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Tag: shale
Sumitomo's Loss Shows Shale Isn't Booming for Everybody
2014-10-20 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Land in the Permian Basin, the busiest shale patch in the U.S. oil boom, is worth either $1,000 an acre or 50 times more, depending. On Sept. 29, Calgary-based driller Encana Corp. (ECA) announced plans to buy a company that owns a West Texas prospect for $7.1 billion, or about $50,000 an acre. One day later, Tokyo-based Sumitomo Corp. estimated its land in the same region was worth a fraction of that price when it took a $1.55 billion writedown on its investment. The disparity shows how fickle...
Tags: shows
loss
booming
shale
Renewables not shale biggest driver in US emissions cuts, study finds
2014-10-20 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Renewable energy, not shale gas, has played the biggest role in reducing US emissions, according to new analysis from Greenpeace's Energydesk site. Many energy and political commentators have argued that a surge in US shale gas production has help replace dirty coal-fired power stations, helping the world's former largest emissions cut emissions 16 per cent since 2007. But using figures from the US Energy Information Administration (EIA), Greenpeace's Energydesk team has calculated that only...
Tags: study
driver
biggest
finds
R.I.P. Henry Hub? Marcellus Shale Shifts Geography Of Natural Gas Markets
2014-10-17 03:36:33| Oil & Gas - Topix.net
I am a Managing Partner at Brookside Strategies, LLC, an energy and utility management consulting firm based in Darien, Connecticut. I've spilled blood, sweat and tears grappling with the full spectrum of barriers and misconceptions about distributed generation and energy-efficiency technologies.
Tags: natural
gas
markets
henry
Chesapeake to sell Southern Marcellus and Utica shale assets for $5.37bn
2014-10-17 01:00:00| Hydrocarbons Technology
Chesapeake Energy has agreed to sell assets in the Southern Marcellus Shale and a portion of the Eastern Utica Shale in West Virginia, US, to Southwestern Energy for $5.375bn.
Tags: sell
southern
assets
chesapeake
New Labor Study Shows Marcellus Shale Energy Production Fuels Jobs And Economic Growth
2014-10-16 06:01:28| oilandgasonline Home Page
API welcomed a newstudyby the Oil and Natural Gas Industry Labor-Management Committee that showed that industry spending in the Marcellus area on construction and maintenance grew over 60 percent between 2012 and 2013, reaching $5B, resulting in a 40 percent increase in construction jobs in eight trades.
Tags: jobs
study
shows
production
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