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Book Economics of Unconventional Shale Gas Development

Download or read book Economics of Unconventional Shale Gas Development written by William E. Hefley and published by Springer. This book was released on 2014-12-03 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.

Book The Global Impact of Unconventional Shale Gas Development

Download or read book The Global Impact of Unconventional Shale Gas Development written by Yongsheng Wang and published by Springer. This book was released on 2016-07-15 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. Shale gas development in recent years has changed the energy discussion in the US as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible; the discussion is quickly becoming international in scope. The potential expansion of natural gas development impacts many regions of the globe and spans multiple perspectives. In a volatile international climate, one of intense geopolitical conflict between Russia and the West, economic slowdowns in Europe and China, military conflicts in the Middle East and northern Africa, and widening income disparity in the U.S., a relatively inexpensive and plentiful energy source like shale gas could play a key role in mitigating such conflicts. In an energy interdependent global community, however, multiple factors such as oil prices, differing rates of exploration, environmental concerns, strategic initiatives, institutional changes, legal and regulatory issues, and actions of the nations involved all have the potential to influence future outcomes. This book discusses each of these in turn, detailing the issues most prevalent in each geographical area. The first volume to provide a comprehensive global view of the impacts of shale gas development, this book fills a gap in the current research literature, providing vital information for the scholarly community and the public alike. This book will be of interest to researchers and students of economics, energy policy, public administration, and international relations as well as policy makers and residents of the regions that are experiencing shale gas development.

Book Unconventional Shale Gas Development

Download or read book Unconventional Shale Gas Development written by Rouzbeh G. Moghanloo and published by Gulf Professional Publishing. This book was released on 2022-02-23 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unconventional Shale Gas Development: Lessons Learned gives engineers the latest research developments and practical applications in today’s operations. Comprised of both academic and corporate contributors, a balanced critical review on technologies utilized are covered. Environmental topics are presented, including produced water management and sustainable operations in gas systems. Machine learning applications, well integrity and economic challenges are also covered to get the engineer up-to-speed. With its critical elements, case studies, history plot visuals and flow charts, the book delivers a critical reference to get today’s petroleum engineers updated on the latest research and applications surrounding shale gas systems. Bridges the gap between the latest research developments and practical applications through case studies and workflow charts Helps readers understand the latest developments from the balanced viewpoint of academic and corporate contributors Considers environmental and sustainable operations in shale gas systems, including produced water management

Book Environmental and Health Issues in Unconventional Oil and Gas Development

Download or read book Environmental and Health Issues in Unconventional Oil and Gas Development written by Debra A Kaden and published by Elsevier. This book was released on 2015-12-07 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental and Health Issues in Unconventional Oil and Gas Development offers a series of authoritative perspectives from varied viewpoints on key issues relevant in the use of directional drilling and hydraulic fracturing, providing a timely presentation of requisite information on the implications of these technologies for those connected to unconventional oil and shale gas development. Utilizing expertise from a range of contributors in academia, non-governmental organizations, and the oil and gas industry, Environmental and Health Issues in Unconventional Oil and Gas Development is an essential resource for academics and professionals in the oil and gas, environmental, and health and safety industries as well as for policy makers. Offers a multi-disciplinary appreciation of the environmental and health issues related to unconventional oil and shale gas development Serves as a collective resource for academics and professionals in the oil and gas, environmental, health, and safety industries, as well as environmental scientists and policymakers Features a diverse and expert group of chapter authors from academia, non-governmental organizations, governmental agencies, and the oil and gas industry

Book Risks  Rewards and Regulation of Unconventional Gas

Download or read book Risks Rewards and Regulation of Unconventional Gas written by R. Quentin Grafton and published by Cambridge University Press. This book was released on 2016-12-28 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the drivers and implications of unconventional gas at regional, national and global scales with case studies and in-depth analyses.

