Thai-Japanese partnership looking for another Marcellus ethane cracker site

A partnership between Thailand’s largest chemical company and a Japanese trading and investment house is shopping the region for an ethane cracker site. Allenport’s Mon River Industrial Park in Washington County is one of three locations being evaluated by the group, which joins Bangkok-based PTT Global Chemical and Tokyo-based Marubeni Corporation. This is the third…

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New Texas Eagle Ford shale wells show higher crude production, despite high well decline rates: EIA

Increased drilling and improved drilling efficiency have led to significant crude oil production increases in the Eagle Ford region in southern Texas, the US Energy Information Administration reports. These increases have occurred despite the region’s relatively high well decline rates. However, by offsetting the natural declines through the use of new recovery techniques, further production…

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New shale technology could yield huge results for US production: Wood Mackenzie

A new report by energy consultant group Wood Mackenzie has estimated that emerging shale technology could add at least 1 million barrels per day to US crude output. Primary recovery from oil deposits in the US relates to natural pressure in the reservoir. Secondary recovery involves water or gas injection into the well to increase production. Enhanced oil recovery…

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Shale gas fares better than renewables on some environmental impacts: UK research

Greenhouse gas emissions from the production and use of shale gas would be comparable to conventional natural gas, but the controversial energy source actually fared better than renewables on some environmental impacts, according to new research by the University of Manchester. The UK holds enough shale gas to supply its entire gas demand for 470…

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Sanctions halt France’s Total shale project with Russia’s Lukoil

France’s energy major Total said western sanctions against Russia has forced it to halt a joint venture with Russia’s Lukoil to explore shale oil in western Siberia. The move signals that the latest sanctions against Russia over its involvement in Ukraine will hinder the Kremlin’s plan to develop its shale oil resources with imported fracking…

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