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North American Shale Boom Leaders To Headline DUG Australia

2013-04-03 17:00:00| OGI

Retired BHP Billiton President Richard Stoneburner, Magnum Hunter President and CEO Gary Evans, and Swift Energy President Bruce H. Vincent will share their perspectives at the conference.

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GE Pushes Fracking Research With Lab in Bet on Shale Gas

2013-04-03 10:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: General Electric Co. (GE) will spend $110 million on a research lab in Oklahoma City to study ways to improve extraction of hard-to-reach oil and gas deposits, including hydraulic fracturing and horizontal drilling. The facility will hire as many as 125 engineers and scientists in the coming months and will eventually expand its research to more conventional drilling techniques, Chief Technology Officer Mark Little said in a telephone interview. Oil and gas is GEs fastest-growing segment,...

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EOGs Papa: New Black Oil Shale Plays Unlikely

2013-04-03 09:30:00| OGI

The Wolfcamp play in the Delaware basin in West Texas and southeast New Mexico could develop into a substantial-sized play, says Papa.

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Sumitomo to sell 2.3 mln T U.S. shale gas to two Japan buyers

2013-04-01 13:14:50| Grocery - Topix.net

ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.

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Oil town hopes for a boom in jobs from California's Monterey Shale

2013-03-31 16:37:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: The small oil town of Taft was built on petroleum -- and is now hoping for a second boom from the Monterey Shale. In a story on Sunday's front page, The Times wrote about the shale that runs miles underground through Southern and Central California. Oil companies are already drilling exploratory wells. Oil trapped in deep rock deposits in the Monterey is estimated at 15 million barrels. That's four times the amount of oil in North Dakota's Bakken Shale, which has fueled a boom that's driven...

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