Global shale gas boom potential ‘blessing’ for environment: Oxford University Paper

The boom in unconventional energy resource production such as shale gas “may be a blessing for the environment”, according to academics at the University of Oxford. The research paper by the Smith School for Enterprise and the Environment at the University noted the sharp reduction in coal production and imports in the US since 2007,…


Focus, improved techniques push BHP’s US shale plays closer to profitability

Australian-based mining and energy major BHP Billiton has finally turned the corner on its once contentious investment in North American shale. Three years ago BHP spent $20 billion buying into US shale through a takeover of Petrohawk Energy and asset purchases from Chesapeake Energy to deliver 1.5 million acres of shale resource. Head office and…


MarkWest Energy starts extra processing plant for Marcellus shale gas

MarkWest Energy Partners said it had started Bluestone II, a 120 million cubic feet per day (MMcf/d) cryogenic processing facility in Butler County, Pennsylvania increasing processing capacity for Marcellus shale gas producers operating in the rich-gas area of northwest Pennsylvania to 210 MMcf/d. Concurrently with the new processing plant, MarkWest has also completed 20,000 barrels…


Russian natural gas pipeline exports to Western Europe grow 20%

In 2013 Russia exported an average of 15.6 billion cubic feet per day (Bcf/d) of natural gas through pipelines to countries in Eastern and Western Europe, 16% more than in 2012, according to data from the US Energy Information Administration, Eastern Bloc Research and Russian Energy Monthly. Russia’s natural gas pipeline exports to Western Europe…

Permian Basin

Permian Basin leads US horizontal drilling growth

Just as the Permian Basin is leading in the growth of oil production and the creation of jobs, the region is now leading the nation in the growth of horizontal drilling activity. Examining data from Baker Hughes, Philip Budzik and Michael Ford, principal contributors to Energy Information Administration reports, write that the Permian Basin saw the…


Argentina’s YPF finds new shale oil, gas in Chubut province

Argentina’s state-owned YPF has made the first shale oil and gas discovery in the province of Chubut, the company said. The discovery, in the San Jorge basin, is located more than 1,000 km southeast of the Vaca Muerta mega shale field in Neuquén that has garnered international attention. “The preliminary results are hopeful: daily production…