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Rising Oil Prices Encourage Shale Producers, Dissuade Investors

2016-06-12 18:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The oil market just hit a yellow light. Crudes advance of more than 90 percent from a 12-year low earlier this year has U.S. shale producers starting to return to their drilling rigs, threatening to slow further gains. "The $50-to-$60 a barrel area is the sweet spot," said Mark Watkins, the Park City, Utah-based regional investment manager for The Private Client Group of U.S. Bank, which oversees $128 billion of assets. "You start to have producers come back at $50, but a lot of them come...

Tags: prices oil encourage rising

 

USGS Estimates 66 Trillion Cubic Feet Of Natural Gas In Colorado's Mancos Shale Formation

2016-06-09 05:31:09| oilandgasonline Home Page

The Mancos Shale in the Piceance Basin of Colorado contains an estimated mean of 66 trillion cubic feet of shale natural gas, 74 million barrels of shale oil and 45 million barrels of natural gas liquids, according to an updated assessment by the U.S. Geological Survey.

Tags: natural gas formation feet

 
 

Four Winners Announced At 2016 Shale Gas Innovation Contest Finals Event

2016-06-06 11:06:44| oilandgasonline Home Page

During the Fifth Annual Shale Gas Innovation Contest, four companies each walked away with a winner’s check for $20,000.

Tags: event gas announced contest

 

Fracking: Ministers 'Sitting On' Climate Change Report On Shale Industry

2016-05-25 14:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Huffington Post: Ministers have been accused of 'sitting on' a long-awaited report on fracking and climate change in a bid to help the oil industry. HuffPost UK has learned that the independent Climate Change Committee's (CCC) study of the environmental impact of the shale gas technology has still not been published despite a legal requirement to do so. Protestors were furious this week when North Yorkshire County Council made the landmark decision to approve Third Energy's application to frack on a site near...

Tags: report change industry sitting

 

API: Administration's Unreasonable Methane Rules Could Put Shale Energy Revolution At Risk

2016-05-16 03:51:05| oilandgasonline Home Page

Costly new regulations on methane emissions the Obama administration announced Thursday could harm America’s shale energy revolution that has lowered U.S. carbon emissions, lowered costs for American consumers by more than $550 at the pump in 2015, and added $1,337 in disposable income per household in 2015, said API Vice President of Regulatory and Economic Policy Kyle Isakower.

Tags: put rules energy risk

 

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