September 30, 2015 Source: U.S. Energy Information Administration; Advanced Resources International Inc. (ARI); China National Petroleum Corporation’s (CNPC) Economics and Technology Research Institute; Sinopec; and Platts Note: Component cost is based on EIA/ARI component-based cost model and assumes average well depth of 11,500 feet, with 4,000 feet of horizontal drilling. 2013 cost data are based […]
Tag Archives: Shale
August 26, 2015 Source: U.S. Energy Information Administration, , August 2015 Natural gas production across all major shale regions in EIA’s (DPR) is projected to decrease for the first time in September. Production from these seven shale regions reached a high in May at 45.6 billion cubic feet per day (Bcf/d) and is expected to […]
July 28, 2015 Source: U.S. Energy Information Administration, , July 2015 The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision and efficiency of horizontal drilling and hydraulic fracturing occurring in those regions. Since January 2012, natural gas production in the […]
June 26, 2015 Source: U.S. Energy Information Administration and Advanced Resources International, Inc., World Shale Gas and Shale Oil Resource Assessment As recently as last year, only of either natural gas from shale formations (shale gas) or crude oil from tight formations (tight oil): the United States and Canada, and more recently, Argentina and China. […]
April 17, 2015 Source: U.S. Energy Information Administration, based on data from various published studiesNote: . EIA is currently in the process of updating maps of major plays, which will help to better characterize the geology of key areas of production in the United States. EIA’s most recent maps focus on shale and tight oil […]
February 13, 2015 Source: U.S. Energy Information Administration calculations with data from DrillingInfo, Canadian National Energy Board, Cedigaz, Fact Global Energy China Monthly, Chevron, and Yacimientos Petroliferos FiscalesNote: Actual production from Canada through October 2014. November and December 2014 totals estimated. Canadian shale gas production total includes the Montney formation. Republished February 13, 2015, 10:30 […]
Algiers — The shale gas in Algeria must have a long-term position as a complementary resource in the national energy mix and should in no way be considered as “source of revenue,” export Abdelmajid Attar told APS. For the former CEO of Sonatrach, any technical and cost effective confirmation of shale gas in the next […]
Algiers — The exploitation of shale gas doesn’t represent a threat to the environment in Algeria, declared Monday a senior official at Sonatrach, mentioning some assets specific to the regions and the nature of the rocks to be fractured. Speaking during the 9th North Africa Oil and Gas Summit being held on 7-9 December in […]
November 25, 2014 Sources: U.S. Energy Information Administration, Form EIA-895, “Annual Quantity and Value of Natural Gas Production Report”; Form EIA-914, “Monthly Natural Gas Production Report”; the Bureau of Safety and Environmental Enforcement, and predecessor agencies; state agencies; LCI; DI; Ventyx; BENTEK Energy; and EIA estimates based on historical data Republished November 25, 2014, 10:15 […]