Book Governing Shale Gas

    Book Details:
  • Author : John Whitton
  • Publisher : Routledge
  • Release : 2020-03-04
  • ISBN : 9780367459864
  • Pages : 310 pages

Download or read book Governing Shale Gas written by John Whitton and published by Routledge. This book was released on 2020-03-04 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shale energy development is an issue of global importance. The number of reserves globally, and their potential economic return, have increased dramatically in the past decade. Questions abound, however, about the appropriate governance systems to manage the risks of unconventional oil and gas development and the ability for citizens to engage and participate in decisions regarding these systems. Stakeholder participation is essential for the social and political legitimacy of energy extraction and production, what the industry calls a 'social license' to operate. This book attempts to bring together critical themes inherent in the energy governance literature and illustrate them through cases in multiple countries, including the US, the UK, Canada, South Africa, Germany and Poland. These themes include how multiple actors and institutions - industry, governments and regulatory bodies at all scales, communities, opposition movements, and individual landowners - have roles in developing, contesting, monitoring, and enforcing practices and regulations within unconventional oil and gas development. Overall, the book proposes a systemic, participatory, community-led approach required to achieve a form of legitimacy that allows communities to derive social priorities by a process of community visioning. This book will be of great relevance to scholars and policy-makers with an interest in shale gas development, and energy policy and governance.

Book Shale Gas and the Future of Energy

Download or read book Shale Gas and the Future of Energy written by John C. Dernbach and James R. May and published by Edward Elgar Publishing. This book was released on 2016-02-26 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth of shale gas development has led to an intense and polarizing debate about its merit. This book asks and suggests answers to the question that has not yet been systematically analysed: what laws and policies are needed to ensure that shale gas development helps to accelerate the transition to sustainability? In this groundbreaking book, more than a dozen experts in policy and academia assess the role that sustainability plays in decisions concerning shale gas development in the US and elsewhere, offering legal and policy recommendations for developing shale gas in a manner that accelerates the transition to sustainability. Contributors assess good practices from Pennsylvania to around the planet, discussing how these lessons translate to other jurisdictions. Ultimately, the book concludes that major changes in law and policy are needed to develop shale gas sustainably. Policymakers and educators alike will find this book to be a valuable resource, as it tackles the technical, social, economic and legal aspects associated with this sustainability issue. Other strengths are its clear language and middle-ground policy perspective that will make Shale Gas and the Future of Energy accessible to both students and the general public.

Book Governing Shale Gas

Download or read book Governing Shale Gas written by John Whitton and published by Routledge. This book was released on 2018-07-27 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shale energy development is an issue of global importance. The number of reserves globally, and their potential economic return, have increased dramatically in the past decade. Questions abound, however, about the appropriate governance systems to manage the risks of unconventional oil and gas development and the ability for citizens to engage and participate in decisions regarding these systems. Stakeholder participation is essential for the social and political legitimacy of energy extraction and production, what the industry calls a 'social license' to operate. This book attempts to bring together critical themes inherent in the energy governance literature and illustrate them through cases in multiple countries, including the US, the UK, Canada, South Africa, Germany and Poland. These themes include how multiple actors and institutions – industry, governments and regulatory bodies at all scales, communities, opposition movements, and individual landowners – have roles in developing, contesting, monitoring, and enforcing practices and regulations within unconventional oil and gas development. Overall, the book proposes a systemic, participatory, community-led approach required to achieve a form of legitimacy that allows communities to derive social priorities by a process of community visioning. This book will be of great relevance to scholars and policy-makers with an interest in shale gas development, and energy policy and governance.

Book When Fracking Comes to Town

Download or read book When Fracking Comes to Town written by Sabina E. Deitrick and published by Cornell University Press. This book was released on 2022-01-15 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson

Book Unconventional Oil and Gas Resources

Download or read book Unconventional Oil and Gas Resources written by Usman Ahmed and published by CRC Press. This book was released on 2016-04-05 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the shale revolution continues in North America, unconventional resource markets are emerging on every continent. In the next eight to ten years, more than 100,000 wells and one- to two-million hydraulic fracturing stages could be executed, resulting in close to one trillion dollars in industry spending. This growth has prompted professionals ex

Book Shale Gas  Ecology  Politics  Economy

Download or read book Shale Gas Ecology Politics Economy written by Sergey S. Zhiltsov and published by Springer. This book was released on 2017-02-21 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book highlights various aspects of shale gas production and discusses the associated problems, which have greatly influenced the current situation on the global gas market. It focuses on issues such as production technologies, environmental protection, and the impacts of shale gas production on human beings. Further, it investigates the role of shale gas in the development and implementation of foreign policy of many nations that welcomed the possibility to produce this hydrocarbon in their own countries. Taking into consideration the information published by world energy research centers, the prospects of shale gas production in different regions of the world are examined in detail. Given its coverage and scope, the book will greatly benefit specialists in the areas of hydrocarbon production, international relations and foreign policy, world economics and technologies, ecology and environmental protection.

