Oil Price Crash a Blessing In Disguise for U.S. Shale

Financial Sense By Mark A. Hill Despite the doom & gloom, something new is happening in the oil industry. You need to prepare for the coming surge. One of the subtlest, most effective moves in sports is the head-fake. It’s a thing of beauty when done well. In the energy commodity business, it can be […]

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CMU set to save millions in energy costs annually

Power Source By Daniel Moore Carnegie Mellon University announced a plan today to shave energy costs by $2 million annually across more than three dozen buildings on its Oakland campus by improving efficiency with a cloud-based analytics system. In a partnership with IBM Corp., the university hopes to more quickly identify and correct inefficiencies in […]

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Company Names Vice President of Reservoir Engineering

Akron Beacon Journal By Bob Downing From Magnum Hunter Resources today: HOUSTON, TX—(Marketwired – Mar 4, 2015) – Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) (the “Company” or “Magnum Hunter”) announced that the Company has appointed Charlie Gibson as Vice President of Reservoir Engineering effective March 2, […]

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Train derailment could affect 183,000 in Pittsburgh, study says

Power Source By Daniel Moore More than 183,000 Pittsburgh residents — and 3.9 million Pennsylvanians — could be forced to leave their homes if a train carrying crude oil derailed nearby, according to a statewide study released Monday by a partnership of environmental nonprofits. The report coincides with a second report from a local investigative […]

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What Impact Has Hydraulic Fracturing Had on the Average American Consumer?

OilPro Tim Stinson For the majority of Americans, the concept of hydraulic fracturing—more commonly referred to as “fracking”—probably isn’t thought about on a day-to-day basis, if at all. However, hydraulic fracturing has had a significant impact on the American economy, and therefore the average American consumer. Background on Fracking and the Oil Boom In recent […]

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Shale Players To Shop For More Efficient Technology

Oil Online By Oil Online Press Recent years have seen marked advancement of the shale gas industry largely in part to key enabling technologies in shale gas extraction. This includes hydraulic fracturing, horizontal drilling, microseismic monitoring technologies, information and communication technologies, and produced water technologies. Powered by these technologies, the shale gas industry has managed to […]

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Shell Invests in WellDog Shale Sensing Technology

“WellDog has enjoyed a long, positive relationship with Shell,” said John M. Pope, WellDog president and CEO. “We are impressed with STV’s focus and value-add, and of course they are one of the most sophisticated investment groups in the industry. We look forward to continuing our multifaceted collaboration with Shell directed at bringing key technical […]

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Pittsburgh Center Expands Shale Wastewater Standards

Akron Beacon Journal By Bob Downing The Center for Sustainable Shale Development (CSSD), a collaboration of environmental organizations and energy companies to encourage prudent and responsible development of shale gas resources in the Appalachian region, announced today that it has expanded its wastewater Performance Standard 1 to address the treatment of shale wastewater at permitted […]

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Study: High levels of Pollutants From Drilling Waste Found in Pa. Rivers

Power Source By Don Hopey New scientific sampling and analysis has found high concentrations of ammonium and iodide, two potentially hazardous pollutants, in oil and gas well drilling wastewater discharged into streams and rivers in Pennsylvania and other states. The peer-reviewed study, which will be published this week in the journal Environmental Science & Technology, […]

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