Shale Gas in the Spotlight


Book Description

After years of study, on December 13, 2016, the U.S. Environmental Protection Agency (EPA) finally released its final report on Impacts from the Hydraulic Fracturing Water Cycle on Drinking Water Resources in the United States. Despite much attention on the changes to some of the specific language used, this long-awaited final report largely conforms with the preliminary findings set out in the EPA's draft assessment, dated June 2015, that hydraulic fracturing activities have some potential to impact drinking water resources, but that impacts to date have been relatively isolated rather than pervasive. Changes have been made in the final report, in comparison with the draft assessment, including providing further clarification relating to the major findings, adding other chemicals to the chemicals listed in the draft assessment, and better identifying gaps in data and uncertainties in scientific knowledge. Notably, EPA also reconsidered the language of its conclusion in the draft assessment that the agency “did not find evidence that these mechanisms have led to widespread, systemic impacts on drinking water resources in the United States.” EPA excluded this sentence in its final report explaining that “contrary to what the sentence implied, uncertainties prevent EPA from estimating the national frequency of impacts on drinking water resources from activities in the hydraulic fracturing water cycle.”




After the US Shale Gas Revolution


Book Description

After 20 years at different positions in the gas sector, from the policy side to trading floors, the author gives an overview of the major gas issues and elaborates on the consequences of the US shale gas revolution. The first part of the book provides basic knowledge and gives needed tools to better understand this industry, that often stands, in sandwich, between upstream oil and utilities. After extensive research, publication and teaching, the author shares his insights on fundamental issues all along the gas chain and explains the price mechanisms ranging from oil-indexation to spot. The second part looks into the future of worldwide gas balance. To supply growing markets, the major resource holder, Russia, is now in direct competition with the major gas producer, the US. China has the potential not only to select the winner but also to decide the pricing principle for all Asian buyers in 2020. As China is a new and growing gas importer and has a lower price tolerance than historical Asian buyers (Japan and South Korea), it is highly possible that, against basic geography, China selects waterborne US LNG versus close Russian pipe gas, to achieve lower import price. Europe, so risk adverse that it won't be able to take any decision regarding shale gas production on this side of 2020, should see its power fading on the energy scene and would rely more on Russia. Gas geopolitics could tighten Russia stronghold on Europe, on one side, and create a flourishing North America-Asian trade... This book is accessible to ail and will particularly interest readers seeking a global gas perspective where economics and geopolitics mix. It can be read as an economic novel where billions of $ are invested to shape tomorrow energy world or as a geopolitical thriller where Russia and the US compete to impose their respective agenda, leaving China tn select the winner.




The Shale Oil and Gas Debate


Book Description

In the space of six years, the united States have reduced their dependence on oil by a third and have become almost self-sufficient in terms of gas supply. This “shale oil and gas revolution”, a sudden and unexpected earthquake in the energy world, enabled the US to become one of the most competitive countries in the world. Exporting this revolution could double the world gas reserves and boost those of oil by 20%. Outside North America, the main reservoirs are thought to be in China, Russia and Argentina. In the medium term, this new state of affairs will have major geopolitical consequences, fundamentally altering oil, gas and coal imports. While US imports from the Persian Gulf rapidly dwindle, those of China and India will significantly increase and as the United States becomes a gas exporter, Russia will have to find alternative markets. Although it is not ranked in the “top 10”, Europe is thought to have vast resources. Yet for the realization of a major European project, a number of geological (are European source rocks as high quality as their US counterparts?), economic (will Europe be able to develop its resources at an acceptable cost?) and societal barriers will have to be overcome. On a densely-populated, urban continent, hydraulic fracturing, water supply, microseisms and surface impact represent a battery of “threats” for the stakeholders. Changing this perception will require both pedagogy and transparency regarding the local communities. This has to be a win/win situation and not a case of give and take. In this work, written in the form of 20 questions for non-specialists, Philippe Charlez and Pascal Baylocq give you the answers to “everything you always wanted to know about shale oil and gas but never dared to ask".




Shale Gas


Book Description

Natural gas, particularly shale gas, is one of the main sustainable energy sources in the current century. It is an abundant energy resource, playing an active role in future energy demand and enabling nations to transition to higher support on renewable energy sources. The book aims to add some contributions and new advances in technologies and prospects on shale gas reserves in selected regions of the world, in terms of new technologies of extraction, new discoveries of promising reserves, synthesis and applications to get high quality of this cleanest consuming non-renewable energy source.




