This is the Marcellus shale, a family of rocks rich in fossil fuels. For Mr Wyman, owner of a local crane company, it is a site of deep reverence. “You only ever see bits and pieces of the ...
Senior Vice President and Director of Research, Federal Reserve Bank of Dallas The "shale revolution" has stimulated tremendous production of oil and natural gas in the United States. The ...
The Interior Department gave the green light to Fervo Energy’s Cape Geothermal Power Project in Beaver County, Utah, the ...
One of the first job creation reports painted a rosy picture. Published in 2010 by Penn State University and paid for by the industry, it predicted fracking the Marcellus Shale formation would support ...
This year’s reduction in drilling and fracking, combined with the push to max out efficiencies, are seen lowering per-well costs for shale operators by 6.3%, Enverus said Tuesday in a report.
Since oil and gas are lighter than saltwater, they migrate into the highest part of the rocks; that is why oil and gas exploration geologists and geophysicists search for the highest part of ...
More consolidation in the US shale sector is needed to cope with soaring costs to identify and exploit untapped oil reserves, according to Kimmeridge Energy Management Co. So-called finding and ...
Because the target shale seam is relatively thin — often only 50 to 300 feet (15 to 100 meters) thick — drilling a vertical bore through it would only expose a small amount of surface area.
A record consolidation wave has been sweeping through the U.S. shale industry. A post-COVID surge in oil prices flooded the sector with cash, and buyers have been seeking to lock up the best ...
SINGAPORE, Oct 16 (Reuters) - Sinopec (600028.SS), opens new tab is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600 metric tons per day now, up from 100 ...
Kia has revealed full details of the new Kia EV3, the company’s dedicated compact EV SUV. With its combination of bold design ...