Shale

An oil depot, or fuel farm, is seen from the air over Carson, California, February 16, 2012.

These are good times to be a diversified oil and gas company. Keep reading →


Monitoring shale gas drilling has been a central technology question for oil and gas companies seeking to take advantage of huge potential reserves in the US.

“A technology to remotely monitor conditions at energy-rich Marcellus Shale gas wells to help insure compliance with environmental requirements has been developed through a research partnership funded by the US Department of Energy,” the department announced today. Keep reading →


Foreign firms, hungry to cash in on the American energy boom, have invested nearly $6 billion in U.S. gas and oil drilling in the last few weeks. Energy giants from China, France and Spain have snapped up stakes in fields in Ohio, Mississippi, Colorado and Michigan. These investments will likely add to the recent boom in U.S. natural gas production, pushing already low natural gas prices even lower. Low domestic prices could drive natural gas producers to seek out European and Asian markets, according to analysts, where the fuel commands three or four times the price. “Of course that will” lead to more exports, said Nansen Saleri, president of the oil field consulting firm Quantum Reservoir Impact. “And it will be a tremendous opportunity.”


When the US EPA found water contamination from hydraulic fracturing in Pavilion, Wyoming, the natural gas industry cried innocence.

Many pointed out that in the Wyoming case, hydraulic fracturing (“fracking”) took place in very shallow areas close to fresh water aquifers. In most fracking locations, including the Marcellus shale, natural gas is extracted from shale thousands of feet below the fresh water, with rock separating the two layers. Keep reading →

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