Study estimates Utica shale holds gigantic amount of recoverable gas

The amount of natural gas trapped in the Utica shale might rival what drillers hope to extract from its more famous neighbour the Marcellus, a group of geologists have concluded. “It’s comparable to the highest number I’ve seen for the Marcellus,” said Doug Patchen, head of the Appalachian Oil and Natural Gas Research Consortium at…

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Water used for fracking varies widely across the US

The amount of water required to hydraulically fracture oil and gas wells varies widely across the country, according to the first national-scale analysis and map of hydraulic fracturing water usage detailed in a new USGS study accepted for publication in Water Resources Research, a journal of the American Geophysical Union. The research found that water…

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Fracking sand mining has large impact on local economies – study

Hydraulic fracturing in shale formations requires large quantities of frac sand and mining it has become big business, especially in Wisconsin, according to a new study from The Heartland Institute. The study, titled “Economic Impacts of Industrial Silica Sand (Frac Sand) Mining,” is the second in a series by Heartland Institute Research Fellow Isaac Orr…

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US shale energy opportunity: A win-win for economy, environment – Harvard study

America’s unconventional gas and oil resources are a once-in-a-generation opportunity to enhance the nation’s economic competitiveness while minimizing environmental impacts, and making major progress toward reduced greenhouse-gas emissions. But there is a real risk that American citizens, companies, and communities will fail to capitalize on this opportunity because of misunderstanding and distrust. Unconventional energy production…

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US oil, gas production down across the board – EIA productivity report

Although the U.S. shale revolution has maintained impressive momentum over the course of the past year, depressed oil prices have taken their toll. The Energy Information Administration released its monthly drilling productivity report this week, and it has confirmed what many industry experts saw coming. With the exception of the Permian Basin, the U.S. has…

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US slips past Russia as World’s top gas producer, but Russia reserves up – BP data

The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s shale fields. U.S. oil production rose to a record last year, growing by 1.6 million barrels a day, according to BP Plc’s Statistical Review of World Energy…

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US EPA finds hydraulic fracturing safe for drinking water in most cases

While water pollution associated with hydraulic fracturing operations has occurred, the revolutionary oil extraction technique has not led to widespread, systematic pollution of drinking water in the U.S., according to a long-awaited study from the Environmental Protection Agency (EPA). The EPA has worked on the study for nearly five years. Now with some assurance, the…

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Shale to play big role in Mexico’s energy reform success: Report

Mexico’s shale resources will play an integral role in the success of Mexico’s energy reform, but significant challenges will need to be addressed, including the construction of roads, housing, rail, pipelines and other infrastructure, as well as skilled workforce development and security issues. The country is well-positioned to take advantage of unconventional extraction techniques due…

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Technology and the coming big-data revolution in US shale oil fields

With petroleum prices down 50% over the past year, many analysts and pundits are predicting the end of America’s shale oil boom. Recent headlines include: “Oil Price Fall Forces North Dakota to Consider Austerity” (New York Times); “Oil Price Drop Hurts Spending on Business Investments” (Wall Street Journal); “The American Oil Boom Won’t Last Long…

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