Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development PDF Author: William E. Hefley
Publisher: Springer
ISBN: 3319114999
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
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.

Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development PDF Author: William E. Hefley
Publisher: Springer
ISBN: 3319114999
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
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.

Governing Shale Gas

Governing Shale Gas PDF Author: John Whitton
Publisher: Routledge
ISBN: 9780367459864
Category :
Languages : en
Pages : 310

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Book Description
Shale energy development is an issue of global importance. The number of reserves globally, and their potential economic return, have increased dramatically in the past decade. Questions abound, however, about the appropriate governance systems to manage the risks of unconventional oil and gas development and the ability for citizens to engage and participate in decisions regarding these systems. Stakeholder participation is essential for the social and political legitimacy of energy extraction and production, what the industry calls a 'social license' to operate. This book attempts to bring together critical themes inherent in the energy governance literature and illustrate them through cases in multiple countries, including the US, the UK, Canada, South Africa, Germany and Poland. These themes include how multiple actors and institutions - industry, governments and regulatory bodies at all scales, communities, opposition movements, and individual landowners - have roles in developing, contesting, monitoring, and enforcing practices and regulations within unconventional oil and gas development. Overall, the book proposes a systemic, participatory, community-led approach required to achieve a form of legitimacy that allows communities to derive social priorities by a process of community visioning. This book will be of great relevance to scholars and policy-makers with an interest in shale gas development, and energy policy and governance.

Modern Shale Gas Development in the United States

Modern Shale Gas Development in the United States PDF Author:
Publisher:
ISBN:
Category : Natural gas
Languages : en
Pages : 116

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Book Description


The Global Impact of Unconventional Shale Gas Development

The Global Impact of Unconventional Shale Gas Development PDF Author: Yongsheng Wang
Publisher: Springer
ISBN: 331931680X
Category : Political Science
Languages : en
Pages : 252

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Book Description
This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. 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 discussion is quickly becoming international in scope. The potential expansion of natural gas development impacts many regions of the globe and spans multiple perspectives. In a volatile international climate, one of intense geopolitical conflict between Russia and the West, economic slowdowns in Europe and China, military conflicts in the Middle East and northern Africa, and widening income disparity in the U.S., a relatively inexpensive and plentiful energy source like shale gas could play a key role in mitigating such conflicts. In an energy interdependent global community, however, multiple factors such as oil prices, differing rates of exploration, environmental concerns, strategic initiatives, institutional changes, legal and regulatory issues, and actions of the nations involved all have the potential to influence future outcomes. This book discusses each of these in turn, detailing the issues most prevalent in each geographical area. The first volume to provide a comprehensive global view of the impacts of shale gas development, this book fills a gap in the current research literature, providing vital information for the scholarly community and the public alike. This book will be of interest to researchers and students of economics, energy policy, public administration, and international relations as well as policy makers and residents of the regions that are experiencing shale gas development.

The Sustainability Communication Reader

The Sustainability Communication Reader PDF Author: Franzisca Weder
Publisher: Springer Nature
ISBN: 365831883X
Category : Language Arts & Disciplines
Languages : en
Pages : 592

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Book Description
The Textbook seeks for an innovative approach to Sustainability Communication as transdisciplinary area of research. Following the United Nations Sustainable Development Goals, which are intended to transform the world as it is known, we seek for a multidisciplinary discussion of the role communication plays in realizing these goals. With complementing theoretical approaches and concepts, the book offers various perspectives on communication practices and strategies on an individual, organizational, institutional, as well as public level that contribute, enable (or hinder) sustainable development. Presented case studies show methodological as well as issue specific challenges in sustainability communication. Therefore, the book introduces and promotes innovative methods for this specific area of research.

The Shale Dilemma

The Shale Dilemma PDF Author: Shanti Gamper-Rabindran
Publisher: University of Pittsburgh Press
ISBN: 082298301X
Category : Science
Languages : en
Pages : 287

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Book Description
The US shale boom and efforts by other countries to exploit their shale resources could reshape energy and environmental landscapes across the world. But how might those landscapes change? Will countries with significant physical reserves try to exploit them? Will they protect or harm local communities and the global climate? Will the benefits be shared or retained by powerful interests? And how will these decisions be made? The Shale Dilemma brings together experts working at the forefront of shale gas issues on four continents to explain how countries reach their decisions on shale development. Using a common analytical framework, the authors identify both local factors and transnational patterns in the decision-making process. Eight case studies reveal the trade-offs each country makes as it decides whether to pursue, delay, or block development. Those outcomes in turn reflect the nature of a country's political process and the power of interest groups on both sides of the issue. The contributors also ask whether the economic arguments made by the shale industry and its government supporters have overshadowed the concerns of local communities for information on the effects of shale operations, and for tax policies and regulations to ensure broad-based economic development and environmental protection. As an informative and even-handed account, The Shale Dilemma recommends practical steps to help countries reach better, more transparent, and more far-sighted decisions.

