Tag: Shale Gas Production

Commercialization, Conventional Fuels

Chevron posts $6.6 billion loss in the fourth quarter

January 31, 2020

Via: CNBC energy

Chevron on Friday posted a $6.6 billion loss in the fourth quarter due to $10.4 billion worth of write-offs related to shale gas production in Appalachia and deep-water projects in the Gulf of Mexico. In December, the company warned that […]

Commercialization, Conventional Fuels, News and Policies, U.S.

U.S. LNG Tipped To Go Global On Abundant Supplies

March 28, 2019

Via: Forbes

Liquefied Natural Gas (LNG) market sentiment is increasingly leaning in favor of substantial volumes of North American, especially U.S., cargoes heading to global markets, as ample supply is pushing rising shale gas production into export markets and beyond the reach […]

Commercialization, Conventional Fuels

Shale Gas Is Not A Revolution

July 6, 2017

Via: Forbes

Shale gas is not a revolution. It’s just another play with a somewhat higher cost structure but larger resource base than conventional gas. The marginal cost of shale gas production is $4/mmBtu despite popular but incorrect narratives that it is […]

Chemical, Conventional Fuels

Future U.S. Tight Oil and Shale Gas Production Depends on Resources, Technology, Markets

August 24, 2016

Via: Energy Collective

Based on projections in the U.S. Energy Information Administration’s Annual Energy Outlook 2016 (AEO2016), U.S. tight oil production is expected to reach 7.08 million barrels per day (b/d), and shale gas production is expected to reach 79 billion cubic feet […]