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Oil Shale: The Next Fossil Energy Boom?

February 2nd, 2012 | Comments Off | Posted in Geology.com

The current fossil energy boom in the United States is natural gas from shale. The next one could be oil shales .

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Azerbaijan Oil and Natural Gas Report

January 15th, 2012 | Comments Off | Posted in Geology.com

“ Oil and gas development and export is central to Azerbaijan’s economic growth and the country is one of Caspian region’s most important strategic export openings to the West.” Quoted from the EIA report.

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Ohio Injection Well Temporarily Closed

January 4th, 2012 | Comments Off | Posted in Geology.com

The Ohio Department of Natural Resources has temporarily shut down a waste injection well that is suspected to have triggered earthquakes . The state has nearly 200 other injection wells that have not been associated with seismic activity.

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1/3 of Bakken Gas is Flared

December 29th, 2011 | Comments Off | Posted in Geology.com

The Energy Information Administration reports that about 1/3 of the natural gas produced from the Bakken Formation of North Dakota is flared instead of marketed because natural gas pipelines are not present in the production area or they can not accept additional gas.

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Gas Fracking

December 29th, 2011 | Comments Off | Posted in Geology.com

Jadela Oil recently used 5000 barrels of liquid propane and butane to frack a horizontal well in Maverick County, Texas . When gas is used for fracking it can be recovered and sold or recycled instead of being a disposal problem.

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Economic 
Impacts of
 Marcellus
 Shale 
in 
Pennsylvania

December 22nd, 2011 | Comments Off | Posted in Geology.com

“This 
study 
examines 
how 
several 
key 
unexplored 
aspects
 of 
Marcellus 
Shale 
natural 
gas 
development 
in
 Pennsylvania 
 will 
affect 
the 
overall 
economic 
impact 
occurring 
in 
the 
Commonwealth.
 

Where 
leasing
 and 
royalty 
dollars 
are 
actually 
going, 
and 
how 
they 
are 
being 
spent, 
has 
not 
been 
examined 
in 
previous
 economic 
studies.” Quoted from the report’s abstract.

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Malaysia Energy Review

December 15th, 2011 | Comments Off | Posted in Geology.com

Malaysia is a significant producer of oil and natural gas located along important ocean shipping routes of the energy industry. The country has enormous natural gas reserves and is the world’s third largest exporter of LNG .

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Global Energy Demand Growth

December 9th, 2011 | Comments Off | Posted in Geology.com

The ExxonMobile 2012 Outlook for Energy has a chart that compares current demand for energy sources with the forecast demand in 2040. Demand for all sources of energy increases. Although wind and solar demand grows rapidly, in 2040 their total use is still dwarfed by the demand for oil, gas and coal .

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Shell Finds Shale Gas in China

December 9th, 2011 | Comments Off | Posted in Geology.com

Shell and PetroChina drilled two vertical wells to test the natural gas potential of shales in the Sichuan Basin. China is thought to have the largest recoverable shale gas resource in the world but it remains untested.

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Strong Increase in Natural Gas Production

December 8th, 2011 | Comments Off | Posted in Geology.com

Since January 2005 the daily production of natural gas in the United States has risen from about 55 billion cubic feet per day to nearly 75 billion cubic feet per day.

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