Governing Shale Gas

Governing Shale Gas PDF Author: John Whitton
Publisher: Routledge
ISBN: 1317267567
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Shale energy development is an issue of global importance. The number of reserves globally, and their potential economic return, have increased dramatically in the past decade. Questions abound, however, about the appropriate governance systems to manage the risks of unconventional oil and gas development and the ability for citizens to engage and participate in decisions regarding these systems. Stakeholder participation is essential for the social and political legitimacy of energy extraction and production, what the industry calls a 'social license' to operate. This book attempts to bring together critical themes inherent in the energy governance literature and illustrate them through cases in multiple countries, including the US, the UK, Canada, South Africa, Germany and Poland. These themes include how multiple actors and institutions – industry, governments and regulatory bodies at all scales, communities, opposition movements, and individual landowners – have roles in developing, contesting, monitoring, and enforcing practices and regulations within unconventional oil and gas development. Overall, the book proposes a systemic, participatory, community-led approach required to achieve a form of legitimacy that allows communities to derive social priorities by a process of community visioning. This book will be of great relevance to scholars and policy-makers with an interest in shale gas development, and energy policy and governance.

Unconventional Shale Gas Development

Unconventional Shale Gas Development PDF Author: Rouzbeh G. Moghanloo
Publisher: Gulf Professional Publishing
ISBN: 0323905293
Category : Science
Languages : en
Pages : 498

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Book Description
Unconventional Shale Gas Development: Lessons Learned gives engineers the latest research developments and practical applications in today’s operations. Comprised of both academic and corporate contributors, a balanced critical review on technologies utilized are covered. Environmental topics are presented, including produced water management and sustainable operations in gas systems. Machine learning applications, well integrity and economic challenges are also covered to get the engineer up-to-speed. With its critical elements, case studies, history plot visuals and flow charts, the book delivers a critical reference to get today’s petroleum engineers updated on the latest research and applications surrounding shale gas systems. Bridges the gap between the latest research developments and practical applications through case studies and workflow charts Helps readers understand the latest developments from the balanced viewpoint of academic and corporate contributors Considers environmental and sustainable operations in shale gas systems, including produced water management

Deep Shale Oil and Gas

Deep Shale Oil and Gas PDF Author: James G. Speight
Publisher: Gulf Professional Publishing
ISBN: 0128030984
Category : Technology & Engineering
Languages : en
Pages : 494

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Book Description
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

Risks and Risk Governance in Shale Gas Development

Risks and Risk Governance in Shale Gas Development PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309312604
Category : Social Science
Languages : en
Pages : 232

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Book Description
Natural gas in deep shale formations, which can be developed by hydraulic fracturing and associated technologies (often collectively referred to as "fracking") is dramatically increasing production of natural gas in the United States, where significant gas deposits exist in formations that underlie many states. Major deposits of shale gas exist in many other countries as well. Proponents of shale gas development point to several kinds of benefits, for instance, to local economies and to national "energy independence". Shale gas development has also brought increasing expression of concerns about risks, including to human health, environmental quality, non-energy economic activities in shale regions, and community cohesion. Some of these potential risks are beginning to receive careful evaluation; others are not. Although the risks have not yet been fully characterized or all of them carefully analyzed, governments at all levels are making policy decisions, some of them hard to reverse, about shale gas development and/or how to manage the risks. Risks and Risk Governance in Shale Gas Development is the summary of two workshops convened in May and August 2013 by the National Research Council's Board on Environmental Change and Society to consider and assess claims about the levels and types of risk posed by shale gas development and about the adequacy of existing governance procedures. Participants from engineering, natural, and social scientific communities examined the range of risks and of social and decision-making issues in risk characterization and governance related to gas shale development. Central themes included risk governance in the context of (a) risks that emerge as shale gas development expands, and (b) incomplete or declining regulatory capacity in an era of budgetary stringency. This report summarizes the presentations on risk issues raised in the first workshop, the risk management and governance concepts presented at the second workshop, and the discussions at both workshops.