“In the Barnett Shale in Texas, where Berman is most familiar with the geology, he calculates that the annual decline in the gas resource is 1.7 bcf/day. In order to add to the net Barnett production, Berman says, companies would have to drill 3,880 wells, at a cost of $12 billion.”
December 1, 2012
Is Shale Gas Shallow or the Real Deal?
By Kennedy Maize
Blogging from my phone. Maybe I’ll add a picture later.
About Sharon Wilson
Sharon Wilson is considered a leading citizen expert on the impacts of shale oil and gas extraction. She is the go-to person whether it’s top EPA officials from D.C., national and international news networks, or residents facing the shock of eminent domain and the devastating environmental effects of natural gas development in their backyards.
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kim Feil says
More bad news for the industry/excerpts…..
http://www.ogj.com/articles/2012/11/carbon-policies-may-limit-shale-gas-production-growth-expert-warns.html?cmpid=EnlDailyNovember292012&hq_e=el&hq_m=24682&hq_l=18&hq_v=zfd439c5c8
Several are playing catch-up (regulations), even states like Texas where gas has been produced for a long time,” he said. “They generally rely on command-and-control requirements, such as specifying how far a well has to be from a river or stream. Local governments are also crying foul and challenging states’ authority to site wells……..
….pressure to move more oil and gas regulation to the federal level comes as the US tries to move from an atmosphere of scarce supplies and rising demand to one of ample supplies and falling demand……
…….US outlook still is far from certain. “Will these resources be produced more efficiently as they are developed? If not, we could blow through them quickly,” he said. “Will the necessary investments be there? Can the Bakken shale success story be replicated over and over?”…….
……..Krupnik said just how widespread unconventional oil and gas sweet spots are is another big question. “If you start looking at the data, you see how choppy it is. Even a small movement can change these wells’ productivity,” he said. “There’s also a tension as productive sweet spots are drained and producers move to less productive sweet spots.”
kim Feil says
one more…”Senator Landrieu discussed community concerns about water use and wastewater from fracking, and she said that “there will be cities and there will be places that don’t want drilling rigs in the center of town”. “Now this is just common sense-the industry has to understand that, just like there are industrial zones in some places, and there are commercial zones in other places in our country and there are residential zones, there should be drilling zones and non-drilling zones.”
http://switchboard.nrdc.org/blogs/amall/senator_landrieu.html?utm_source=tw&utm_medium=tweet&utm_campaign=blog
kim Feil says
http://www.myfoxhouston.com/story/20220867/2012/11/29/energy-efficient-home-powered-by-natural-gas how come low income people’s neighborhoods are the guinea pigs for drilling and 100% electricity from natural gas powered homes?