The Rise of Shale Gas and Russia's Countermeasures


Book Description

The recent expansion of shale gas development in the US has been greatly contributing to the drop in natural gas prices in the country, and to job growth and enhanced competitiveness in relevant manufacturing areas such as the petrochemical industry. Since the first half of 2009, the US natural gas spot price (Henry Hub), unlike the crude oil (WTI) spot price (Cushing Hub), has been showing a steady downward trend. Lowered gas prices have been serving as cause for cost cuts in gas production, the petrochemical industry, the primary metal industry and so forth, and this is helping improve price competitiveness in the US manufacturing sector. Spot price decoupling between crude oil and natural gas has led to a change in the energy mix, with natural gas enjoying higher consumption.




Spotlight on Current Events


Book Description

Comprising essays on a variety of topics such as immigration, gun control, abortion, race relations, the environment, and gender, and curated by a veteran scholar, this collection gives readers a go-to resource on multiple contemporary world issues. This collection of perspective essays explores a variety of controversial topics, specifically current events and issues such as free speech, school violence, green energy, substance abuse, abortion, gun control, immigration, and more. A general introduction contextualizes the book in contemporary American discourse and shows why the essays that follow are important. Each chapter provides readers with a selection of persuasive and expository essays that they can cite in papers. Each chapter also has individual introductions, explaining how and why the essays were collected together and curated. Readers of this volume will come away with an understanding of the key points of a variety of important perspectives. In a time when the country is so thoroughly polarized, it is vital to give voice to stakeholders on both sides of the proverbial aisle. This book will be a solid resource for libraries, as readers can explore one or more topics in one easy-to-understand volume.







Shale Gas


Book Description

Shale Gas: Exploration and Environmental and Economic Impacts explores the shale gas exploration and production activities that are increasing globally, also presenting a basic understanding on the geological, geochemical, and geophysical aspects. The book is a key reference that is useful for researchers, the oil and gas industry, and policymakers in gas producing and prospective countries. Users will find chapters on hydraulic fracturing and shale gas drilling, as well as the environmental and economic impacts of these activities. Further chapters include case studies on the shale gas revolution in the United States and other producing countries around the world. - Provides wide-ranging coverage of both the environmental and economic impacts of shale gas exploration - Includes case studies that describe the prolific and potential shale gas systems from both producing and prospective countries - Appeals to both those in academia and those in the unconventional gas exploration industry




Shale Gas


Book Description

Shale gas has the potential to transform the U.S. energy-based economy in the electricity, transportation, and chemical sectors. U.S. success can be expected to translate to Europe and other parts of the world. Shale gas production is uniquely enabled by hydraulic fracturing, a technique that has come under heavy scrutiny for its potential to cause environmental damage. In this book, Vikram Rao addresses the issues surrounding shale gas in a balanced fashion. The book is intended to inform both sides of the fracturing debate, where currently rhetoric is overtaking understanding. Tailored for a nontechnical audience—with technical chemistry and geology information couched in sidebars—the book culminates in suggestions for research and guidance for policymaking.




The Fossil Fuel Revolution


Book Description

The Fossil Fuel Revolution: Shale Gas and Tight Oil describes the remarkable new energy resources being obtained from shale gas and tight oil through a combination of directional drilling and staged hydraulic fracturing, opening up substantial new energy reserves for the 21st Century. The book includes the history of shale gas development, the technology used to economically recover hydrocarbons, and descriptions of the ten primary shale gas resources of the United States. International shale resources, environmental concerns, and policy issues are also addressed. This book is intended as a reference on shale gas and tight oil for industry members, undergraduate and graduate students, engineers and geoscientists. - Provides a cross-cutting view of shale gas and tight oil in the context of geology, petroleum engineering, and the practical aspects of production - Includes a comprehensive description of productive and prospective shales in one book, allowing readers to compare and contrast production from different shale plays - Addresses environmental and policy issues and compares alternative energy resources in terms of economics and sustainability - Features an extensive resource list of peer-reviewed references, websites, and journals provided at the end of each chapter