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ecorpStim

EcorpStim Expands Waterless, Chemical-Free Shale Gas Extraction Systems

Ecorp Stimulation Technologies has expanded its waterless, chemical-free shale gas extraction systems with a technology that uses naturally occurring components in conventional and shale hydrocarbon production — a selection of low molecular weight alkanes or light alkanes — that are usually referred to as “baby oil” in common language. The … Read more »

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GE, Cheniere Sign $1B LNG Export Terminal Deal

General Electric and Sabine Pass Liquefaction have inked a $1 billion deal under which GE will provide spare parts and planned inspections, maintenance services and round-the-clock technical support for the gas turbines and refrigerant compressors on the first four liquified natural gas trains currently under construction at the Sabine Pass … Read more »

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‘Shale Effect’ Boosts Manufacturers’ Savings

The shale gas boom continues to be a boon to US manufacturing, according to a PricewaterhouseCoopers report that says the ongoing surge in shale gas production could bring manufacturers annual cost savings of $22.3 billion by 2030 and $34.1 billion in 2040. The “shale effect” will also create 930,000 manufacturing … Read more »

Oil, Gas Exploration Technology Investment Tops $7bn

Oil, Gas Exploration Technology Investment Tops $7bn

New technologies to enhance exploration and production of oil and gas have attracted $7 billion in funding since 2003, specifically in the areas of shale gas, tight oil, and heavy oil, according to a report by Lux Research. Investment peaked in 2011 at $1.6 billion, while deals hit a high … Read more »

Fracking May Face Severe Water Competition

Fracking May Face Severe Water Competition

Hydraulic fracturing companies working to develop shale gas may encounter intense competition for water, as 38 percent of the world’s shale resources are either under extremely high water stress or facing arid conditions, according to a report by the World Resources Institute. The report ranks water stress across the 20 … Read more »

Exporting US Coal to Asia Could Cut Emissions

Exporting US coal to power plants in South Korea could lead to a 21 percent drop in greenhouse gas emissions compared to burning it domestically, according to a Duke University-led study. The superior energy efficiency of South Korea’s newer coal-fired power plants would offset the large amount of emissions produced … Read more »

Shale Oil Benefits Could Pay for Smaller Carbon Footprint

The US could see about a 27 percent reduction in its carbon footprint if just half of the unanticipated economic benefits of shale gas and oil production were used in the efforts, according to agricultural economists at Purdue University. The researchers estimate that shale technologies annually provide an extra $302 billion … Read more »

Shale Gas GHGs on Par with Natural Gas

Life cycle greenhouse gas emissions from electricity generated from shale gas are similar to those from conventionally produced natural gas, and both energy sources, on average, emit approximately half the GHG emissions of coal-powered electricity, according to a study published in the Proceedings of the National Academy of Sciences. However, … Read more »

Shale Mapping Tool Adds CNG Station Data

Shale Mapping Tool Adds CNG Station Data

ShaleNavigator, web-based mapping software for shale oil and gas information, has added more than 1,400 compressed natural gas fuel station locations. The station location data was added in response to projections that CNG consumption will increase across multiple modes of transportation, especially in the freight truck and rail sectors, according … Read more »

Freshwater Supplies Under Threat

Biofuel and shale gas production use increasing amounts of fresh water, which is stressing supplies worldwide, according to a new report from the United Nations. The World Water Development Report said the demand is exacerbated by the effects of climate change. It urged the energy industry to find ways to … Read more »

Shale Gas Spurs $100 bn Chemicals Investment

Potential US chemical industry investment linked to shale gas extractions has topped $100 billion, the American Chemistry Council (ACC) reports. By February 2014, 148 projects worth $100.2 billion have been announced. These projects include factories, expansions and process changes to increase capacity, which could lead to $81 billion per year … Read more »

Green Concerns Driving Seals Market Growth

Green Concerns Driving Seals Market Growth

As shale gas exploration and the launch of high-value projects in power and water industries lead to new pump and equipment installations, environmental and health concerns for such projects are spurring growth in the US seals market, according to research by Frost & Sullivan. The seals market earned revenue of more … Read more »