Welcome to Our New Blog!

Posts Tagged ‘Shale Gas’

EIA’s Annual Energy Outlook 2011

Posted by

The EIA released its Early Release of the Annual Energy Outlook for 2011 (AEO2011) last week. This annual report examines energy market trends and potential directions they may take in the future.  Highlights from the report include:

Expectations for higher shale gas resources

EIA expects shale production to increase as a result of  an increased estimate of natural gas resources.   Larger resources lead to about double the shale gas production than was projected in 2010. Continued increases in shale gas are expected to offset declines in other sources of U.S. supply and help to meet consumption growth into 2035 (Figure 1).


Continue reading >>

Read More

USGS Survey Study Shows Promising Future for Natural Gas Production in North Dakota & Montana

Posted by

Graphic source: USGS

Since the U.S. Geological Survey (USGS) assessment of the Bakken Shale Formation was released well over a year ago, my colleagues and I have been analyzing the implications of the USGS’s findings on the future production of natural gas. The USGS is known as the only source of publicly available information pertaining to undiscovered, technically recoverable oil and gas resources.

Their assessment of the Bakken Shale Formation in Montana and North Dakota has shown a significant impact on our nation’s potential as a…
Continue reading >>

Read More

New Drilling Technology Changes the World Markets

Posted by

Image of a shale shaker isolating drill cuttings from the drilling fluids

The supply and demand relationship for natural gas has been very tight for a long time.  Currently the United States is producing about 61BCF a day and using about 64 BCF a day.  The shortfall between daily production and usage comes out of storage.  This shortfall flip flops as the weather heats up and we are able to refill the storage.  In the last decade the push was to import LNG from around the…
Continue reading >>

Read More

How Does the Next Generation Change the Natural Gas World

Posted by

As one of the oldest and cleanest sources of energy available today, natural gas is starting to move to the forefront again.   The industrial community has long been using natural gas to power production of everything from plastic bottles to bricks and even candy. It’s efficient, clean, and delivers a high btu (British thermal unit – a measure of heat) output. 

Some businesses spend millions of dollars each year on natural gas with little understanding of the factors that most influence their spending.  I’d like to change that with…
Continue reading >>

Read More