shale

Recent reports from groups analyzing U.S. power generation note how states near the nation’s largest shale plays are expected to bring significant new natural gas-fired generation online over the next few years, despite concerns about recent market volatility that sent gas prices to their highest levels in more than a decade. With a long-term outlook […]

At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer […]

The U.S. Environmental Protection Agency (EPA) on June 4 released a draft assessment of the potential impacts of hydraulic fracturing on the nation’s water supplies, concluding that there was no evidence of widespread impacts but conceding that data on the subject is limited. The assessment, conducted at the request of Congress, follows water used for […]

With rapidly growing electricity demand from North Dakota’s booming shale oil industry, Basin Electric Power Cooperative needed flexible peaking generation in a hurry. Two stations equipped with LM6000 turbines and clutches are providing both peaking and reactive power. U.S. electricity production has been flat for the past decade, hovering between 3.9 billion MWh and 4.1 […]

In the early 1980s, a man named George Mitchell, who owned an independent oil and gas company in Houston, began to see a distressing trend in his company’s future. Mitchell Energy supplied natural gas to a

Thanks to sustained and rapid development of China’s economy, demand for natural gas has been increasing. From 2000 to 2010, China’s demand for natural gas increased from 24.7 billion cubic meters (bcm) to

Presenters provided several perspectives on the emerging shale gas sector in North America and around the world at the World Shale Oil & Gas Conference & Exhibition in Houston, Texas, last week. One general takeaway is that a number of unpredictable factors could widely alter the sector’s “game-changing” outlook. Several forecasts, including the International Energy […]

U.S. states vary widely on how they are regulating the booming business of producing natural gas from shale formations, according to a study released this summer by the Washington environmental think tank Resources for the Future (RFF). “As the shale gas boom has taken off,” says RFF, “states have updated their regulations, each with varying […]

The revolution that has toppled coal from the top of the generating queue in the U.S. has not reached the rest of the world, according to the “BP Statistical Review of World Energy.” While natural gas may have supplanted coal as king of the hill in the U.S. electric generating mix, the solid mineral—geographically the […]

Much recent debate about shale gas recovery through horizontal drilling and hydraulic fracturing has focused on methane emissions from shale gas wells. The general take on this topic is that methane (the remarkably simple molecule CH4) is a greenhouse gas “20 times” or “25 times,” or some other number, more “potent” than carbon dioxide, the […]

The shale gas revolution has so far been a U.S. phenomenon. But hydrocarbon-containing Devonian shale formations are far from a U.S. or even North American phenomenon. Geologic forces didn’t follow political boundaries in the Devonian period 400 million to 300 million years ago. Indeed, the continents then were not where they are today by large […]