usa-epa

EPA reports further decline in methane emissions from US shale plays in 2012

Methane emissions from natural gas systems in the US have significantly declined. Greater attention to voluntary reductions by corporations and new technologies has cut methane leakage specifically from shale operations. This has occurred at a time when the number and volume of shale plays has very substantially expanded. The new data is contained in the…

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schlumber

Schlumberger’s new ‘broadband sequence’ fracking method boosts shale output by 20%, cuts well completion time in half

Oil and gas field services company Schlumberger has introduced the BroadBand Sequence fracturing technique, which it says significantly increases productivity in unconventional reservoir completions. The technique enables sequential stimulation of perforation clusters in wells drilled in unconventional reservoirs. This new technique sequentially isolates fractures at the wellbore to ensure every cluster in each zone is…

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dr-daniel-matjila

South Africa’ public sector pension fund keen to invest in domestic shale gas

South Africa’s Public Investment Corporation (PIC) is keen to invest in a domestic shale gas industry once it gets underway, its chief investment officer said. The intention to invest in shale gas by the PIC, which manages R1.4 trillion of South African public employee retirement funds, is the latest signal of the government’s commitment to…

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cooper_0

Origin to farm-in to 2 unconventional gas blocks in Australia’s Cooper-Eromanga Basin

Origin Energy Ltd said it has signed two farm-in agreements with Senex Energy Ltd to acquire exploration interests in two unconventional gas blocks covering more than 733 square miles (1,900 square kilometers) of South Australia’s prospective Cooper-Eromanga Basin. The two gas blocks comprise a number of prospective sub-basins within the Basin – including the Allunga,…

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shale_oil_basins_map_1

China delays 3d round shale block auctions to boost interest by providing more data

The next round of auctions for shale gas blocks in China has been delayed until the [northern] spring of 2014, to give the country’s Ministry of Land and Resources (MLR) more time to work on reducing the risks and costs of exploration, according to local press reports consolidated by EnergyChinaForum. The upcoming auction round is…

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karoo-landscape

South Africa’s petroleum agency’s Karoo shale-gas estimate ‘far lower’ than EIA

THE Petroleum Agency South Africa (Pasa) estimates that recoverable reserves of shale gas in the Karoo are about 40-trillion cubic feet — much less than the US Energy Information Administration’s (EIA) estimate of 480-trillion cubic feet, according to a report in Business Day. Pasa resource development manager David van der Spuy told Parliament’s energy committee…

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exec185-lance

ConocoPhillips CEO: warnings of shale bubble unfounded; technology to improve

ConocoPhillips CEO Ryan Lance targeted shale boom sceptics Friday, refuting arguments that the surge in oil and gas production will be short-lived. Speaking at Rice University’s Baker Institute for Public Policy, Lance said he believes the country’s shale revolution is only in the “first inning of a nine inning game,” and critics shouldn’t assume growing…

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pipeline-81

Marcellus natural gas takeaway pipeline projects advance

From the US Energy Information Administration latest Natural Gas Weekly bulletin: Last week, the US Federal Energy Regulatory Commission (FERC) approved three projects to increase natural gas takeaway capacity from the Marcellus Shale formation. It approved the Texas Eastern Appalachia to Market (TEAM) 2014 project expansions on Spectra’s Texas Eastern Transmission Co (Tetco) pipeline. Then…

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