26 August 2016
SHALE GAS Stories
[629 - Showing Results 1 to 30]
Senex hopeful on unconventionals
(Friday, 26 August 2016)
SENEX Energy CEO Ian Davies has told
that the Brisbane junior and partner Origin Energy could make their geologically complex unconventional gas work for less than the medium-term forecast east coast gas price range – they just have to flow it at commercial rates.
AJL loss improves
(Monday, 22 August 2016)
AJ LUCAS’ long string of losses has continued, but hopes the worst of a dreadful few years is behind it with an improvement in underlying earnings, its Australian businesses performing above expectations and a likely resumption of drilling for shale gas in the UK before the end of the year.
Kinetiko aims to get moving again
(Friday, 19 August 2016)
SOUTH African gas chaser Kinetiko Energy remains confident its Amersfoort gas project is a commercial proposition despite a series of delays that have stopped further appraisal work, and it has flagged a new capital raising to help it escape its becalmed status.
Shale tech commercialised
(Tuesday, 16 August 2016)
US-BASED firm WellDog has launched its Shale SweetSpotter technology which detects, identifies and quantifies hydrocarbons in shale oil and natural gas wells following trials with Shell in the Marcellus Shale over the past two years, and the technology could ultimately help development of Australia’s undeveloped shale resources.
Empire talks up Tawallah potential
(Thursday, 11 August 2016)
EMPIRE Energy Group is talking up the potential of the frontier Greater McArthur Basin’s unconventional potential in the hopes of attracting funding, even while trudging alone with its potentially lucrative joint venture with what remains of American Energy Partners still unresolved.
Trump criticised for frac position
(Wednesday, 3 August 2016)
COLORADO Governor and former geologist John Hickenlooper has attacked US presidential hopeful Donald Trump for his seemingly contradictory statements on hydraulic fracturing after recent comments had him curiously in line with the Democratic Party’s anti-industry Left.
Buru targets 2018 development hopes
(Tuesday, 2 August 2016)
CANNING Basin player Buru Energy has successfully completed the sale of the Yakka Munga pastoral station and renegotiated the payment terms for its Alcoa facility to strengthen the wildcat explorer’s balance sheet heading into the 2016-17 field season.
Drillers innovate to survive
(Thursday, 14 July 2016)
PRE-OIL price crash levels of $US120/barrel may now be an impossible dream for oil and gas drillers, but they can look forward to further recovery next year in better shape as the downturn has forced them to innovate more and look to potentially massive opportunities for shale and tight gas in Saudi Arabia.
PNG pumped for unconventional gas potential
(Friday, 8 July 2016)
PAPUA New Guinea’s energy minister Ben Micah as confirmed the nation’s commitment to the development of a shale gas industry in the country, just days after South Pacific Resources announced that it was in line to secure the nation’s first dedicated unconventional permits over the length of PNG’s existing production.
APPEA to sweet talk Territorians
(Thursday, 7 July 2016)
THE Australian Petroleum Production and Exploration Association has weighed into the furore surrounding the Northern Territory’s emerging unconventional gas sector, announcing plans for an increased marketing campaign in an attempt to stymie plans by the ALP to bring in a moratorium on fraccing and sell the benefits of gas.
Curry ready to rumble
(Tuesday, 28 June 2016)
FAMILY-owned firm Curry Supply Company’s bullish attitude in expanding into Houston while oil prices were bottoming at just above $US26/barrel in January has been vindicated with prices surging $20 since then, but the Pennsylvania outfit told
the US shale industry it services hasn’t hit its straps yet.
Stairway to heaven
(Monday, 27 June 2016)
GAS may not glitter but it is the pathway to riches that Central Petroleum is banking on, and a recent test of the Stairway Sandstone has proven that the formation can flow pipeline quality gas at commercial rates.
Shales open doors for supply chain
(Friday, 24 June 2016)
THE Marcellus and underlying Utica shales may have helped rip the heart out of Pennsylvania’s once-thriving coal industry, but a senior county official has detailed to
how one door closing has opened other opportunities for the local manufacturing sector, which has had a long, proud history.
DMP heads off misinformation
(Thursday, 23 June 2016)
WESTERN Australia’s Department of Mines and Petroleum has released an open letter to correct what it describes is misleading information being circulated about petroleum exploration activity in the state's south west ahead of planned protests along highways this weekend as part of Lock The Gate’s Water4Life National Highway Action.
Shell fires up shale plans
(Wednesday, 22 June 2016)
UNCONVENTIONAL gas looks likely to take pride of place within Royal Dutch Shell, with the company announcing plans to put its North American shale business at the heart of its long-term growth plans.
