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Argentina cuts shale drilling costs but no new joint ventures expected

Argentina needs $200 billion in investment to develop its vast but barely tapped shale fields, but no joint ventures were expected soon because of low oil prices and uncertainty ahead of a presidential election, state oil company YPF said. YPF, nationalized in 2013, is improving drilling efficiency and developing its Vaca Muerta shale formation in…

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iGas submits application to install 12 monitoring boreholes in UK

UK shale explorer iGas Limited has submitted an application seeking planning permission to install monitoring boreholes on land close to the Nottinghamshire, Doncaster and North Lincolnshire local government boundary. The proposed development would involve drilling of up to 12 boreholes across four locations, to monitor groundwater. The drilling would be undertaken over a period of…

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Full scale reversal opens Marcellus/Utica natural gas floodgates to the US West

Tallgrass Energy’s Rockies Express Pipeline (REX) opened the floodgates for Marcellus/Utica producers this Saturday, August 1, bringing online its Zone 3 East-to-West (E2W) expansion capacity. The expansion tripled westbound design capacity to a full 1.8 Bcf/d from the Marcellus/Utica producing region to delivery points in Ohio, Indiana and Illinois. Potentially this additional takeaway capacity eases…

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US shale gas industry slams Obama’s new Climate Plan

Natural gas advocates denounced the Obama administration’s newly proposed power plant emissions guidelines for “perpetuating the false choice between renewables and natural gas.” “We don’t have to slow the trend toward gas in order to effectively and economically use renewables,” Marty Durbin, president and CEO of industry group America’s Natural Gas Alliance, said. The White…

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