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Tag: shale
API: Investment In U.S. Shale Drilling Surges
2013-04-29 09:55:00| OGI
Shale drilling drove most of the overall increase in drilling and now accounts for an estimated 23% of all wells drilled in the US in 2011.
Tags: investment
api
drilling
surges
Time for Texas to Get Ready for the Shale Boom
2013-04-28 00:46:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: About a year ago, talk began circulating in this West Texas town about a huge oil-producing formation called the Cline Shale, east of the traditional drilling areas around Midland. Then the oilmen and their rigs arrived. Now homes and hotels are sprouting, help wanted signs have multiplied, and a major drilling company has cleared land to build an office and equipment yard. It is coming, and it is big, said Greg Wortham, the mayor of Sweetwater, who also serves as executive director of the...
Shale gas no certain panacea for Britain
2013-04-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Voice of Russia: A group of MPs has said that developing shale gas in the UK might not bring down energy prices in the same way it has in North America. They have also warned that developing shale gas would jeopardise the UKs ability to meet statutory climate targets. VoR's Tom Spender reports. Public concern It is too soon to tell if shale gas will solve the UKs energy problems. That is the view of the Energy and Climate Change committee, which says conditions in the UK are different from those in the...
Tags: britain
gas
panacea
shale
United Kingdom: 'Get on and drill' for shale gas say MPs
2013-04-26 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Telegraph: The controversial process of blasting water into rock to extract shale gas, or fracking, has caused earth tremors in the UK in the past and leaks can contaminate water. But the Energy and Climate Change Committee said companies should get on with building drills to explore for the fossil fuel across the UK. Although the cross party group made clear that fracking will not be an energy "revolution", MPs said it could stop the rise in energy prices. Tim Yeo, head of the committee, said shale...
Tags: united
say
kingdom
united kingdom
United Kingdom: MPs say cash-for-locals scheme would overcome shale gas fracking opposition
2013-04-26 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Companies fracking for shale gas in the UK should be made to offer substantial financial incentives to people living near their sites, an influential committee of MPs has said. The energy and climate change committee said on Friday that measures such as cash payments or rebates on energy bills would be needed to overcome local opposition to shale gas drilling, which has been associated with water, ground and air pollution in the US, and which green groups say is incompatible with moving to a low-carbon...
Tags: united
kingdom
united kingdom
gas
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