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Natural gas re-emergence inAmerica’s Haynesville Shale

As an ageing, dry, but nowhere near dead, natural gas titan in Northwest Louisiana and Eastern Texas, the Haynesville is America’s third largest shale play, now yielding around 6.3 Bcf/d and potentially holding nearly 500 trillion cubic feet of gas. With only a few oil-directed rigs, the Haynesville accounts for less than 1% of U.S. shale oil…

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Reputable economic study weighs benefits, costs of living near US shale hot spots

Average households in U.S. shale oil and gas drilling hot spots have experienced property value, income and other benefits that outweigh the costs of a diminished quality of life brought on by the industrial activity, economists reported in a recent study for the Social Science Research Network (SSRN). The benefits were not uniform across shale drilling regions, some…

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Oxford Institute for Energy Studies: new paper shows subtle shale well productivity gains

The Oxford Institute for Energy Studies (OIES) has published PetroNerds’ new research paper, “Unravelling the US Shale Productivity Gains,” authored by PetroNerds co-founders Trisha Curtis and Ben Montalbano. “Unravelling the US Shale Productivity Gains” examines the significant year-over-year well productivity gains that have been generated in several prominent US shale and tight oil plays since the beginning of…

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Water used for fracking varies widely across the US

The amount of water required to hydraulically fracture oil and gas wells varies widely across the country, according to the first national-scale analysis and map of hydraulic fracturing water usage detailed in a new USGS study accepted for publication in Water Resources Research, a journal of the American Geophysical Union. The research found that water…

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EIA reports Permian as only shale to increase oil output; MSC reports record US gas base

The latest U.S. Energy Information Administration’s (EIA) monthly drilling report has revealed encouraging news for the Permian Basin, but not so much for other major shale plays. Among the Bakken, Eagle Ford, Haynesville, Marcellus and Niobrara shale plays, the Permian stood alone as the only shale basin to sustain continued oil production. According to the…

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Analysis: US crude oil production and EIA’s latest drilling productivity report

The Energy Information Administration’s (EIA) latest US monthly crude production statistics published March 30th show January production down 135 Mb/d versus December 2014, the largest month-on-month decline since June 2011.  There was an earlier warning sign from EIA.  The agency’s Drilling Productivity Report (DPR) published March 9th predicted that production would decline in April in…

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Output from major US shale oil and gas plays still growing: EIA

Production from the United States’ seven most prolific shale and tight oil regions continues to surge higher and is expected to reach 45.44 Bcf/d of natural gas and 5.52 b/d of oil next month, according to the Energy Information Administration (EIA). The Marcellus Shale will produce 16.32 Bcf/d of natural gas this month and 16.55…

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Rig counts steady in major US shale plays; decline elsewhere

The recent sharp fall in oil prices has been causing a noticeable trend with the amount of rigs accounted for among various shale plays throughout the United States. In fact, over the past three weeks, rig counts have seen substantial declines with over 90 rigs being shut down, according to Baker Hughes. This raises the…

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