines — Energy Transfer’s Rover project and the NEXUS Gas Transmission pipeline — cross Stark and neighboring counties.
by Climate Science, April 8, 2018
As the U.K. celebrates its final year as part of the European Union, it is standing on the brink of a major boost to its economy and prosperity as it awaits the first economic benefit from its rich oil and gas shales (…)
by P. Homewood, April 8, 2018 in NotaLotofPeopleKnowThat
Bit by bit, some reality appears to be intruding into the make believe world of the Climate Change Act:
No credible scenario’ exists for hitting the UK’s 2050 decarbonisation targets without continued reliance on gas, the National Grid has warned.
In a new report, entitled The Future of Gas: How gas can support a low carbon future’, the grid says that it is not feasible to switch over to electric heating on the scale required to reduce greenhouse gas emissions to 80 per cent of 1990 levels by the middle of this century.
by M. Bastach, March 19, 2018 in TheDailyCaller
U.S. exported more natural gas in 2017 than it imported for the first time in 60 years, according to the Energy Department.
Natural gas production has boomed in recent years, particularly in Pennsylvania and other parts of Appalachia, thanks to hydraulic fracturing or fracking and horizontal drilling. The boom has offset Canadian imports and allowed U.S. companies to ship more fuel abroad.
by L’essentiel, 18 mars 2018
Grâce à une production de pétrole en plein boom, les États-Unis exportent désormais sans complexe leur or noir dans le monde, entraînant une refonte des infrastructures sur leur territoire et rebattant les cartes sur le marché mondial. En pompant actuellement plus de 10 millions de barils par jour, le pays est devenu le deuxième producteur de brut au monde, derrière la Russie et devant l’Arabie saoudite. Un essor lié aux nouvelles techniques permettant d’extraire à moindre coût du pétrole de schiste