While the Marcellus is quickly gaining notoriety around the world as a massive energy producer, it could be only glimpse of the total recoverable resources in the northeast with the Utica shale in eastern Ohio.
The first large shipment of frac sand by railway from Wisconsin to Canada was received on June 3, which held 10,000 tons of resources.
With fracking increasing and coal-fired electricity generation dwindling, the newly revamped energy process could be helping the environment.
Chesapeake Energy is beginning to focus on natural-gas-only regions in the Utica shale to boost overall production.
In the Gulf of Mexico, several oil and gas companies are moving drilling offshore to reach trapped crude oil in rock formations located miles below the ocean floor in 200-million-year-old deposits.
The House panel recently approved a bill that would expedite LNG export decisions, which would help Ukraine and other Eastern European countries rely less on Russia’s energy resources.
The harsh work environment might have just got easier for oil and gas crews with a new 500,000-pound rig that can walk, rotate 360 degrees, operate with a remote control and load frac sleeves automatically.
The oil and gas industry is gearing up for the “Clean Frac’ing Conference” hosted by the Petroleum Connection, which will highlight new fracking technologies and research toward cleaner drilling methods.
Rail companies are taking advantage of the U.S. fracking boom by using liquefied natural gas to run trains, which will cut fuel costs and reduce pollution.
Energy companies need smart investment strategies and project management to keep up with the booming shale gas and tight oil production.