Argentina’s shale-rich Neuquén Province will hold a meeting with oil investors in Houston tomorrow, a day before President Mauricio Macri meets his U.S. counterpart Donald Trump, province’s governor Omar Gutiérrez said last week.
First-quarter mergers and acquisitions in the U.S. oil and gas industry set a record for a first quarter, helped by steadier oil and gas prices, a pro-energy administration, and technological advances, according to PwC’s latest energy deals report.
Dividing northern Appalachian forests by pipeline and access road construction is the major threat from shale gas development, say researchers, who recommend changing infrastructure-siting policies to head off loss of habitat.
The Bossier and Haynesville formations, on and offshore along the U.S. Gulf Coast contain estimated means of 4 billion barrels of oil, 304.4 trillion cubic feet of natural gas, and 1.9 billion barrels of natural gas liquids, according to updated assessments by the U.S. Geological Survey.
British unconventional explorer Cuadrilla plans to start the drilling stage of its shale gas exploratory plans in northwest England within the next “couple of months,” company’s CEO Francis Egan said last Wednesday.
Argentina’s state-run oil company YPF and the world’s largest oil service company, Schlumberger, said last week they will partner to start a new shale oil pilot in Bandurria Sur block, in the Vaca Muerta Shale Play, Kallanish Energy reports.