Shale Gas News

U.S. to Become a Net Exporter of Natgas by 2017 -EIA
United States >> 4/14/2015 - The United States will transition from a net importer of natural gas to a net exporter of the fuel by 2017 as the nation's shale gas production continues to grow, the U.S. Energy Information Administr...
Eclipse Resources Provides JV Process Update
United States >> 4/14/2015 - Over the course of the last three months, Eclipse Resources has entered into discussions with several parties to explore the possibility of entering into a drilling joint venture on Eclipse’s current ...
Pryme Provides Capitola Oil Project Operations Update
United States >> 4/2/2015 - Pryme Energy Limited (Pryme) is pleased to provide an operational update on its Capitola Oil Project located alongthe Eastern Shelf of the Permian Basin, Texas USA. Current daily production is approxi...
INEOS Welcomes New Survey Showing More People Support Fracking
United Kingdom >> 4/1/2015 - In March a Com Res survey sponsored by Greenpeace asked 2,035 British adults about their views on fracking. INEOS welcomes the results which clearly show that the UK public is increasingly supportive ...
Encana Closes Montney Midstream Assets Sale
United States >> 4/1/2015 - Encana Corporation and the Cutbank Ridge Partnership, a partnership between Encana and a subsidiary of Mitsubishi Corporation, have completed the previously announced sale of certain natural gas gathe...
Rex Energy Announces JV Agreement in Butler Operated Area
United States >> 3/31/2015 - Rex Energy Corporation announced a new joint venture agreement in the Butler Operated Area, re-determined borrowing base and amended financial covenants to the senior secured credit facility. ...
AWE Spuds Irwin-1 Exploration Well
Australia >> 3/25/2015 - AWE Limited advises that the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, was spudded on Wednesday, 25 March 2015. ...
Exploitation of Shale Gas Expected between 2020 & 2025
Algeria >> 3/24/2015 - Algerian Energy Minister, Youcef Yousfi, said that the projected exploitation of shale gas by Algeria is foreseen within the upcoming period of between 2020 and 2025, adding that the goal now is focus...
Polyflow Expands Operations in the Eagle Ford Shale Region
United States >> 3/19/2015 - Polyflow, LLC, the leading manufacturer of spoolable RTP for transporting hydrocarbons, water, and other fluids and gases, today announced the opening of a two-acre operations yard and office in Dille...
Wintershall Launches First Own-operated Exploration Well
Argentina >> 3/16/2015 - Buenos Aires. Argentina has potential: alongside the USA, Argentina is one of the most important growth regions in the field of unconventional oil and gas production. The South American country has th...
INEOS to Acquire Significant Share of IGas North-West Shale Gas Assets
United Kingdom >> 3/10/2015 - INEOS has announced a deal to acquire a 50% interest in seven IGas shale gas licences in the North West of England (the Bowland licences). ...
Egypt Sets Price for Shale Gas at $5.45 per Mmbtu
Egypt >> 3/9/2015 - Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms at $5.45 per million British thermal units (mmBtu), an official at the oil ministry said. ...
Blackbird Provides Two Significant Condensate and Liquids-Rich Gas Discoveries
Canada >> 3/4/2015 - Blackbird Energy Inc. announces that its first two operated horizontal Montney wells, which are located at 06-26-70-07-W6 ("06-26") and 05-26-70-07W6 ("05-26") on Blackbird's 69 section land block at ...
Blackbird Provides 41% Increase in Elmworth Montney Acreage
United States >> 2/26/2015 - Blackbird Energy Inc. has acquired a 100% working interest in 19 additional sections (12,160 net acres) of Elmworth Montney rights (the "Acquisition"). The Acquisition represents a 41% increase in the...
There's No Exploitation of Shale Gas
Algeria >> 2/25/2015 - Prime Minister Abdelmalek Sellal reaffirmed Tuesday in Oran (432-km west of Algiers) that there is no exploitation of shale gas but only studies underway. ...
Kelt to Consolidate its Montney and Doig Assets through the Acquisition of Artek exploration
Canada >> 2/23/2015 - Kelt Exploration has entered into an agreement with Artek Exploration Ltd. (“Artek”), pursuant to which Kelt will acquire all of the issued and outstanding common shares of Artek on the basis of 0.34 ...
Chevron Says Plans to Give Up Romania Shale Gas Project
Romania >> 2/22/2015 - Chevron Corp said it will give up shale gas exploration plans in Romania, after an assessment showed the Black Sea state does not compete favourably with other investment opportunities.

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Sonatrach to Use Fracking in Southern Algeria
Algeria >> 2/9/2015 - The head of state-owned oil company Sonatrach said that gas exploration in southern Algeria would not be halted despite protests by residents against the use of hydraulic fracturing, or "fracking." ...
Victory Energy and Lucas Energy Proposed Business Combination
United States >> 2/4/2015 - Victory Energy Corporation, a rapidly growing Permian Basin focused oil and gas company, and Lucas Energy, Inc, an asset rich Austin Chalk and Eagle Ford focused oil and gas company, announced today t...
WPX Completes Sale of Northeast Pennsylvania Assets
United States >> 2/2/2015 - WPX Energy completed the sale of its operations in northeast Pennsylvania, including the release of certain firm transportation capacity, to Southwestern Energy Company. ...

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