The impact of the fracklog on the US short-term liquids supply

In the first months of 2015, the US shale industry faced a rapid decline in drilling activity, yet oil supply has not been showing any signs of entering into a consistent decline phase. This opposite movement is mainly due to drilled uncompleted wells, namely fracklog. Here we examine how drilling and fracking activity in the…

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Little change in May shale oil output in Bakken, Eagle Ford: Bentek Energy

Oil production from key shale formations in North Dakota and Texas was little changed in May versus April, according to Bentek Energy, an analytics and forecasting unit of Platts, a global provider of energy, petrochemicals, metals and agriculture information. Oil production from the Eagle Ford shale basin in Texas showed signs of decline in May,…

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Fracking sand mining has large impact on local economies – study

Hydraulic fracturing in shale formations requires large quantities of frac sand and mining it has become big business, especially in Wisconsin, according to a new study from The Heartland Institute. The study, titled “Economic Impacts of Industrial Silica Sand (Frac Sand) Mining,” is the second in a series by Heartland Institute Research Fellow Isaac Orr…

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One Cuadrilla shale gas site in UK gets go ahead from local planners; second site refused

Proposals for fracking for shale gas at a site in Lancashire should be approved, planning officers have recommended. Lancashire County Council published reports with recommendations on planning applications from shale company Cuadrilla to develop two new sites between Preston and Blackpool to explore for shale gas by drilling, fracking and testing the flow of gas.…

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US shale energy opportunity: A win-win for economy, environment – Harvard study

America’s unconventional gas and oil resources are a once-in-a-generation opportunity to enhance the nation’s economic competitiveness while minimizing environmental impacts, and making major progress toward reduced greenhouse-gas emissions. But there is a real risk that American citizens, companies, and communities will fail to capitalize on this opportunity because of misunderstanding and distrust. Unconventional energy production…

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