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Where In The World Is The Shale Gas Revolution?
Where In The World Is The Shale Gas Revolution? As it stands the global shale gas revolution is missing in action. To be sure, its impact in the United States – and the subsequent ripple worldwide – was nothing short of game-changing, but the wave of enthusiasm has yet to produce substantial results outside of […]
Shale Gas Reality Check
Shale Gas Reality Check In October 2014, Post Carbon Institute published the results of what likely remains the most thorough independent analysis of U.S. shale gas and tight oil production ever conducted. The process of drilling for shale gas and tight oil is known colloquially as “fracking” and has drawn a great deal of controversy—considered […]
Higher-risk ‘Shallow Fracking’ More Common than Suspected: Study
Higher-risk ‘Shallow Fracking’ More Common than Suspected: Study Lessons for BC, Alberta in new Stanford report. The fracking of oil and gas less than a mile from aquifers or the Earth’s surface now takes place across North America with few restrictions, posing increased risk for drinking water supplies, says a new Stanford study. The study examined […]
Fracking Industry Has Changed Earthquake Patterns in Northeast BC
Fracking Industry Has Changed Earthquake Patterns in Northeast BC Impact on groundwater and migrating gases mostly unknown, critics say. A special report. New research and presentations by both provincial and federal scientists show that the shale gas industry, which the B.C. government hopes will eventually supply proposed liquefied natural gas terminals with fracked gas, has caused […]
Greenwash: Shell May Remove “Oil” From Name as it Moves to Tap Arctic, Gulf of Mexico
Greenwash: Shell May Remove “Oil” From Name as it Moves to Tap Arctic, Gulf of Mexico Shell Oil has announced it may take a page out of the BP “Beyond Petroleum” greenwashing book, rebranding itself as something other than an oil company for its United States-based unit. Marvin Odum, director of Shell Oil’s upstream subsidiary companies in the Americas, told Bloomberg the name Shell […]
Another 4.4 Magnitude Industry Reported Quake in Alberta
Another 4.4 Magnitude Industry Reported Quake in Alberta Chevron shuts down operations following seismic event near Fox Creek. Chevron Canada has confirmed that “a magnitude 4.4 seismic event was recorded by seismic monitoring arrays operated by Chevron Canada and Natural Resources Canada” in the Duvernay shale near Fox Creek, Alberta on Saturday. It’s the second […]
Widely-Used Tool Can Lowball Methane Pollution Rates, Scientists Report, With Huge Implications for Climate Policy
Widely-Used Tool Can Lowball Methane Pollution Rates, Scientists Report, With Huge Implications for Climate Policy An EPA-approved methane sampler widely used to measure gas leaks from oil and gas operations nationwide can dramatically under-report how much methane is leaking into the atmosphere, a team of researchers reported in a peer-reviewed paper published in March. The researchers, one […]
8 States Dealing With Huge Increases in Fracking Earthquakes
8 States Dealing With Huge Increases in Fracking Earthquakes A new report, released Thursday from the U.S. Geological Survey (USGS), identified eight states in the eastern and central U.S. where fracking operations have led to dramatic increases in earthquakes, primarily from the injection of the wastewater byproduct of drilling operations into underground wells. This process can activate faults that in […]
Rig Count Data Shows Gulf States Cranking Up Pressure On The U.S.
Rig Count Data Shows Gulf States Cranking Up Pressure On The U.S. The global rig count statistics published by Baker Hughes provide a crucial industry activity indicator and some of the most up to date industry statistics available. This is a short report updating international statistics to March 2015 and US statistics to 10 April 2015. Figure […]
Shale Gas and Fracking: The science behind the controversy
Shale Gas and Fracking: The science behind the controversy Anyone looking for a comprehensive review of the controversies associated with fracking is going to be disappointed by this short book. After having ploughed almost all of its 170 pages I found, near the back, the following sentence: “I won’t go through all of the contested issues, […]
Germany’s Merkel Comes Out as Basically a U.S. Agent
Germany’s Merkel Comes Out as Basically a U.S. Agent On Wednesday, April 1st, German Chancellor Angela Merkel’s cabinet approved a measure to bring fracking (the patents for which are owned mainly by “large American companies, including Halliburton, Baker Hughes and Schlumberger”) into Germany. This is a prelude not only to U.S. President Obama’s secret Trans-Atlantic Trade & […]
Calls For Immediate Shutdown Of Illegal California Injection Wells As Regulators Host ‘Aquifer Exemption Workshop’
Calls For Immediate Shutdown Of Illegal California Injection Wells As Regulators Host ‘Aquifer Exemption Workshop’ While California legislators are calling for immediate closure of the thousands of injection wells illegally dumping oil industry wastewater and enhanced oil recovery fluids into protected groundwater aquifers, regulators with the state’s Division of Oil, Gas and Geothermal Resources (DOGGR) were holding an “Aquifer […]
The Shale Debt Redux
The Shale Debt Redux Shale debt, falling prices and slack demand has tight oil producers in trouble. And yet, there is still burgeoning production. Why? Well, we’ve seen this before. It’s the shale debt redux. Operators did it a few years ago in natural gas and prices have yet to recover. Unfortunately cheap money in […]
Natural Gas Prices To Crash Unless Rig Count Falls Fast
Natural Gas Prices To Crash Unless Rig Count Falls Fast Spending cuts for oil-directed drilling have dominated first quarter 2015 energy news but rig counts for shale gas drilling are too high. Investors should pay attention to this growing problem. Bank of America fearssub-$2 gas prices now that winter heating worries are over. Low natural gas […]
Has California’s Fracking Boom Already Gone Bust?
Has California’s Fracking Boom Already Gone Bust? We accelerate down the runway — a tiny asphalt strip next to Taft Skydiving. Our little Piper Cherokee lifts off and as we ascend, I peer out the window. Below us is California’s Kern County and more than a century of oil exploration — from the gushers of […]
