Subscribe free to our newsletters via your
. 24/7 Space News .




ENERGY TECH
More production expected from top U.S. oil shale basins
by Daniel J. Graeber
Washington (UPI) Apr 17, 2013


disclaimer: image is for illustration purposes only

Oil production from some of the top shale basins in the United States is expected to increase by 70,000 barrels per day next month, the Energy Department said.

In a weekly update, the Energy Information Administration, the statistical arm of the Energy Department, said it expected the gains to come from the combined output from the Bakken, Niobrara, Permian and Eagle Ford shale basins.

EIA said it expected the Permian basin in the southern United States to show the most growth, while a spring thaw in Northern Plains states may disrupt some activity in the Bakken region between mid-April and June.

EIA said flat oil prices and rising costs meant energy companies may pull back on future spending on exploration and development in the shale basins, though increasing drilling efficiency may offset the loss.

Nevertheless, EIA said annual reports from oil and natural gas companies show spending on exploration and production activities increased 5 percent last year to $18 billion, though property acquisition in the shale areas declined.

Total spending in the upstream, or refining sector, was relatively flat last year after an annual growth rate of 11 percent per year in the ten-year period ending in 2012.

[EIA]

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ENERGY TECH
Technip, Heerema win third giant Angolan oil contract
Paris (AFP) April 16, 2014
The ultra-deep Angolan offshore oil project called Kaombo generated the third huge contract in three days on Wednesday when French group Total picked two firms to carry out underwater engineering worth $3.5 billion. The latest groups to win a share of the mega investment are French engineering firm Technip in association with Dutch company Heerema Marine Contractors. The cascade of annou ... read more


ENERGY TECH
Russian Federal Space Agency is elaborating Moon exploration program

Science, Discovery Channels to broadcast private race to the moon

Take the Plunge: LADEE Impact Challenge

Land a Lunar Laser Reflector Now!

ENERGY TECH
Mars' halcyon times may have been fleeting

Gusev Crater once held a lake after all

Mars Exploration in a Deep Mine

Images From NASA Mars Rover Include Bright Spots

ENERGY TECH
Veggie Will Expand Fresh Food Production on ISS

Reporters See NASA's Latest High Tech Exploration Tool Before Testing

Recycling astronaut urine for energy and drinking water

Orion Avionics System Ready for First Test Flight

ENERGY TECH
China launches experimental satellite

Tiangong's New Mission

"Space Odyssey": China's aspiration in future space exploration

China to launch first "space shuttle bus" this year

ENERGY TECH
'Cherry tree from space' mystery baffles Japan

Extra-terrestrial Tweet-up links Tokyo with space

Russian cargo ship docks to space station

Progress Departs, New Cargo Ships Awaiting Launch

ENERGY TECH
NASA Ames Launches Nanosatellites, Science Experiments on SpaceX Rocket

On-board camera provides a unique perspective on Arianespace Flight VS07

The DZZ-HR satellite is fueled for Arianespace's upcoming Vega launch

EUTELSAT 3B Mission Status Update

ENERGY TECH
Chance meeting creates celestial diamond ring

Faraway Moon or Faint Star? Possible Exomoon Found

The Importance of Planetary Plumes

Orbital physics is child's play with 'Super Planet Crash'

ENERGY TECH
New Self-healing Plastics Developed

New technique takes cues from astronomy and ophthalmology to sharpen microscope images

Cork trees offer greener source of polyester

Vanguard Space Technologies Antenna Reflectors on Amazonas Satellite Launch




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.