Marcellus/Utica Natural Gas Resource Has Nearly Doubled Since 2012

By David Middleton – Re-Blogged From WUWT

USGS Estimates 214 trillion Cubic Feet of Natural Gas in Appalachian Basin Formations

Release Date: OCTOBER 3, 2019

The Marcellus Shale and Point Pleasant-Utica Shale formations of the Appalachian Basin contain an estimated mean of 214 trillion cubic feet of undiscovered, technically recoverable continuous resources of natural gas, according to new USGS assessments.

“Watching our estimates for the Marcellus rise from 2 trillion to 84 trillion to 97 trillion in under 20 years demonstrates the effects American ingenuity and new technology can have,” said USGS Director Jim Reilly. “Knowing where these resources are located and how much exists is crucial to ensuring our nation’s energy independence.”

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The Case for Carbon Capture and Sequestration (CCS)

By David Middleton – Re-Blogged From WUWT

EPA Drilling Regulations Remain Underrated Obstacle to Solving Global Warming

Meeting the goals of the 2015 Paris Agreement to limit global warming will be impossible unless the United States leads the way.

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What remains is CCS technology, which the oil and gas industry has used to enhance the recovery of oil for the past nearly 50 years. Each year, this technology already traps more than 60 million tons of carbon dioxide permanently underground, preventing it from entering the atmosphere and contributing to global temperature increases. Congress has incentivized industrial companies to invest in this kind of CCS technology through tax breaks, but companies still are running into problems. Of paramount concern is the Environmental Protection Agency’s oversight of the well-drilling that is the necessary prerequisite for storing CO2 underground.

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Norwegian Oil Pioneer: Big Oil’s Exodus Has Started

Smaller independent oil and gas producers will have more opportunities to develop resources on the Norwegian Continental Shelf (NCS) because in ten years’ time all oil majors except state-participated Equinor will have left Norway’s offshore, the head of a small Norwegian oil firm told Reuters on Tuesday.

“I don’t think we will have any majors on the Norwegian continental shelf in 10 years. Equinor will be the only one left because of the state’s ownership,” Erik Haugane, co-founder and chief executive at OKEA, told Reuters on the day on which the company’s stock started trading on the Oslo Stock Exchange, after a successful completion of an initial public offering (IPO).

No New Natural Gas Hookups in New York’s Westchester County

By Reuters – Re-Blogged From Yahoo

New York energy company Consolidated Edison Inc said on Friday it still plans to impose a moratorium on new natural gas service in parts of Westchester County after March 15 despite a $250 million plan by the state to reduce energy usage.

“The moratorium will still go into effect after March 15,” Con Edison spokesman Allan Drury said, noting the company needs to stop hooking up new gas customers to avoid compromising gas system reliability because of limited space on existing interstate pipelines into the region.

Westchester County is north of New York City.

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The State of Shale Gas and Oil in the U.S.A. Today

By Andy May – Re-Blogged From WUWT

A few news items from The Shale Gas News, by Bill desRosiers of Cabot Oil & Gas. The main paragraphs below are adapted from desRosiers, but I’ve added some detail. Things are looking very good for the U.S. oil, gas and coal industries.

Coal vs Natural Gas Forecast

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

Over the past 10 months or so, articles like this have been a “dime-a-dozen”…

ENERGY TRANSITIONS

Coal plants keep closing on Trump’s watch

Benjamin Storrow, E&E News reporter
Climatewire: Tuesday, February 21, 2017

In the next four years, utilities have plans to close 40 coal units, federal figures show. Six closures have been announced since Trump’s victory in November.

E&E News

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