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Zika and GTL
In previous posts I have talked about the overabundance of natural gas on the domestic market as a consequence of the shale revolution. This surplus gas has predictably led to low prices, which has in turn led operators to search for new markets. Pipeline sales to Northeast Canada and Mexico, liquefied natural gas exports, renewed… Read More
Innovation and Resilience
Domestic shale producers continue to demonstrate an impressive degree of resilience and creativity in finding ways to cut costs and enhance oil and gas production. As oil has dropped back down to near $40 per barrel, this will help them maintain economic viability. “Rigzone” reports that Noble Energy, Devon Energy, Occidental Petroleum and Pioneer Natural… Read More
Refracturing Success
A recent article in “World Oil” relates encouraging results from refracking gas wells in the Haynesville shale of Southwest Arkansas, Northwest Louisiana, and Northeast Texas. While the article was written by Schlumberger, and reads like an infomercial, it is nevertheless informative and encouraging. Comstock Resources wanted to optimize production from its gas wells in the… Read More
GlassPoint Solar
In the year 2000, the World Economic Forum established its Technology Pioneers program to recognize those companies which had significantly impacted business and society through technological innovation. The focus has been specifically on the IT, health, energy, environment, food and financial services sectors. “World Oil” reports that GlassPoint Solar has been selected as this year’s… Read More
Shale’s Future
Innovation and creativity have typified the shale revolution since its inception. Conceived in the union of horizontal drilling and advances in hydraulic fracturing, a new industry was born. Consequently, previously known, but uneconomic, reserves were finally productive. With prices over $100 per barrel the boom was on. When prices dropped to $50 per barrel, shale… Read More
