Unconventional gas disrupts the energy situation

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by moinsdewatt » 23/01/16, 13:25

Sonatrach suspends shale gas exploration in Algeria

Ecofin Agency January 20, 2016

In Algeria, Sonatrach, a state-owned company in charge of hydrocarbons, has just announced that it has decided to suspend its exploration of shale gas in the Ain Salah experimental fields north of the province of Tamnarasset, reports El Khabar .

According to the authorities, chis decision is explained by the plummeting, below 30 dollars, of the price of a barrel of oil which drove down shale gas prices. However, the costs of exploring shale gas are significantly higher than those of petroleum. This situation calls into question the profitability of gas exploration operations on Ain Salah.

The suspension decision will remain in force as long as the price of oil does not go back up to at least the level of 80 dollars a barrel, assure the responsible.

Nazim Zouiouèche, energy expert and former CEO of Sonatrach, stressed that the major concern of Sonatrach today is to reduce its production costs as much as possible.


http://www.agenceecofin.com/exploration ... de-schiste
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by moinsdewatt » 01/05/16, 21:26

First batch of American liquefied shale gas delivered to Europe

Posted on 28 / 04 / 2016 lemarin.fr

After ethane in March, it is the turn of liquefied natural gas (LNG) produced from this same American shale gas to enter Europe. A first batch of this unconventional LNG arrived on Tuesday April 26 at the import terminal in Sines, Portugal, on board the Creole Spirit.

Image
The "Creole Spirit" is one of two LNG carriers ordered from Korea to serve the export of unconventional LNG from Cheniere, the American operator of the Sabine Pass liquefaction site. (Photo: Shipspotting)


http://www.lemarin.fr/secteurs-activite ... -en-europe
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by moinsdewatt » 12/08/16, 23:12

For or against shale gas, Colorado will vote

Loïc Chauveau on 12-08-2016

Opponents of the hydraulic fracturing of this state obtained the 98.500 signatures necessary for the limitation of shale gas extraction to be the subject of referendums during the presidential election on November 8

The next presidential elections in Colorado risk being agitated! In addition to being a hesitant swing state between Republican Donald Trump and Democrat Hillary Clinton, voters will also have to decide whether or not to accept hydraulic fracturing on their territory. Opponents of shale gas exploitation have announced that they have deposited more than 100.000 signatures demanding a referendum on time. The Colorado Secretary of State's office now has 30 days to verify and validate the petitioners' signatures, but according to the New York Times, there is no doubt that Proposals 75 and 78 will be put to the vote. According to the New York daily, it is "the most serious political attempt to stop hydraulic fracturing in the United States". Only in fact so far New York State has prohibited the extraction of shale gas, but this State does not have large reserves unlike Colorado.

Initiative 75 proposes that the authorizations to operate the underground no longer depend on the administrative services of the State but on the local communities concerned by the installation of extraction wells. The Colorado Supreme Court has declared small town operating bans illegal on the grounds that state permits prevail. Proposition 78 is even more radical. It proposes that no well can be drilled within 750 meters of a dwelling, a public space or the course of a river or the shore of a lake. According to an official report, if this measure is adopted 90% of the state's territory could no longer be drilled and 95% of the surface of the fields currently in exploitation should close. Opponents obviously highlight the increasingly visible consequences of shale gas extraction both in terms of seismicity and air pollution.

Economy versus ecology

It is therefore a request for a ban in an extremely productive state, as the main oil company working in the state, Anarkado, points out. Colorado has 10% of US natural gas reserves and the Niobrara field alone is said to contain 2 billion barrels of shale oil. Between 2004 and 2014, state production increased fourfold before declining since the collapse in oil prices. According to the oil companies, the ban would cause the disappearance of 4 jobs and a significant drop in taxes and state revenues.

Started in November, the campaign for the referendum has already proven to be very muscular. The two main tankers have set aside ten million dollars to thwart the initiative and prepare for the electoral campaign. For their part, opponents report pressure, intimidation and even violence against activists offering to sign the request for a referendum. Colorado's Democratic Governor John Hickenlooper has declared himself a staunch defender of shale gas while local congressman Jared Polis, also a Democrat, opposes the oil industry. The presidential candidates are equally swaying. Donald Trump, who promises to revive the coal and gas industries, said in Denver in early August that "if cities don't want fracking, it's their business." As for Hillary Clinton, she pleads for a reinforced framework for mining and recognizes too the States and the cities the right to prohibit this activity. Shale gas is going to be one of the major subjects of the American presidential election.

http://www.sciencesetavenir.fr/nature-e ... voter.html
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by moinsdewatt » 12/01/18, 21:48

"Thanks" to their Shale gas:

US again becomes net exporter of natural gas

Posted on 12 / 01 / 2018 lemarin.fr

It is a small revolution. The United States again became a net exporter of natural gas in 2017 for the first time in sixty years. Exports of liquefied natural gas (LNG) by sea contribute to this trend reversal.

