British independent oil and gas explorer Cuadrilla started drilling on Thursday the country’s first horizontal shale gas exploration well, in the Preston New Road site, northwest England, Kallanish Energy reports.
UK oil supermajor BP said on Monday the Mancos Shale formation, in western U.S. could be one of the leading shale plays in the country, following results from a “highly productive” well in New Mexico, Kallanish Energy reports.
British onshore oil and gas exploration firm Cuadrilla has once again caused polemic in northwest England, as the company delivered last week a drilling rig to its Preston New Road site at about 04:45 a.m. GMT, instead of the permitted time from 07:30 a.m.
Support for shale gas exploration through hydraulic fracturing (fracking) activities has decreased from 21% to 16% in the UK, between June and July this year, compared to the same period a year ago, an energy and climate change public attitude tracker revealed this week.
The U.S.’s total natural gas supply could handle its annual needs for more than a century, according to the latest biennial assessment of the nation’s total reserves by the nonprofit Potential Gas Committee.
Argentina’s Vaca Muerta shale play will receive a new wave of investments by both local and foreign players in a bid to unlock the potential of one of the largest unconventional resources in the world, Kallanish Energy learns.
Mexico should become an increasingly important global oil and gas supplier, as reforms take hold and foreign participation grows, International Energy Agency and U.S. Department of Energy leaders agreed during a joint press conference Tuesday, in Washington, D.C.