Articles by: Shale News

Shale Rail Means Cheaper Gas for California; the Lack of a Natural Gas Pipeline Means Higher Winter Heating Prices in …

Last week there was an article in the Wall Street Journal (WSJ) describing how shale rail – oil produced by “fracking” shale rock – is finally moving to California.  Crude oil is worthless if it can be transported to refineries.  …

October 16, 2014 - 3:00 pm Energy RSS

Chesapeake sells shale assets to Southwestern Energy for $5.375 billion

NEW YORK (MarketWatch) — Chesapeake Energy Corp. said Thursday it's selling shale assets to Southwestern Energy Co. for $5.375 billion. The assets based in the Southern Marcellus Shale and a portion of the Eastern Utica Shale in West Virginia comprise …

October 16, 2014 - 8:21 am Energy RSS

Chesapeake sells shale assets to Southwestern Energy for $5.375 bln

Chesapeake sells shale assets to Southwestern Energy for $5.375 bln

October 16, 2014 - 8:18 am Energy RSS

OPEC Finds U.S. Shale Harder to Crack as Rout Deepens

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. The Organization of Petroleum Exporting Countries boosted output by the most in 13 months in September, even as …

October 15, 2014 - 12:38 pm Energy RSS

US bid for oil supremacy shakes crude market

New York (AFP) – Propelled by surging shale output, the United States is fighting for supremacy in the global oil market even as a pullback in crude prices threatens to challenge the boom.

October 15, 2014 - 11:03 am Energy RSS

U.K. Labour Party Backs Tighter Shale Gas Rules to Ensure Safety

The U.K. should tighten regulations on shale gas extraction to ensure fracking is safe and doesn’t harm the environment, the opposition Labour Party said.

October 15, 2014 - 8:39 am Energy RSS

OPEC Finding U.S. Shale Harder to Crack as Rout Deepens

OPEC is resisting pressure to cut oil production while demand slumps as it tests how low prices must go to make U.S. shale oil unprofitable. As producers become more efficient, that floor is sinking.

October 14, 2014 - 9:53 pm Energy RSS

Market Extra: Why cratering oil may not crush shale producers

Oil prices are plunging, but it will take a steeper drop to push a significant amount of shale production below breakeven, according to an analysis by the International Energy Agency.

October 14, 2014 - 3:56 pm Energy RSS

U.S. Shale Oil Output Growing Even as Prices Drop: EIA

Oil output is expected to grow in all major U.S. shale plays in November despite falling global prices as drillers become more efficient.

October 14, 2014 - 3:46 pm Energy RSS

Shale Boom: Gold Rush–Panning for Opportunities

The United States is at the cusp of an energy revolution triggered by the shale gas boom and intensified by the tight oil boom. This creates tremendous opportunities for motor and drive manufacturers to offer appropriate solutions needed to overcome …

October 14, 2014 - 1:19 pm Energy RSS

Argentina Is On The Verge Of A Huge Boom In Shale Oil Fracking

Physical conditions, energy demand, and geography could play in favor of the Latin American country.

October 14, 2014 - 12:19 pm Energy RSS

The future of shale: O&G capital challenges and opportunities

HOUSTON, Oct. 14, 2014 /PRNewswire/ — For US producers, shale success amid lower oil prices is increasingly dependent on the basin and operator, panelists explained during EY Oil & Gas Center's Energy Executive Insight Session (EEIS) on Thursday, 9 October, …

October 14, 2014 - 9:00 am Energy RSS

Shale Gas Market to Grow at a CAGR of 9.3% During 2014-2020

Big Market Research adds a report titled "Global Shale Gas Market (Technology, Application and Geography) – Industry Analysis, Trends, Share, Opportunities and Forecast, 2013 – 2020." The report forecasts the global shale gas market to attain a value of $104.1 …

October 14, 2014 - 8:55 am Energy RSS

Black Gold: Oil Extraction In the U.S. Boosting Economy

The shale revolution in America is helping to bring oil prices lower, keep gas prices down, and give the economy a boost in the process. But fracking has taken the spotlight for a number of different economic and environmental reasons.…

October 13, 2014 - 3:05 pm Energy RSS

Here's why shale oil stocks are tanking

Shale oil stocks are tanking amid two crude realities: oil prices at multi-year lows and the way drilling is financed.

October 10, 2014 - 4:00 pm Energy RSS

Shale Boom Tested as Sub-$90 Oil Threatens U.S. Drillers

"If prices go to $80 or lower, which I think is possible, then we are going to see a reduction in drilling activity," Ralph Eads, vice chairman and global head of energy investment banking at Jefferies LLC, which advised 38 …

October 8, 2014 - 5:51 pm Energy RSS