Thu Mar 10, 2016 2:32am EST Related: GLOBAL ENERGY NEWS
BY SWETHA GOPINATH AND AMRUTHA GAYATHRI
Something is awry in the beleaguered U.S. shale patch: older wells, which normally gush oil or natural gas in their first few months before rapidly depleting, are not petering out as quickly as they should.
When oil prices began falling a year and a half ago in the deepest rout in a generation, many analysts expected U.S. crude production, especially from fracking in the new shale plays that contributed to a global supply glut, to follow quickly.
Thursday, March 10, 2016
Sunday, May 25, 2014
This is a lot of gas, about one-fifth of
current annual demand. And it should be causing concern across Europe, which
last year relied on China
for about 30% of its gas supply, or about 6 trillion cubic feet. Russia
Thu May 8, 2014 2:21pm GMT
Saxony houses most gas reserves, wants to exploit them
* Aims to raise acceptance in context of shale gas debate
By Vera Eckert
FRANKFURT, May 8 (Reuters) - Germany's state of Lower Saxony plans to launch a legal move in parliament next month that will seek to end a ban on new exploration for deep-lying gas using the "fracking" technology deployed in the country for over 30 years.