Archive for the ‘Other Unconventional’ Category
Perils of independence
August 8th, 2016 by Latest News
Energy independence can be perilous in a country plagued by misunderstanding of the concept. In pursuit of energy independence, a country faces two hazards. One is the wasted expenditure of public money. The other is nonchalance when the goal seems wit…
EU unconventional resource development stalls
June 6th, 2016 by Latest News
European governments are reluctant to promote shale gas development even though technology has advanced and extraction processes have matured in North America.
Some rural US communities that grew dramatically as nearby unconventional oil and gas resources were developed are facing unexpected problems since commodity prices plunged and producers scaled operations back, two Duke University researchers told a Wa…
The Colorado Supreme Court overturned statutes that ban hydraulic fracturing in two communities along the state’s populous Front Range because they conflict with state law that authorizes the technology’s use.
Thai coal company opts into Marcellus gas field
April 22nd, 2016 by Latest News
Thailand’s Banpu PLC has acquired a 29.4% stake in Chaffee Corners joint exploration agreement for $112 million. The deal provides Banpu with a net interest equivalent 156 bcfd of gas. The agreement targets the net output of about 21 MMcfd this year, the company said in a statement published on Thai stock exchange.
The Texas oil and gas industry shed 84,000 jobs during the Texas Petro Index’s 16-month decline from November 2014 through last month, the Texas Alliance of Energy Producers reported on Apr. 19.
Sanders: Ban hydraulic fracturing nationwide
April 12th, 2016 by Latest News
Sen. Bernie Sanders (I-Vt.), seeking to become the Democratic Party’s candidate in this year’s presidential election, has called for a nationwide ban on hydraulic fracturing.
Cabot to appeal Dimock water-well award
March 11th, 2016 by Latest News
Cabot Oil & Gas Corp. said it will appeal a federal court award of $4.24 million to two families who said hydraulic fracturing of two wells by the company in Dimock Township, Pa., contaminated their well water.
The US Bureau of Land Management issued a hydraulic fracturing regulation rule that lacks justification, cannot be administered technically, exceeds the agency’s regulatory authority, and violates federal law, the Independent Petroleum Association of America and Western Energy Alliance jointly said.
CERI: Low oil prices hurt Canadian economy
March 8th, 2016 by Latest News
Persistence of low crude oil prices through 2021 would hurt more than help the Canadian economy by constricting oil-producing and affiliated industries, finds a study by the Canadian Energy Research Institute.