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Tag Archives: shale

Shale vs. conventional: Which produces more greenhouse gases?

Oil and gas extracted from tight shale formations such as the Bakken produces greenhouse gas emissions similar to conventional oil fields, according to two studies released by the United States Department of Energy’s Argonne National Laboratory. As reported by The Bakken Magazine, early estimates predicted that shale production might generate up to 20 percent more greenhouse gas emissions than oil ...

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RPT-DEALTALK-US shale firms turn to private equity as market funding tails off

(Repeats with no changes to text) HOUSTON, Aug 14 (Reuters) – A renewed slide in crude prices is having the effect U.S. energy sector dealmakers and private equity managers have been looking for: oil companies are now returning calls from potential buyers. Throughout much of the crude market rout that started in mid-2014 oil firms could rely on generous capital ...

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Shale News app now available in both Apple and Android markets

Shale Plays Media is pleased to announce the launch of their new comprehensive mobile news application, providing energy industry headlines and Shale Plays Media exclusive stories. The application features content from its network of six news sites including breaking headlines as well as up-to-date business, housing, jobs, and industry news from across the globe. The application also features current weather ...

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Shale sector won’t gut area workforce

oilworker

Shale gas companies have started dialing back on spending to help offset a sudden drop in prices, but analysts don’t expect wide-scale layoffs and shutdowns in Appalachia like those prompted in other areas by the oil crash. “Gas prices were already depressed, so Marcellus operators already were running lean and mean,” said Andrew Byrne, director of North American equity analysis ...

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Government predicts shale slowdown as oil falls

NEW YORK — As oil’s long slide continued, the Energy Department forecast Tuesday that production from U.S. shale operators will begin to tail off in the second half of the year. The decline would mark the first such drop in what has been a 6-year boom in U.S. onshore crude production. The price of oil fell Tuesday, dipping briefly under ...

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Crowdsourcing the shale

Oil and gas companies may have the money to pay research analysts for quality data, but public interests have the numbers on their side. Several crowdsourcing efforts have sprung up to generate, hone or analyze data about shale gas development in Pennsylvania, and they all rely on volunteers to contribute time and knowledge. As more people participate, the information, whether ...

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Poll: Oil prices likely to rebound in second half of 2015

Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in U.S. shale production counters a supply glut exacerbated by OPEC’s decision not to cut output, a Reuters monthly survey showed. The Organization of the Petroleum Exporting Countries’ agreement last month to stand pat on output meant the onus for any supply ...

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