CALGARY — Alberta’s early stage Duvernay resource play has already absorbed $6 billion of investment and promises to be the subject of much more, analysts say, judging by recent activity and promising results.
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Tag Archives: shale
The American Shale Boom Has Steamrolled Over Alaska
You may have noticed we haven’t heard much talk about opening the Alaska National Wildlife Refuge recently.
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Shale Gas: Why Reality has not Lived Up to the Dream
The development of the shale gas deposits in the United States, led by the drilling and fracking of horizontal wells into the Barnett Shale of Texas at the turn of the century, has opened up a resource that continues to draw visions of American energy independence from a number of commentators. The success of the development in exposing a potential resource that has been found in a number of states around the country continues to underwrite optimism for the short-term energy future of the country. In turn it has led to projected dreams of enhanced domestic supply in some of the countries of Europe, and the rest of the world.
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Pennsylvanians Sitting On Gas Are Getting Hit With New Laws That Seem To Appear Out Of Nowhere
Pennsylvania Governor Tom Corbett signed a bill into law this week that will allow gas companies to pool leases to some residents’ drilling rights, undercutting their ability to negotiate on terms.
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The Great US Shale Boom Story Is Entirely Cancelled Out By What’s Going On In Iraq
The U.S. shale energy revolution is making its mark on global financial markets.
Since the beginning of last year, the U.S. has steadily pared its petroleum trade deficit, ramping up exports and tapering back imports of oil.
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U.S. Shale Boom Not Enough to Remove the Threat of Peak Oil
A new phrase, “supply shock,” entered the lexicon of the global oil business this week when the International Energy Agency (IEA) reported that unexpectedly rapid growth in tight oil production from North Dakota and Texas is leading to profound changes in the global energy markets.
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People Hate The Idea Of Exporting America’s Natural Gas
WASHINGTON (AP) — A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking.
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Shale Bust: North America Natural Gas Production set to Seriously Decline
Shale oil has been North America’s great experiment, says Oil & Gas Investments Bulletin Editor Keith Schaefer. But in this interview with The Energy Report, he questions the experiment’s success and predicts steep declines ahead, with just a few formations left to supply the market. The question is what shale play will last the longest? Read on to find out how—and when—to get positioned for the end of the shale revolution.
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CASHING IN ON NATURAL GAS: How The Shale Boom Has Transformed One Rural Pennsylvania County
Adam Diaz is young, handsome and, most recently, rich.
The 35-year-old Susquehanna County, Penn. native was scraping by supplying construction contractors with cut bluestone when the gas industry arrived to his sleepy corner of Pennsylvania in 2009.
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Why The Texas Shale Boom Has Only Just Begun
SWEETWATER — About a year ago, talk began circulating in this West Texas town about a huge oil-producing formation called the Cline Shale, east of the traditional drilling areas around Midland.
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