Cabot Oil & Gas Corp. is reducing costs and lowering emissions at its Marcellus shale operations by using natural gas as fuel for its equipment.
Last year was an eventful one for hydraulic fracturing. Use of the completion technology helped to dramatically boost US oil and gas production—tight oil production from the Bakken and Eagle Ford formations alone increased by 700,000 b/d during the year, and gas production from the Marcellus shale jumped to 13.5 bcfd.
At a site in drought-stricken West Texas, Apache Corp. has devised a system to hydraulically fracture wells in the prolific Wolfcamp shale without using fresh water.
When word first got out that the rural city of Cambridge, Ohio, sat atop a bounty of resources in the Utica shale, the president of the local chamber of commerce wasted no time laying the groundwork for the expected push for development.
Operators in Ohio must submit production data for horizontal wells to the Ohio Department of Natural Resources more frequently in 2014, thanks to a measure contained in the state's biennial budget bill signed into law by Gov. John Kasich (R) last summer.
Midstream companies like MarkWest Energy are working hard to increase gas gathering, processing, fractionation, and takeaway capacity to service the rising amount of wet gas production from growing shale plays in the Northeastern US.
The surge in gas production in the Marcellus shale and imminent follow-on supply from the Utica shale have created a need for processing capacity to extract and fractionate NGLs and pipelines to move the hydrocarbons both within the region and between the producing area and Gulf Coast.
Development of the Marcellus shale has made Pennsylvania the fastest-growing natural gas-producing state, the US Energy Information Administration reported.
Since 2010, more than 20 states have adopted new laws or regulations specific to hydraulic fracturing, a technology that, along with horizontal drilling, has given exploration and production companies the ability to more economically tap into the US's vast unconventional hydrocarbon formations.
The government of Nova Scotia, Canada, was preparing in December to consider legislation that would ban the importation of hydraulic fracturing wastewater into the province.
Following 2 years of tepid growth, North America is poised to see an acceleration of exploration and production spending in 2014 as US operators move into full scale development of unconventional resource plays.
Australian resource conglomerate BHP Billiton is ramping up its activity in unconventional resource plays in the US. Since entering the US shale business 3 years ago, the company has grown into one of the top producers in the Eagle Ford shale.
Devon Energy Corp. plans to spend nearly $1.3 billion to increase its Eagle Ford shale production nearly 40% in 2014 as the company begins full-scale development of its new position in the booming South Texas play.
Persistent institutional indecisiveness by elected officials in New York State has placed the state in the position of not having a statewide policy addressing the issue of energy development as it relates to hydraulic fracturing in the oil and gas industry.