Natural Gas

Podcast: Searching High And Low For Natural Gas

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With natural gas prices the determining factor in a wide and growing array of energy industry decisions, the reliability of the massive expansion in reserve availability estimates is increasingly under review.

Searching for natural gas deposits has become increasingly sophisticated, with satellites and seismic testing that searches underground in ways that old-fashioned wildcatters could only dream of. The estimates are still extraordinarily sketchy, however, with more than a quarter of current reserve forecasts still characterized as “speculative” by the science heavy-weights sitting on the Potential Gas Committee. Keep reading →

 /  Published July 18, 2011 at 6:00 AM

The Solar Powered Oil Rig

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Oil companies using steam-driven enhanced oil recovery now have a cheaper and greener option.

Instead of using natural gas to generate the steam that is injected into reservoirs to force oil to the surface, GlassPoint Solar, a Fremont, California-based company has developed a new technology that utilizes solar power. Keep reading →

 /  Published July 14, 2011 at 6:00 AM

Green Oil?

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This video shows algae, which eats carbon dioxide and excretes oil, in action. Over time, the biomass falls away to the bottom and leaves the oil at the top.

This technology is part of a new movement towards green oil, including products like ethanol, biofuels and oils like this one from algae. While the number of companies working on extracting the oil has multiplied, few companies specialize in harvesting the algae itself. Keep reading →

 /  Published July 13, 2011 at 6:00 AM

Feed Me With CO2

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Producing oil from algae is cool, its green, its clean and it may also allow coal plants to continue producing emissions-intensive electricity.

In an interview with Breaking Energy, OriginOil CEO Riggs Eckelberry said that with its high consumption of CO2–it takes two tons of carbon dioxide to feed one ton of algae–the green species can be a major asset in the effort to curb carbon emissions. Keep reading →

 /  Published July 13, 2011 at 6:00 AM

To Build Or Not To Build, New Jersey Asks

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A New Jersey fight over new electric generating capacity raised a wide range of fundamental power market issues as it intensified late last week.

New Jersey’s top utilities regulator clashed with the head of the grid manager PJM on Friday over plans to build three new gas-fired power stations in a bid to bring down high retail electricity costs. Keep reading →

 /  Published July 11, 2011 at 10:45 AM

Coffee With The Governor: George Pataki

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When talking with Governor Pataki, it isn’t necessary to clarify which position you are talking about when you ask him if he’ll “run.”

The looming presidential election of November 2011 has begun to exert a kind of gravitational pull on everything the former New York governor does with his days, which since leaving elected office a little more than four years ago includes working at the New York office of law firm Chadbourne & Parke LLP, running a consulting firm Pataki-Cahill and lending his support to the deficit and debt-reduction effort No American Debt. Keep reading →

 /  Published July 8, 2011 at 11:00 AM

Hydraulic Fracturing Goes Underground: Part Two

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This video, made by Chesapeake Energy, is the second of a two-part video series that explains the science behind its method of hydraulic fracturing to extract underground natural gas that is captured in shale rock.

The visuals show high-pressured water cracking open the rock and allowing for natural gas to come up to the surface through the company’s well. The first video focuses instead on the actual process of drilling the initial well. Keep reading →

 /  Published July 8, 2011 at 6:00 AM

The Physics Of Hydraulic Fracturing: Part One

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With all the recent hype about hydraulic fracturing or “fracking” for natural gas, and concerns about possibilities of underground drinking water contamination, it may be easy to lose sight of the real physical work that takes place and the technology involved.

This video is the first of a two-part Chesapeake Energy video series that uses graphics to portray exactly what is done in drilling and pumping water into an underground shale. Keep reading →

 /  Published July 7, 2011 at 2:00 PM

Pataki Gets Presidential Over Energy, Fracking Policies

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Disappointment with energy and debt policy in the US may prompt a Republican presidential bid from former New York Governor George Pataki.

Pataki told Breaking Energy today that he is thinking about running for President, capping a career that has included state governor, state senator, and mayor. Pataki is currently also Counsel at the New York office of law firm Chadbourne and Parke LLP. Even if he doesn’t run, Pataki said he will “get actively involved” in the race. Keep reading →

 /  Published July 7, 2011 at 1:25 PM

Europe Goes to India

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After over ten months of deliberation, India’s Cabinet Committee on Economic Affairs (CCEA) approved the Vedanta Resources‘ request to purchase Cairn Energy.

With its lack of experience in the oil and natural gas industry, London-based metal mining company Vendanta Resources’ purchase of Cairn Energy’s local India unit may be a bold move that illustrates what some in the industry say are lucrative potentials in the natural gas industry. Keep reading →

 /  Published July 5, 2011 at 2:00 PM
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