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API Issues Updated Standards For Shale Development

2015-10-16 03:11:18| oilandgasonline Home Page

New editions of API’s hydraulic fracturing standards provide the latest technical direction for operators working to continuously improve well integrity, groundwater protection, and environmental safety. Last updated in 2011, API’s standards for shale development have worked alongside robust state regulations to ensure safe and responsible energy development with hydraulic fracturing for over 65 years.

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Gulfport Energy forms JV with Rice Energy for Utica shale development in Ohio, US

2015-10-12 01:00:00| Hydrocarbons Technology

Gulfport Energy has signed a Letter of Intent with Rice Midstream Holdings, subsidiary of Rice Energy, to form a midstream joint venture (JV) for natural gas gathering and water service development in Ohio, US.

Tags: us development energy forms

 
 

Polish shale industry collapsing as number of licenses nearly halves

2015-10-09 17:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Polands shale gas industry appears to be collapsing, just four years after the US government predicted that its reserves were abundant enough to fuel the country for the next three centuries. Concessions for exploratory shale drilling have nearly halved in the last year from 58 to just 32, according to a new Polish government manifest published to little fanfare on the environment ministrys website this week. With rockbottom oil prices continuing to erode global fracking hopes, Chevron and...

Tags: number industry polish licenses

 

Scotland widens shale moratorium to include coal gasification

2015-10-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Scotland has placed a moratorium on underground coal gasification, a form of unconventional gas extraction, adding to a ban on shale gas that it imposed in January in conflict with the pro-shale stance of Prime Minister David Cameron. The Scottish government also said on Thursday it would start an in-depth investigation into the impact of shale gas fracking, the process whereby water, sand and chemicals are blasted at underground rocks to release trapped gas. The outcome of the consultation...

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Shale drives uncertain new geoeconomics of oil

2015-10-09 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: The emergence of fracking has modified the global market for fossil fuels. But the plunge in oil prices has diluted the effect, in a struggle that experts in the United States believe conventional producers could win in the next decade. The U.S. oil industry had peaked - when the discovery of new deposits and output from existing wells begins to fall - which made the country more dependent on imports. But the equation was turned around thanks to the new technique."The bubble won't explode, but...

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