U.S. shale oil production expected to lead the world
U.S. shale is expected to expand oil production by millions of barrels per day in upcoming years, the federal government anticipates. Globally, shale oil production, led by the U.S. is expected to...
View ArticleU.S. oil drilling rigs up sharply
The number of drilling rigs working in the U.S. rose sharply from a week ago. The rig count climbed by 17 to 481 compared to a week ago, the latest Baker Hughes report shows. The number of rigs is...
View ArticleU.S. increasing crude oil exports
The United States is increasing the amount of crude oil it exports, the federal government reports. From the Energy Information Administration: "The number of countries receiving exported U.S. crude...
View ArticleShale natural gas production to significantly grow
The amount of natural gas from shale is expected to signifcantly grow in upcoming years, particularly in the United States.. The U.S. Energy Information Administration reports: " ...natural gas...
View ArticleNew Utica Region productivity report is released
The new (August) federal Utica Region drilling productivity report is out. The report is here.
View ArticleEPA advisory board asks for changes in fracking drinking water study
The EPA Science Advisory Board has written a 180-page document offering suggestions and asking for changes to a major EPA assessment report on fracking and its impact on drinking water. The document...
View ArticleUtica Shale drilling rigs drop by 2
The number of drilling rigs in the Utica Shale and Point Pleasant Shale areas of Ohio fell to 14 as of Aug. 16, down from 16 a week, the Ohio Division of Natural Resources reported Tuesday. The number...
View ArticleCarbon emissions from natural gas expected to surprass coal soon
Carbon emissions from burning natural gas are expected to surpass emissions from burning coal, the federal government says. That's not because natural gas emits more carbon dioxide but because coal...
View ArticleU.S. shale fracking may create a sand boom
When it comes to determining the health of the U.S. shale industry, follow the sand, Oilprice.com writes: "When oil companies talk about constantly improving the efficiency of their wells, one common...
View ArticleOil, gasoline inventories slowly dropping
While the United States still has historically high stockpiles of crude oil and gasoline, those inventories are starting to drop, Fuelfix.com reports: "Although oil and refining production levels are...
View ArticleUtica Shale still has growth potential, oil executive says
A Texas energy company chairman thinks highly of the growth prospects for Ohio's Utica Shale, Columbus Business First reports: "Kelcy Warren, chairman of Dallas, Texas-based pipeline Energy Transfer...
View ArticleStark State's ShaleNET program expands
Stark State College is expanding its role in the ShaleNET program: "Stark State has been awarded $506,483 from Ohio’s Education Innovation program to provide ShaleNET education and training to...
View ArticleOhio Oil and Gas Association gives Tom Stewart its Oilfield Patriot Award
Tom Stewart, the former executive vice president of the Ohio Oil and Gas Association, was recently presented with the association's Oilfield Patriot Award. Here's the news release: During an August 15...
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Shakeup at A. Schulman Inc.: Chairman Gingo back as CEO
Struggling Fairlawn polymer company A. Schulman Inc. has replaced its chief executive officer with Chairman and former CEO Joe Gingo. “The board and Bernard Rzepka, president and chief executive...
View ArticleUtica Shale natural gas production to increase for decades
The Utica and Marcellus shales are expected to increase natural gas production through 2040, the federal government reported Monday. From the Energy Information Administration: "The two Appalachian...
View ArticleU.S. drilling rigs rise by 10
The number of drilling rigs working in the U.S. as of Aug. 19 rose by 10 from a week ago to 491, according to the latest Baker Hughes report. The number of rigs is down 394 from the same period in...
View ArticleLarge increase in U.S. shale drilling rigs tied to oil price rise
U.S. shale drillers have dramatically increased the number of working rigs as oil prices have gone up, fuelfix.com reports. Fuelfix.com: "U.S. producers have put 76 oil rigs back to work in eight...
View ArticleRising oil prices test 'shale band' theory
The Wall Street Journal writes that the so-called "shale band" theory is being tested: "The return of oil prices to about $50 a barrel presents a test for an idea that gained currency early after the...
View ArticleWindfall profits 10 years ago, now a record $184 billion in debt
Slumping oil prices have led to a record $184 billion in debt for four of the world's largest energy companies. The Wall Street Journal reports: "The soaring debt levels are a fresh reminder of the...
View ArticleHere are the dominant companies in the Utica Shale
The Motley Fool investment advice web site takes a look at the major companies tapping the Utica Shale: "Due to the energy market downturn, Ohio's production will not grow that rapidly in 2016....
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