Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development
Author: William E. Hefley
Publisher: Springer
Total Pages: 248
Release: 2014-12-03
Genre: Business & Economics
ISBN: 3319114999

This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.

Deep Shale Oil and Gas

Deep Shale Oil and Gas
Author: James G. Speight
Publisher: Gulf Professional Publishing
Total Pages: 494
Release: 2016-09-10
Genre: Technology & Engineering
ISBN: 0128030984

Natural gas and crude oil production from hydrocarbon rich deep shale formations is one of the most quickly expanding trends in domestic oil and gas exploration. Vast new natural gas and oil resources are being discovered every year across North America and one of those new resources comes from the development of deep shale formations, typically located many thousands of feet below the surface of the Earth in tight, low permeability formations. Deep Shale Oil and Gas provides an introduction to shale gas resources as well as offer a basic understanding of the geomechanical properties of shale, the need for hydraulic fracturing, and an indication of shale gas processing. The book also examines the issues regarding the nature of shale gas development, the potential environmental impacts, and the ability of the current regulatory structure to deal with these issues. Deep Shale Oil and Gas delivers a useful reference that today's petroleum and natural gas engineer can use to make informed decisions about meeting and managing the challenges they may face in the development of these resources. - Clarifies all the basic information needed to quickly understand today's deeper shale oil and gas industry, horizontal drilling, fracture fluids chemicals needed, and completions - Addresses critical coverage on water treatment in shale, and important and evolving technology - Practical handbook with real-world case shale plays discussed, especially the up-and-coming deeper areas of shale development

Shale Oil and Gas

Shale Oil and Gas
Author: Vikram Rao
Publisher: RTI Press
Total Pages: 184
Release: 2015-08-09
Genre: Technology & Engineering
ISBN: 1934831077

The Promise and the Peril

The Fracking Debate

The Fracking Debate
Author: Daniel Raimi
Publisher: Columbia University Press
Total Pages: 255
Release: 2017-12-26
Genre: Business & Economics
ISBN: 0231545711

Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.

Shale Gas: Ecology, Politics, Economy

Shale Gas: Ecology, Politics, Economy
Author: Sergey S. Zhiltsov
Publisher: Springer
Total Pages: 254
Release: 2017-02-21
Genre: Science
ISBN: 3319502751

This book highlights various aspects of shale gas production and discusses the associated problems, which have greatly influenced the current situation on the global gas market. It focuses on issues such as production technologies, environmental protection, and the impacts of shale gas production on human beings. Further, it investigates the role of shale gas in the development and implementation of foreign policy of many nations that welcomed the possibility to produce this hydrocarbon in their own countries. Taking into consideration the information published by world energy research centers, the prospects of shale gas production in different regions of the world are examined in detail. Given its coverage and scope, the book will greatly benefit specialists in the areas of hydrocarbon production, international relations and foreign policy, world economics and technologies, ecology and environmental protection.

Fundamentals of Gas Shale Reservoirs

Fundamentals of Gas Shale Reservoirs
Author: Reza Rezaee
Publisher: John Wiley & Sons
Total Pages: 417
Release: 2015-07-01
Genre: Technology & Engineering
ISBN: 1119039266

Provides comprehensive information about the key exploration, development and optimization concepts required for gas shale reservoirs Includes statistics about gas shale resources and countries that have shale gas potential Addresses the challenges that oil and gas industries may confront for gas shale reservoir exploration and development Introduces petrophysical analysis, rock physics, geomechanics and passive seismic methods for gas shale plays Details shale gas environmental issues and challenges, economic consideration for gas shale reservoirs Includes case studies of major producing gas shale formations

Unconventional Oil and Gas Resources

Unconventional Oil and Gas Resources
Author: Usman Ahmed
Publisher: CRC Press
Total Pages: 862
Release: 2016-04-05
Genre: Science
ISBN: 1498759416

As the shale revolution continues in North America, unconventional resource markets are emerging on every continent. In the next eight to ten years, more than 100,000 wells and one- to two-million hydraulic fracturing stages could be executed, resulting in close to one trillion dollars in industry spending. This growth has prompted professionals ex

When Fracking Comes to Town

When Fracking Comes to Town
Author: Sabina E. Deitrick
Publisher: Cornell University Press
Total Pages: 262
Release: 2022-01-15
Genre: Technology & Engineering
ISBN: 1501761013

When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson

Lacustrine Shale Gas

Lacustrine Shale Gas
Author: Xiangzeng Wang
Publisher: Gulf Professional Publishing
Total Pages: 360
Release: 2017-05-26
Genre: Science
ISBN: 0128133015

Lacustrine Shale Gas: Case Study from the Ordos Basin examines the special sedimentation and formation environment based on the actual exploration of lacustrine shale gas. Using the Chang7 black shale of Yanchang formation in Ordos basin as an example, this book deeply dissects the Lacustrine shale geological characteristics and offers fresh insights into Lacustrine shale geochemistry, shale reservoir, hydrocarbon accumulation and resource evaluation. The book not only enriches, develops and contributes to new theories of shale gas exploration, but also contributes to a new research field, lacustrine shale gas exploration. Shale gas is the mixed phase natural gas that includes adsorbed phase and free phase gas. It is accumulated in the rich organic matter in shale. In recent years, with great changes in global oil and gas exploration and energy supply situation, shale gas has attracted a lot of attention, becoming the focus of the energy industry. - Reflects the development of world-leading shale gas exploration technology in China - Analyzes first-hand experimental data and scientific research methods on the geological characteristics of lacustrine shale gas - Systematically discusses the theory of lacustrine shale gas exploration, from source rock characteristics, shale reservoir characteristics, and shale gas accumulation, to shale gas resources evaluation - Provides practical guidance by using the Ordos basin as example