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Tag: Shale oil and gas

Apache to drill 20 horizontal gas wells in Apollonia field for $100 million

Posted: December 14, 2016 at 4:36 pm   /   Oil & Gas

Apache intends to spend USD 100 mn for horizontal drilling on 20 natural gas wells in the Apollonia field in the Western Desert, Al Borsa reports. If successful, the vertical wells are expected to produce around 40 mcf/d from limestone. Apache has spent USD 24 mn so far on exploration and testing in the Apollonia […]

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The natural gas revolution (

Posted: July 15, 2016 at 3:37 pm   /   Oil & Gas

By Katherine A. Rasmussen. ABO discussed price trends, shale gas and the role of renewables with Adam Sieminski, Administrator of the US Energy Information Administration, at the 2016 EIA Energy Conference. In its capacity as a statistical agency, what does the EIA foresee happening to oil prices, and consequently to gas prices, in the near-term? […]

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"The Safety of Shale Gas" by Benjamin Plackett (from

Posted: June 25, 2016 at 4:41 pm   /   Oil & Gas

One of the biggest controversies surrounding shale gas as an energy source is whether or not chemicals seep into the water table. A test has been developed by researchers at the University of Edinburgh to check for contamination. This could help monitor the safety of shale gas and coal bed methane extraction. Benjamin Plackett explains […]

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Dana Gas CEO expects "bumpy road" ahead for oil market as shale sets floor

Posted: June 2, 2016 at 3:08 pm   /   Oil & Gas

• Dana Gas boosts output to 70,000 barrels of oil equivalent/day. • Company plans to cut debt with awards from arbitration case. The oil market is heading for a “bumpy road” with prices close to levels that are profitable for U.S. shale producers, according to Patrick Allman-Ward, chief executive officer of Dana Gas PJSC, which […]

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Shell, Apache & Petroleum Ministry agree on Apollonia field shale gas price

Posted: June 2, 2016 at 2:54 pm   /   Oil & Gas

• The new agreement decided on $4.6 per 1m thermal units instead of $2.9. • Apache completed drilling two horizontal wells in the limestone layers of the Western Desert. Dutch company Shell and the American Apache have agreed with the Ministry of Petroleum on the price of the gas in the limestone layers at Apollonia […]

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Apache, BP and others expand in emerging Egypt

Posted: May 4, 2016 at 1:23 pm   /   Oil & Gas

Houston-based Apache Corp. focused on growing in U.S. shale plays and selling most of its international holdings. But now that the oil bust is in full bloom, especially in North America, Apache’s chief executive is glad the company held onto its assets in Egypt. “In a sub-$50 oil world, the international assets really shine through,” […]

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Video: ‪Animation of Hydraulic Fracturing – fracking (Marathon Oil)‬

Posted: April 12, 2016 at 2:00 pm   /   Oil & Gas

Safe, cost-effective refinements in hydraulic fracturing (also known as fracking), horizontal drilling and other innovations now allow for the production of oil and natural gas from tight shale formations that previously were inaccessible. This video introduces the proven techniques used to extract resources from shale formations in a safe, environmentally responsible manner. Includes Spanish subtitles. […]

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Video: Using Hydraulic Fracturing and Horizontal Drilling for Natural Gas Production (Chevron)

Posted: April 8, 2016 at 2:00 pm   /   Oil & Gas

Geologists have long known about huge natural gas deposits trapped in shale rock formations, but it is only over the past decade that energy companies have combined two established technologies to unlock this resource. See how Chevron uses horizontal drilling and hydraulic fracturing to safely produce natural gas from shale. For more about Chevron’s shale […]

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Video: Finding and producing tight or shale oil and gas (Shell)

Posted: March 11, 2016 at 11:00 am   /   Oil & Gas

See the full life cycle of a tight or shale oil or gas well. We walk through planning and building a pad, exploring for oil and gas, developing a location and producing oil or gas. You’ll see how we drill and hydraulically fracture a tight oil or gas well, and what a producing pad typically […]

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