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Study finds higher methane levels as well sites decline in Marcellus in US

A new study shows that background levels of methane in Northeast Pennsylvania in the U.S. increased significantly at a time when well drilling activity decreased, pointing to leaks of natural gas during production and transportation. Researchers from Drexel University found that atmospheric levels of the potent greenhouse gas increased by 100 parts per billion between…

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IEA

IEA sees big increase in US shale oil as prices rise

Increases in the price of oil will trigger a “significant” increase in U.S. shale output as OPEC and other producers rein in supply, according to the head of the International Energy Agency. “U.S. shale-oil production will definitely react strongly,” Executive Director Fatih Birol said in a Bloomberg Television interview in Davos, Switzerland. At $56 to $57…

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noic

Iran discovers new shale gas reserves

A National Iranian Oil Company (NIOC) official said that new shale gas reserves have been discovered in west Iran exploration blocks. Iran has also joined the push for shale oil and gas around the globe as NIOC has so far defined four study projects in an attempt to discover shale reserves in Lorestan province and…

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