MarkWest expands Utica infrastructure with two projects: sees shale gas growth for ‘years to come’

Denver-based MarkWest Energy Partners is continuing to expand its processing facilities for natural gas and liquids in Ohio’s Utica shale. The company has announced seven major infrastructure projects including two new projects in Ohio. That includes a 200 million cubic foot per day (mcfpd) expansion at the gas-processing plant at Cadiz in Ohio’s Harrison County.…


US oil production from top shale plays to rise 89,000 bpd in September: EIA

US oil production from the country’s fastest-growing shale plays is set to rise by some 89,000 barrels per day in September from a month earlier, Energy Information Administration data showed on Monday. Oil production from the Bakken formation for September will rise 20,000 bpd to 1.14 million bpd compared to August, according to the EIA’s…


Investment options to tap into Texas’ oil resurgence star performer Permian Basin & other shale plays

Oil coaxed from the rapidly developing Eagle Ford and Permian Basin production areas recently lifted Texas’ output back above 3 million barrels per day (bpd) for the first time in more than three decades. That put the Lone Star state at more than a third of total US oil production, compared to about 12% for…


New study says shale gas boom outpacing research into environmental impacts

The boom in shale gas extraction, through methods such as hydraulic fracturing, is outpacing research on the issues around the practice, including the environmental impacts, according to a new study. Eight international authors contributed to the study, Biotic impacts of energy development from shale: research priorities and knowledge gaps, published in the August 2014 issue…


China’s upcoming shale gas auction to offer little hope to private investors: Forbes

China’s auction of shale blocks is a strange business, according to Forbes magazine. The first shale sale in June 2011 was largely staged among the six state-run bidders. The second round in 2012 was open to private investors, but shortlisted candidates included the bizarre choices of a home-appliance company and a hardware firm that mainly…


Challenging conditions push China to cut 2020 shale gas targets

China will soon formally halve the amount of shale gas it expects to produce by 2020 after early exploration efforts to unlock the unconventional fuel proved challenging, according to local industry and government sources. China is believed to hold the world’s largest technically recoverable shale resources. Four years of early evaluations and drilling have so…

A worker on bicycle passes by the facade of the Chilean state oil ENAP in Concon city, about 85 mile..

ConocoPhillips, Enap to jointly examine shale gas, oil potential in Chile

ConocoPhillips, the third-largest US energy company, will examine unconventional oil and natural gas formations in southern Chile with state-owned energy company Empresa Nacional del Petroleo. Houston-based ConocoPhillips will carry out geophysical and geological studies of the Patagonian region where Enap produces the South American country’s only oil and gas, Enap reported. The Chilean company seeks…


As output grows from US Bakken, Three Forks shale basins, report finds its crude meets transport rules

North Dakota’s crude oil production passed a record 1 million barrels per day in April and remained above the benchmark in May on the strength of production from the Williston Basin’s Bakken and Three Forks formations, according to government reports. In April, the North Dakota produced 30,097,687 barrels of crude and averaged 1,003,256 barrels produced…