Book The Political Economy of Fracking

Download or read book The Political Economy of Fracking written by Ilia Murtazashvili and published by Routledge. This book was released on 2018-12-07 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, "fracking" has led to a revolution in shale gas production. For some, shale gas promised economic opportunities, cheaper energy bills, and an alternative to coal. For others, shale gas was fool’s gold. Critics contend that the shale boom has occurred in a regulatory Wild West, that the response has been fractured and ineffective, or that the harmful environmental and health consequences exceed the benefits from shale gas production. The Political Economy of Fracking argues that the criticism of the shale revolution has been misplaced. The authors use insights from a diversity of perspectives in political economy to understand why the shale boom occurred, who won in the race for shale, and who was left behind. The book explains how private property rights and entrepreneurs led to the shale boom. It contends that polycentric governance, which encourages a diversity of regulatory responses, is a virtue because it generates knowledge about the most appropriate ways to regulate shale development. Private property rights and political institutions that provide for local self-governance also helped to ensure that the benefits of shale gas production exceeded its costs. The authors make the case for fracking shale gas using evidence from shale-producing countries from around the world, comparing them to those that have fallen behind in the shale race. They show that private property rights and markets have been a source of innovation and dynamism and that a diversity of regulatory responses is appropriate to govern shale gas development. This book is insightful reading for academics and professionals interested in the shale boom, the fracking industry in general, and regulatory policy.

Book Unconventional Natural Gas Development

Download or read book Unconventional Natural Gas Development written by Jeremy P. Collins and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent growth in unconventional natural gas production has also produced a profusion of publications on the exploration, development, production, infrastructure, economics, uses, and environmental impacts of these resources. This book summarises the current state of published descriptions of the potential environmental impacts of unconventional natural gas upstream operations within the Lower 48 United States. It also examines the technology, impacts and regulations of hydraulic fracturing, which is a key technique that has enabled the economic production of natural gas from shale deposits, or plays.

Book Unconventional  Natural Gas Developmt from Marcellus Shale

Download or read book Unconventional Natural Gas Developmt from Marcellus Shale written by Daniel J. Soeder and published by Geological Society of America. This book was released on 2017 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An excellent objective explanation of the history, science, technology, politics, environmental concerns, and economics of the shale gas boom. The author clearly has great practical experience of the science and technology of shale gas development and shows a deep understanding of the environmental and economic issues." --Andrew Stone, Executive Director, American Ground Water Trust New technology has opened vast reserves of "unconventional" natural gas and oil from shales like the Marcellus in the Appalachian Basin, making the United States essentially energy independent for the first time in decades. Shale gas had its origins in the oil embargos and energy crises of the 1970s, which led to government research to increase domestic energy supplies. The first large-scale shale gas production was successful on the Barnett Shale in Texas in the late 1990s, followed a few years later by the Marcellus Shale in Pennsylvania. Shale gas has changed thinking about fossil energy supplies worldwide, but the development of these resources has been controversial. Activists have made claims that hydraulic fracturing may contribute to climate change, threaten groundwater resources, and pose risks to terrestrial and aquatic ecosystems, and human health. This volume explores the geology, history, technology, and potential environmental impacts of Marcellus Shale gas resources.

