Tagged With Shale
Marcellus production doubles in 2012
30 August 2012
The Marcellus is poised to become one of the largest producing natural gas fields in the US, with production doubling in the first half of the year
US tight oil to triple by 2020, Wood Mackenzie says
24 August 2012
US tight oil production is on the rise and will approach 4.1 million barrels per day (b/d) by 2020, with as yet unseen implications for global and domestic markets, energy consultancy Wood Mackenzie says
IEA sees North America unconventionals as global bridge
16 August 2012
Shale gas has transformed the North American market, and is now poised to lead the world into a lower carbon future
Shale gas development in Europe requires regulatory certainty
9 August 2012
A lack of regulatory clarity in Europe is hindering shale gas development
Sumitomo teams up with Devon in $1.4bn deal
2 August 2012
Japan’s Sumitomo Corporation has entered the North American natural gas market with a $1.4 billion partnership with Oklahoma City-based Devon Energy
NGLs price plunge forces a rethink
2 August 2012
The last leg of support for North America’s battered natural gas sector appears to be wobbling as prices for natural gas liquids (NGLs) plunge amid a wave of new unconventional supply
Schlumberger strengthens China shale ties
26 July 2012
Oilfield services company to expand Chinese operations after buying stake in Anton Oilfield Services
The importance of shale gas-ification of oil
9 July 2012
Everyone now knows what happened in the US’ natural-gas sector. Strong Henry Hub prices brought a costly, tricky method of gas extraction into the mainstream. Just a few years after US politicians and forecasters were fretting about dwindling reserves and firms rushed to build liquefied natural gas import terminals to capitalise on the inevitable rise in prices, hydraulic fracturing and horizontal drilling unleashed vast new supplies. Production costs tumbled as the drillers honed the technology. The US is now in an age of gas abundance.
Pemex eyeing shale round in late 2013
5 July 2012
Mexico’s Pemex is hoping to launch a shale-gas exploration tender in late 2013 in a bid to attract foreign investors to help it tap the country’s potentially large unconventional oil and gas resources
New-look YPF taking shape
13 June 2012
Argentina’s ‘energy champion’ shrugs off Repsol’s threat of legal action and vows to push ahead with development of Vaca Muerta
Medvedev: ‘US using cheap gas to prop up economy’
8 June 2012
The US government is keeping domestic gas prices lower than the rest of the world in a bid to stimulate its economy, Gazprom’s deputy chairman Alexander Medvedev claimed in a keynote address
E.On sees Europe’s gas future married to renewables
8 June 2012
The future of European gas is married to renewable energy and reforms of the carbon emissions trading system, the head of Germany’s E.On Ruhrgas and E.On Trading said in an exclusive interview with Petroleum Economist
CEE shale gas development 'inevitable'
7 June 2012
Shale-gas development has been slowed across much of Central and Eastern Europe (CEE) by protests from a wary public, but the lure of increased energy independence for the region makes a push for the development of those resources “inevitable”, KPMG has said in a new report
Sasol moves forward with Canadian GTL
7 June 2012
Sasol expects to detail ambitious plans for what would be Canada’s first natural gas-to-liquids (GTL) project later this year
European shale struggles to escape US shadow
31 May 2012
Shale gas holds enormous promise for Europe but the industry must go above and beyond to address social and environmental concerns, argue Michael Holgate and Jay Wagner from Plexus Energy.
Total and Wintershall commit to Argentine shale
24 May 2012
In an early sign that industry interest in Argentina’s shale deposits has not been dimmed by the nationalisation of YPF, Germany’s Wintershall and French major Total announced this week that they had secured a new exploration licence in the country
San Leon adds to Polish shale portfolio
22 May 2012
San Leon Energy, the second-largest licence holder in Poland behind state-run PGNiG, has added another block to its unconventional gas portfolio
Tap casts eye over Carnavon basin potential
24 April 2012
Independent Tap Oil is expanding its Australian footprint with a deal focusing on shale oil and gas plays in the onshore Carnarvon basin
Chesapeake closes funds gap with $2.6bn deals
13 April 2012
Chesapeake Energy, the US’s second-largest natural-gas producer, has sealed a series of deals that will raise $2.6 billion as the company looks to bridge a funding gap that has been exacerbated by decade-low natural gas prices
Protests force OMV to shelve shale drilling plans
10 April 2012
Protests over the use of hydraulic fracturing (fracking) have derailed, at least temporarily, OMV’s plans to explore for shale gas in southern Austria
Poland's shale is down, but not out amid challenges
10 April 2012
The sheen on Poland’s shale gas sector has tarnished somewhat after a series of challenging wells and a major reserves reduction, but it is far too early to write the industry off
Shell and Hess team up with PetroChina
10 April 2012
PetroChina is primed to form a joint venture with Shell and Hess to develop shale oil in the Santanghu basin in China’s north-western Xinjiang province
Ukraine targets shale-gas production within decade
10 April 2012
Ukraine’s shale-gas tender could lead to billions of dollars of investment from major oil and gas companies and add as much as 13 billion cubic metres (cm) of gas production per year within the next 10 years, a senior government official has said
YPF faces fresh Argentina assault
5 April 2012
Renationalisation rumours cloud news of fresh Vaca Muerta find
ONGC and ConocoPhillips seal shale pact
3 April 2012
Indian state-owned Oil and Natural Gas Corporation (ONGC) is forming an alliance with US supermajor ConocoPhillips in a bid to boost its shale gas capabilities ahead of India’s first shale-gas licensing round