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

Get Book Here

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.

Shale Gas Development

Shale Gas Development PDF Author: Katelyn M. Nash
Publisher:
ISBN: 9781616685454
Category : Nature
Languages : en
Pages : 0

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Book Description
Natural gas production from hydrocarbon-rich shale formation, known as "shale gas", is one of the most rapidly expanding trends in onshore domestic oil and gas exploration and production today. In some areas, this has included bringing drilling and production to regions of the country that have seen little or no activity in the past. New oil and gas developments bring changes to the environmental and socio-economic landscape, particularly in those areas where gas development is a new activity. With these changes have come questions about the nature of shale gas development, the potential environmental impacts, and the ability of the current regulatory structure to deal with this development. This book discusses geologic information on the shale gas basins in the U.S. and the methods of shale gas development, as well as the regulatory framework and the environmental considerations associated with shale gas development.

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 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.

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

Shale Oil and Gas

Shale Oil and Gas PDF Author: Vikram Rao
Publisher: RTI Press
ISBN: 1934831077
Category : Technology & Engineering
Languages : en
Pages : 184

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Book Description
The Promise and the Peril

The Fracking Debate

The Fracking Debate PDF Author: Daniel Raimi
Publisher: Columbia University Press
ISBN: 0231545711
Category : Business & Economics
Languages : en
Pages : 255

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Book Description
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 PDF Author: Sergey S. Zhiltsov
Publisher: Springer
ISBN: 3319502751
Category : Science
Languages : en
Pages : 254

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Book Description
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.

When Fracking Comes to Town

When Fracking Comes to Town PDF Author: Sabina E. Deitrick
Publisher: Cornell University Press
ISBN: 1501761013
Category : Technology & Engineering
Languages : en
Pages : 262

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Book Description
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

Fundamentals of Gas Shale Reservoirs

Fundamentals of Gas Shale Reservoirs PDF Author: Reza Rezaee
Publisher: John Wiley & Sons
ISBN: 1119039266
Category : Technology & Engineering
Languages : en
Pages : 417

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Book Description
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