Image
Since 2016, the United States has exported LNG by sea through the Sabine Pass terminal. (Photo: Cheniere Energy)


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Re: Unconventional gas upsets energy




by sen-no-sen » 12/01/18, 23:25

Unconventional natural gas (GNNC) is just a bubble that could burst at the wrong time!
At the moment the GNNC attracts a large number of economic actors, but again it is the search for short-term profit which favors this surge (sic!) Not frankly the reason.
Overall, 80% of the production of a shale gas well drops after 3 years!
By wildly multiplying the number of wells, this windfall should not last more than 20 years ... a trifle in view of the ecological consequences.
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Re: Unconventional gas upsets energy




by Christophe » 13/01/18, 02:12

There are bubbles everywhere right now ... Ah yes it was Christmas Eve : Cheesy: : Cheesy:

Everything is bubble, everything is ponzi ... and we will not come out alive !!
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by moinsdewatt » 20/05/18, 14:56

British government wants to speed up shale gas given rapid decline in conventional gas production in UK

UK Looks To Fast-Track Shale Gas Drilling Approval

By Tsvetana Paraskova - May 17, 2018,

The UK government announced on Thursday plans to facilitate timely decisions on shale gas exploration planning applications in England as part of a plan to reduce dependence on gas imports amid an ongoing decline in the UK North Sea's conventional gas production.

“Despite the welcome improvements in efficiency and innovation from companies operating in the North Sea, the ongoing decline in our offshore gas production has meant that the UK has gone from being a net exporter of gas in 2003 to importing over half (53%) of gas supplies in 2017 and estimates suggest we could be importing 72% of our gas by 2030, ”Greg Clark, Secretary of State for Business, Energy and Industrial Strategy, and James Brokenshire, the Secretary of State for Housing, Communities and Local Government, said in a statement on Thursday.
.................

https://oilprice.com/Latest-Energy-News ... roval.html
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Re: Unconventional gas upsets energy




by PVresistif » 21/05/18, 10:22

France exploited shale gas (known as natural gas) from Lacq for its greatest benefit for 50 years, but everything came to an end and it would be necessary to put new deposits into service and above all to relaunch prospecting.
Unfortunately, this generation of sixty degenerates prefers to import gas from Qatar or the USA.
We can console by saying that we will bequeath this gas to future generations who will make the right decisions !!!!!
To oppose the exploitation of natural gas is total heresy, but of course there are very great economic interests that can be heard.
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Re: Unconventional gas upsets energy




by sen-no-sen » 21/05/18, 10:59

PVresistif wrote:France exploited shale gas (known as natural gas) from Lacq for its greatest benefit for 50 years, but everything came to an end and it would be necessary to put new deposits into service and above all to relaunch prospecting.
Unfortunately, this generation of sixty degenerates prefers to import gas from Qatar or the USA.
We can console by saying that we will bequeath this gas to future generations who will make the right decisions !!!!!
To oppose the exploitation of natural gas is total heresy, but of course there are very great economic interests that can be heard.


Shale gas is a gas obtained by hydraulic fracturing of rock (shale) which is not very permeable.
This was not at all the case at Lacq, or naturally fractured rocks must have been stimulated by acidification.

The idea of ​​exploiting shale gas in France or elsewhere is a vision of "degenerate sixties" or even "thirty glorious scientist"! : Lol:
It is an excellent thing to have left this method aside, because it constitutes a real ecological disaster, with among other things the release of hydrogen sulfide via leaks from wells, pollution of the groundwater, employment large quantity of water (10000m3 of water per well), earthquakes (up to 4 on the Richter scale!), all this for the exploitation of a average shabby duration since a well depletes 80% in 3 years!
We must therefore multiply the wells, that is to say transform a magnificent territory into a gruyère infects ... all this to sell a relatively unattractive product from an economic point of view.

In conclusion shale gas is a huge problem for everyone and a prospective means of enriching themselves on the back of future generations for a minority (irresponsible).
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Re: Unconventional gas upsets energy




by moinsdewatt » 21/05/18, 12:10

PVresistif wrote:France exploited shale gas (known as natural gas) from Lacq.


No. It is wrong. It was not shale gas.
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