Foreign Investments in US Shale|
April 18, 2013 | Energy Information Administration
Since 2008, foreign companies have entered into 21 joint ventures with U.S. acreage holders and operators, investing more than $26 billion in tight oil and shale gas plays.
Colorado Oil Production at 50 Year High|
March 14, 2013 | Denver Post
In 2012 the Niobrara Shale helped propel Colorado to its highest annual oil production levels in 50 years.
Colorado Oil Production at 50-Year High|
January 30, 2013 | Denver Business Journal
New technologies and the Niobrara Formation have enabled Colorado to have the highest level of oil production in 50 years – over 40 million barrels.
USA as World’s Top Oil Producer|
November 15, 2012 | FuelFix.com
With enormous oil and gas potential in dozens of shale plays, the United States could become the world’s leading oil producer by 2020.
Niobrara Formation Depth Tool|
October 19, 2012 | Colorado Geological Survey
The Colorado Geological Survey has an interactive map that you can use to learn the depth to the Niobrara Formation beneath part of Colorado. You can also use it to determine the depth to the Fox Hills Aquifer.
AASG on Hydraulic Fracturing|
August 12, 2012 | Association of American State Geologists
“After decades of hydraulic fracturing-related activity there is little evidence if any that hydraulic fracturing itself has contaminated fresh groundwater. No occurrences are known where hydraulic fracturing fluids have moved upward from the zone of fracturing of a horizontal well into the fresh drinking water.” Quoted from the Association of American State Geologists statement.
Water Quality Where Hydraulic Fracturing is Used|
July 13, 2012 | United States Geological Survey
The United States Geological Survey has published: “Water Quality Studied in Areas of Unconventional Oil and Gas Development, Including Areas Where Hydraulic Fracturing Techniques are Used, in the United States.”
North Dakota Needs Pipelines|
June 19, 2012 | CNBC
Record amounts of oil and natural gas are being produced in North Dakota. However, about 1/3 of the natural gas is being flared because of inadequate pipelines to carry the gas to market. This article explains why the state needs more pipelines to develop the resource efficiently.
Horizontal Wells are Costly|
May 24, 2012 | Denver Post
An article in the Denver Post discusses horizontal wells being drilled by Nobel Energy in the Niobrara Formation of Colorado. The wells go horizontal for about 9000 feet and cost about $8 million each.
April 30, 2012 | Durham University
“The chances of rogue fractures due to shale gas fracking operations extending beyond 0.6 kilometres from the injection source is a fraction of one percent, according to new research led by Durham University. The analysis is based on data from thousands of fracking operations in the USA and natural rock fractures in Europe and Africa.” Quoted from the Durham University press release.
Objections to Natural Gas Flaring|
April 10, 2012 | FuelFix.com
Drilling for oil in the shale formations of Texas and North Dakota often results in the flaring of natural gas – as some of these areas are not served by natural gas pipelines. Although this practice is somewhat of an industry tradition it is drawing increasing criticism because it wastes a non-renewable energy resource, is an economic loss, produces air pollution and contributes to climate change.
Hydraulic Fracturing Isn’t the Problem|
February 21, 2012 | University of Texas at Austin
“Hydraulic fracturing of shale formations to extract natural gas has no direct connection to reports of groundwater contamination [...] many problems ascribed to hydraulic fracturing are related to processes common to all oil and gas drilling operations, such as casing failures or poor cement jobs.” Quoted from the University of Texas at Austin press release.
Another Big Chinese Purchase of US Shale Plays|
January 4, 2012 | Business Week
Sinopec, a major Chinese oil and gas company also known as China Petroleum & Chemical Corporation Limited, will purchase a 1/3 share of Devon Energy’s holdings in five shale plays in the United States for $900 million in cash and contribute $1.6 billion towards future drilling expenses. Properties in the Utica Shale, Tuscaloosa Marine Shale, Niobrara Shale are included.
Declining Royalty Payments from Natural Gas Wells|
January 3, 2012 | Geology.com
Many property owners are very surprised when the royalties that they receive from a natural gas well on their property decline sharply. They are learning about production decline curves.