Officals say rule changes in Texas have upped fracking water recycling

Oil and gas drilling companies using hydraulic fracturing in Texas say they are recycling more water thanks to a change in state rules, Texas’ three railroad commissioners told two House committees. But exactly how much water is being conserved or reused during production is unknown, according to the regulators who oversee the oil and gas…

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Russia’s Abramovich invests $15m in new US fracking technology; More to come?

Russian billionaire Roman Abramovich has invested $15 million in Houston-based Propell Technologies Group and its new fracking technology from wholly owned subsidiary Novas Energy. Significantly, this new enhanced oil recovery (EOR) technology enables ‘clean’ hydraulic micro/nano fracturing of oil reservoirs—that is, without water, without polluting chemicals and without earthquakes. According to Propell, the Plasma Pulse…

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Shale oil output in Bakken, Eagle Ford steady in January despite drop in rig count

Oil production from key US shale formations in North Dakota and Texas increased by 28,000 barrels per day (b/d), or 1%, in January, according to Bentek Energy, an analytics and forecasting unit of Platts, a global provider of energy, petrochemicals, metals and agriculture information. In South Texas, Eagle Ford basin crude oil production in January…

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Marcellus Shale gas production rose 28% in 2014 to record 4.4 tcf

Despite low gas prices and a reduction in drill rigs, Marcellus Shale producers generated nearly 4 trillion cubic feet of natural gas in Pennsylvania last year, up 28 percent from the previous year, according to state figures. Exploration companies produced 2.08 trillion cubic feet of gas from 5,960 shale wells during the second half of…

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Cuadrilla to proceed with shale gas development in UK – CEO

Cuadrilla Resources is proceeding with the development of shale gas in northern England even as environmental opposition grows and other regions impose temporary bans on drilling. “Where we are in Lancashire, we are still going forward,” CEO Francis Egan said Tuesday on Bloomberg television. “We have all the permits from the environment agency now.” Scotland…

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China plans for shale gas production to top 30 billion cubic meters by 2020

Beijing plans to increase its annual shale gas production from 13 billion cubic meters to 30 billion by 2020 to resolve the country’s heavy pollution and increasing energy demands, reports Want Daily. Shale gas will amount to 15% of China’s total natural gas output in five years if production is increased according to Beijing’s plan,…

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New era in Mexico: Major shale opportunities for energy companies – EY

A new report by global consultants EY explores significant opportunities for energy companies in Mexico. Mexico’s historic bill, opening the country’s energy industry to private and foreign investment, provides a wide range of opportunities for foreign oil and gas companies. Among industry insiders, there is a great deal of optimism surrounding upstream opportunities in Mexico.…

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