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Falling Prices May Halt Shale Rush

2015-01-18 07:22:02| Logistics - Topix.net

Gastar Exploration is among several companies cutting their drilling forecasts for this year, a sign that lower natural gas and oil prices are starting to hit home in the Marcellus and Utica Shale region. The spot price of natural gas is nearing $3 per thousand cubic feet, the lowest it's been since it fell below $3 per Mcf in mid-2012.

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CSX Not Seeing A Decline In Shale Oil And Frac Sand Demand, Which Is Bullish For U.S. Silica

2015-01-17 23:11:32| Railroads - Topix.net

WTI prices would have to decline even further and stay that low for the long term to have a serious impact on the firm's 2016 earnings. U.S. Silica has undergone a decline in its stock price that I believe is unwarranted.

Tags: us which oil demand

 
 

Innospec's Independence Oilfield Chemicals Performs Industry's First TruClean Water Service In The Eagle Ford Shale Region

2015-01-16 07:01:06| chemicalonline Home Page

Innospec, Inc. (Nasdaq:IOSP) is pleased to announce that its Independence Oilfield Chemicals (IOC) business has completed the first successful application of its innovative TruClean™ Water Service in the Eagle Ford Shale Region, resulting in substantial cost savings when compared to conventional treatments

Tags: service region water ford

 

UK awards funding for shale energy projects

2015-01-16 01:00:00| Hydrocarbons Technology

The UK government has unveiled 2m funding for safe and sustainable shale energy projects.

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Jereh completes first shale gas liquefaction plant in China

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

Oil and gas firm Jereh Group has completed the first shale gas liquefaction plant in China.

Tags: china gas plant completes

 

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