Book An Overview of Unconventional Oil and Natural Gas

Download or read book An Overview of Unconventional Oil and Natural Gas written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-11-21 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has seen resurgence in petroleum production, mainly driven by technology improvements-especially hydraulic fracturing and directional drilling-developed for natural gas production from shale formations. Application of these technologies enabled natural gas to be economically produced from shale and other unconventional formations, and contributed to the United States becoming the world's largest natural gas producer in 2009. Use of these technologies has also contributed to the rise in U.S. oil production over the last few years. In 2009, annual oil production increased over 2008, the first annual rise since 1991, and has continued to increase each year since. Between January 2008 and May 2014, U.S. monthly crude oil production rose by 3.2 million barrels per day, with about 85% of the increase coming from shale and related tight oil formations in Texas and North Dakota. Other tight oil plays are also being developed, helping raise the prospect of energy independence, especially for North America. The rapid expansion of tight oil and shale gas extraction using high-volume hydraulic fracturing has raised concerns about its potential environmental and health impacts. These concerns include potential direct impacts to groundwater and surface water quality, water supplies, and air quality. In addition, some have raised concerns about potential long-term and indirect impacts from reliance on fossil fuels and resulting greenhouse gas emissions and influence on broader energy economics. This report focuses mainly on actions related to controlling potential direct impacts. States are the primary regulators of oil and gas production on non-federal lands. State laws and regulations governing oil and gas production have been evolving across the states in response to changes in production practices as producers have expanded into tight oil, shale gas, and other unconventional hydrocarbon formations. However, state rules vary considerably, leading to calls for more federal oversight of unconventional oil and gas extraction activities, and hydraulic fracturing specifically. Although provisions of several federal environmental laws can apply to certain activities related to oil and gas production, proposals to expand federal regulation in this area have been highly controversial. Some advocates of a larger federal role point to a wide range of differences among state regulatory regimes, and argue that a national framework is needed to ensure a consistent minimum level of protection for surface and groundwater resources, and air quality. Others argue against more federal involvement, and point to the long-established state oil and natural gas regulatory programs, regional differences in geology and water resources, and concern over regulatory redundancy. The federal role in regulating oil and gas extraction activities-and hydraulic fracturing, in particular-has been the subject of considerable debate and legislative proposals for several years, but legislation has not been enacted. While congressional debate has continued, the Administration has pursued a number of regulatory initiatives related to unconventional oil and gas development under existing statutory authorities.

Book Onshore Unconventional Hydrocarbon Development

Download or read book Onshore Unconventional Hydrocarbon Development written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2018-08-23 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil and gas well completion and stimulation technologies to develop unconventional hydrocarbon resources in the United States have evolved over the past several decades, particularly in relation to the development of shale oil and shale gas. Shale oil and shale gas resources and the technology associated with their production are often termed "unconventional" because the oil and gas trapped inside the shale or other low-permeability rock formation cannot be extracted using conventional technologies. Since about 2005, the application of these technologies to fields in the U.S. have helped produce natural gas and oil in volumes that allowed the country to reduce its crude oil imports by more than 50% and to become a net natural gas exporter. The regional and national economic and energy advances gained through production and use of these resources have been accompanied, however, by rapid expansion of the infrastructure associated with the development of these fields and public concern over the impacts to surface- and groundwater, air, land, and communities where the resources are extracted. The intent of the first day of the workshop of the National Academies of Sciences, Engineering, and Medicine's Roundtable on Unconventional Hydrocarbon Development was to discuss onshore unconventional hydrocarbon development in the context of potential environmental impacts and the ways in which the risks of these kinds of impacts can be managed. Specifically, the workshop sought to examine the lifecycle development of these fields, including decommissioning and reclamation of wells and related surface and pipeline infrastructure, and the approaches from industry practice, scientific research, and regulation that could help to ensure management of the operations in ways that minimize impacts to the environment throughout their active lifetimes and after operations have ceased. This publication summarizes the presentations and discussions from the workshop.

Book Risks and Risk Governance in Shale Gas Development

Download or read book Risks and Risk Governance in Shale Gas Development written by National Research Council and published by National Academies Press. This book was released on 2014-09-30 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural gas in deep shale formations, which can be developed by hydraulic fracturing and associated technologies (often collectively referred to as "fracking") is dramatically increasing production of natural gas in the United States, where significant gas deposits exist in formations that underlie many states. Major deposits of shale gas exist in many other countries as well. Proponents of shale gas development point to several kinds of benefits, for instance, to local economies and to national "energy independence". Shale gas development has also brought increasing expression of concerns about risks, including to human health, environmental quality, non-energy economic activities in shale regions, and community cohesion. Some of these potential risks are beginning to receive careful evaluation; others are not. Although the risks have not yet been fully characterized or all of them carefully analyzed, governments at all levels are making policy decisions, some of them hard to reverse, about shale gas development and/or how to manage the risks. Risks and Risk Governance in Shale Gas Development is the summary of two workshops convened in May and August 2013 by the National Research Council's Board on Environmental Change and Society to consider and assess claims about the levels and types of risk posed by shale gas development and about the adequacy of existing governance procedures. Participants from engineering, natural, and social scientific communities examined the range of risks and of social and decision-making issues in risk characterization and governance related to gas shale development. Central themes included risk governance in the context of (a) risks that emerge as shale gas development expands, and (b) incomplete or declining regulatory capacity in an era of budgetary stringency. This report summarizes the presentations on risk issues raised in the first workshop, the risk management and governance concepts presented at the second workshop, and the discussions at both workshops.