by Andy May, November 13, 2018 in WUWT
Popular accounts of shale oil and gas reservoirs are often riddled with errors and, even when technically correct, often misleading. As a shale petrophysicist, retired from Devon Energy, I thought I would try and explain, in a non-technical way, how these reservoirs work and why they have been so successful.
Figure 1. Major shale oil and gas plays in the United States. Source EIA.
by Liam Denning, November 1, 2018 in BloomberOpinion
The contrast between the success of the U.S. oil and gas industry and unpopularity in the stock market grows ever starker.
The Energy Information Administration released revised monthly figures for U.S. oil production on Thursday. The headline is that production is up — way, way up. It reached 11.35 million barrels a day in August, fully 2.1 million barrels a day higher than a year before. That’s almost like adding a whole new Mexico in the space of 12 months.
by Susann Twidale, November 2, 2018 in Reuters
LONDON (Reuters) – Cuadrilla extracted its first shale gas from its site in northwest England, it said on Friday, after it began fracking operations there just over two weeks ago.
Cuadrilla said the gas flows were small but coming at such an early stage of the project were evidence of the potential of the site.
“This is a good early indication of the gas potential that we have long talked about,” Cuadrilla Chief Executive Francis Egan said in an emailed statement.
by Andrew Montford, September 27, 2018 in GWPFbriefing34
The briefing, published by the Global Warming Policy Foundation, focuses on the output of the BBC and the Guardian, and outlines many examples of biased coverage.
However, it wasn’t always this way, as author Andrew Montford explains:
“When shale gas first came on the scene, coverage was very positive: gas was seen as a low-carbon alternative to coal. It was only when it looked as though it would price renewables out of the market that the scare stories and bias began”.
by A.J. Kondash et al., August 15, 2018 in ScienceAdvances
Unconventional oil and gas exploration in the United States has experienced a period of rapid growth, followed by several years of limited production due to falling and low natural gas and oil prices. Throughout this transition, the water use for hydraulic fracturing and wastewater production in major shale gas and oil production regions has increased; from 2011 to 2016, the water use per well increased up to 770%, while flowback and produced water volumes generated within the first year of production increased up to 1440%. The water-use intensity (that is, normalized to the energy production) increased ubiquitously in all U.S. shale basins during this transition period. The steady increase of the water footprint of hydraulic fracturing with time implies that future unconventional oil and gas operations will require larger volumes of water for hydraulic fracturing, which will result in larger produced oil and gas wastewater volumes.
by OilPrice.com, August 4, 2018 in GWPF
India’s cabinet approved on Wednesday a policy to allow companies to explore and exploit unconventional oil and gas resources such as shale oil and gas and coalbed methane under the existing production sharing contracts, as it aims to reduce its dependency on energy imports.
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.