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Last updated on April 18, 2014 at 1:21 EDT

Latest Shale gas Stories

2013-06-03 23:04:27

New energy breakthroughs are unleashing an economic boom in the U.S. Based on a 10-year study, a new book from analysts at Crucial Trends predicts that boom will end unemployment by 2020. Chicago, IL (PRWEB) June 03, 2013 Millions of Americans are still searching for work, but a new source of jobs is just over the horizon — or, literally, under our feet. According to the new book Ride the Wave, a major revolution in American energy will boost the economy and create 21.8 million...

2013-05-29 12:22:42

LAS VEGAS, May 29, 2013 /PRNewswire/ -- Bayport International Holdings, Inc. (OTCPINK: BAYP). Today we are pleased to announce the signing of a Contract to purchase an interest in 2 oil wells to be drilled in the Milford Lease, Forest County, Pennsylvania. Drilling Permit numbers 38 and 39 have been issued as per Pennsylvania Department of Environmental Protection (PA DEP). The interest is for 5.0% Working Interest and 3.75% Net Revenue Interest to be acquired in each of the two...

2013-05-22 12:31:57

"Greenwashing" Called Out: No Confusion Should Arise About Views of Local Communities As a Result of Shale Gas Industry's Coopting of EDF WASHINGTON, May 22, 2013 /PRNewswire-USNewswire/ -- A total of 67 leading grassroots organizations focused on citizen and environmental issues today released a joint letter to the Environmental Defense Fund (EDF) disapproving of the group's willingness to be coopted by industry interests on the issue of hydraulic fracturing (or "fracking") for...

2013-05-15 12:37:03

DALLAS, May 15, 2013 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Dallas, Texas, will present at Tight and Shale Gas Summit 2013 held between May 15 and 16 at the Holiday Inn City in Istanbul, Turkey. The 45-minute presentation, entitled "The ongoing development of U.S. shale gas - Update on the major fields," will be delivered by Breitling's chief executive officer, Chris Faulkner, and will occur at 3:00 p.m. Chris Faulkner,...

2013-05-13 12:24:51

CANONSBURG, Pa., May 13, 2013 /PRNewswire/ -- Aquatech, a global leader in water treatment technology and service solutions, announces the acquisition of Fluid Recovery Services (FRS). Based in Creekside, PA, FRS operates a network of central, satellite and mobile facilities that deliver a menu of environmentally compliant and economically viable water management services. In addition to treatment, FRS offers numerous water management service options such as storage, transport services (rail...

Studying Mystery Of 'Eternal Flames'
2013-05-09 10:52:58

Indiana University "Eternal flames" fueled by hydrocarbon gas could shine a light on the presence of natural gas in underground rock layers and conditions that let it seep to the surface, according to research by geologists at the Department of Geological Sciences and the Indiana Geological Survey at Indiana University Bloomington. A little-known but spectacular flame in Erie County, N.Y., is the focus of an article in the journal Marine and Petroleum Geology, co-authored by Agnieszka...

2013-05-08 16:22:54

LANSING, Mich., May 8, 2013 /PRNewswire/ -- The Michigan Chamber of Commerce Board of Directors has voted unanimously to support responsible oil and gas exploration in Michigan and to oppose any attempt to ban the use of hydraulic fracturing, including a false and misleading petition drive now underway by irresponsible environmental groups. "In-state production of oil and gas benefits Michigan, our communities and families in many ways," said Rich Studley, President & CEO of the...

2013-05-06 12:21:31

NEW YORK, May 6, 2013 /PRNewswire/ -- Platts, a leading global energy, petrochemicals and metals information provider, has expanded its portfolio of maps with the release of its 2013 North American Shale Plays Map. Now in its second edition, this detailed, printed wall map presents in vivid color the key components of the burgeoning North American shale industry, depicting more than 80 shale plays in both the U.S. and Canada. New to this edition is the representation of fractionators and...

2013-04-29 20:58:02

Pennsylvania residents living near unconventional natural gas developments using hydraulic fracturing, known by the slang term “fracking,” attribute several dozen health concerns and stressors to the Marcellus Shale developments in their area, according to a long-term analysis by University of Pittsburgh Graduate School of Public Health researchers. Reported health impacts persist and increase over time, even after the initial drilling activity subsides, they noted. The study,...

2013-04-29 08:23:33

HOUSTON, April 29, 2013 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced that it has signed a definitive purchase agreement to acquire natural gas properties located in Pennsylvania prospective for the Marcellus Shale from Chesapeake Energy Corporation (NYSE: CHK) and its partners for approximately $93 million, subject to closing conditions. Upon closing, Southwestern intends to use its revolving credit facility to finance the acquisition. The company anticipates the...