The Who and How of Marcellus/Utica midstream shale gas infrastructure

In the five years since gas production began to take off in the Marcellus, gas processing capacity in the northeast US has expanded nearly 13 times from 600 MMcf/d to 7,600 MMcf/d. Natural gas liquids (NGL) production from those plants began to expand significantly in 2011 and is now over 245 Mb/d. Midstream companies have…

Details

Conditions for environmentally-sound UK shale gas development – UKERC Report

Academics from Warwick Business School and University College London have published an opinion piece based on research funded by the UK Energy Research Centre (UKERC) advising policymakers that, because of continuing economic, social and environmental uncertainties, the UK’s gas strategy should be developed on the assumption that there will be no domestically produced shale gas. The…

Details

The US shale revolution has not paid investors well

We have all heard of the “shale revolution”. It has been touted as the energy panacea of our time. Given the extreme hype, one would expect that such enthusiasm would translate into above average share performance for shale operators. This has not been the case. Share performance has actually been quite mediocre and in some…

Details
bundu-gas-karoo

Bundu expects South African shale gas exploration decision this year

Unconventional gas explorer Challenger Energy expects to hear by the third or second quarter of this year whether its subsidiary, Bundu Gas and Oil Exploration, will be allowed to explore for shale gas in South Africa’s Karoo basin. The ASX-listed company confirmed on Monday that Bundu had lodged an updated environmental management programme (EMP) with…

Details

BakerHostetler’s US shale industry 2014 Year in Review and 2015 Forward View

Once again, shale oil and gas production dominated energy headlines in 2014, with a number of key economic, political, and legal developments making news across the country. Bolstered by technologies like hydraulic fracturing and horizontal drilling, the U.S. oil and gas industry continued its surging growth in 2014, with domestic oil production reaching its highest…

Details

OPEC’s price war seen embedding North American shale’s global advantage

Oil price uncertainty strengthens the global competitive advantages of US and Canadian unconventional oil projects. Both countries offer excellent geology, robust supporting infrastructure, deep local capital markets, stable politics, and favorable legal and regulatory regimes. They will be the markets that see the leading edge of efficiency improvements and cost decreases. In a nutshell, the…

Details

EU awards €11.6m funding for fracking research

Two research projects to investigate the impact of shale gas exploitation and fracking have each been awarded funding from Horizon 2020, the European Union’s research programme. The projects, led by Edinburgh University and University College London, aim to provide objective assessments of the environmental impact of the controversial technique. The money will flow from an…

Details