Colorado studies point to frac concerns
(Thursday, 16 June 2016)
NEW research has been released following an extensive multi-year Colorado State University study of the impact of fraccing in Garfield County, Colorado, showing that emissions are at their highest during the flowback phase, while a separate study has found some frac fluids will not degrade after they are spilled.
Overlooked Mancos a sleeping giant
(Wednesday, 15 June 2016)
THE Upper Cretaceous Mancos Shale in Colorado might not be top of the pops for those Australian explorers who have played in the US gas space over the past decade, and shale gas in the US may not be the sexiest sector to be active, but the US Geological Survey has just dramatically upgraded the potential of the Piceance Basin play.
Laurel wet gas project robust
(Monday, 16 May 2016)
BURU Energy has kicked off the week with a substantial upgrade to the upside at its shut-in Ungani oil field and revealing that its Laurel Formation unconventional wells flowed at initial peak rates of 44 million cubic feet per day.
Santos flags renewed shale hunt
(Friday, 6 May 2016)
SANTOS chairman Peter Coates has left the door open to restarting industry's abandoned Cooper Basin shale hunt down the track and his new CEO warned more jobs will go, as the pair faced shareholder anger at this week's AGM over the company’s slowness to react to low oil prices.
No surprises in Lazarus report
(Friday, 6 May 2016)
THE interim report for the Senate’s Bender Inquiry has been predictably split along party lines, with chairman Senator Glenn Lazarus and the Greens finding serious issues with unconventional gas extraction and Labor and Liberal senators concluding the practise can be safely managed.
Wildcatter warns on service costs
(Friday, 6 May 2016)
TO misquote 1980s singer Feargal Sharkey, a good rig these days is hard to find, and that’s especially true when you want to drill wildcat wells in somewhere as isolated as Western Australia’s remote Canning Basin in what is a less-than-supportive oil price environment.
Falcon upbeat despite ban risk
(Friday, 29 April 2016)
IRISH-based Falcon Oil & Gas is plunging ahead with work in the Beetaloo Basin in the hope that the next Northern Territory government will not ban fraccing, a threat which has prompted Total, American Energy Partners and Pangea Resources to curtail investment until there is certainty on the ground.
More fallout from ACCC report
(Wednesday, 27 April 2016)
ANTI-CSG group Lock The Gate Alliance said last week’s dry economic look by the Australian Competition and Consumer Commission completely missed the point, ignoring the concerns in the community about the uncosted impacts of unconventional gas, while Commonwealth Resources Minister Josh Frydenberg says the ACCC report supports expanding unconventional gas in Australia.
Compromise sought in NT frac debate
(Wednesday, 20 April 2016)
FRACCING is boiling over as a red hot issue with the Northern Territory marching off to an election on August 27, with Labor proposing a moratorium, former NT opposition leader Delia Lawrie saying the issue should be put at a referendum, and NT Chief Minister Adam Giles rubbishing the idea.
Giles hits out at fraccing moratorium
(Tuesday, 1 March 2016)
LABOR has not even been elected in the Northern Territory but it is already causing job losses, according to Chief Minister Adam Giles’ government, with Pangaea Resources reportedly sacking 140 workers and putting plans to drill a number of wells in the MacArthur Basin on hold.
Shale gas to shake global market
(Thursday, 18 February 2016)
THE rise of shale and CSG will have significant implications over many years for both markets and prices, according to a new report from the World Energy Council.
Challenger hopeful of SA movement
(Tuesday, 22 December 2015)
SOUTH Africa needs to deal with its energy crisis in 2016 by allowing shale gas exploration to finally get underway, according to Challenger Energy chairman Michael Fry.
Global shale resources increased
(Thursday, 17 December 2015)
WHILE Australia’s shale industry stalls amid low oil prices and hopes of a shale boom disintegrate across Europe, the Energy Information Administration has upped its global assessed total resource estimate for shale oil by 13% and 4% for shale gas after a review of technically recoverable shale resources for four more nations.
UK Task Force urges shale go-ahead
(Wednesday, 16 December 2015)
THE UK’s Task Force on Shale Gas has urged the government and local communities to get cracking on exploratory drilling so operators can build investment cases to start building the industry that the government claims will save the country’s energy security.
Shale saving plan from IHS
(Tuesday, 8 December 2015)
IHS has identified several “pockets of technological excellence” that it believes offer the greatest potential to impact near-term oil and gas industry costs that could save the US shale sector.
Papua New Guinea
Northern Endeavour slapped with notice
Smooth start for TAN plant
Union’s waiting game post-Gorgon leak
CSIRO to test Surat CSG air quality
Mixed views on services sector
LWP bets big on recovery
ConocoPhillips rejects FAR claims
Montara legacy lingers
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