Unconventional oil

Fraser Institute News Release: Fracking generally safe, includes manageable risks, can help reduce GHG emissions

Retrieved on: 
Thursday, February 13, 2020

Contrary to popular rhetoric, the risks of fracking can be managed and minimalized in Canada and elsewhere, said Robert P. Murphy, Fraser Institute senior fellow and author of Managing the Risks of Hydraulic Fracturing, 2020 .

Key Points: 
  • Contrary to popular rhetoric, the risks of fracking can be managed and minimalized in Canada and elsewhere, said Robert P. Murphy, Fraser Institute senior fellow and author of Managing the Risks of Hydraulic Fracturing, 2020 .
  • Research suggests that altering the depth and flow rate of the water injection can minimize the risk of seismic activity.
  • Fracking produces methane emissionsa greenhouse gas (GHG)but research suggests that fracking operations emit less methane (per unit of output) than conventional natural gas wells.
  • Furthermore, by making natural gas more abundant, fracking displaces the use of coal in electric power plants, which helps reduce carbon dioxide emissions that contribute to climate change.

Visiongain Publishes Global Tight Gas Market 2019-2029 Report

Retrieved on: 
Wednesday, January 29, 2020

Tight gas is known to be an unconventional source of natural gas as it requires significant hydraulic fracturing.

Key Points: 
  • Tight gas is known to be an unconventional source of natural gas as it requires significant hydraulic fracturing.
  • Once a well is drilled to the bottom to a tight gas deposit, artificial stimulation can be used to enable the flow of tight gas from the rock.
  • Hydraulic fracturing is one main method which is used to access the gas, and this method requires breaking apart the rocks by pumping the well full of high-pressure fracking fluids.
  • In May 2019, Royal Dutch Shell Plc announced its plans to acquire an oil-block stake in a second deal in South Africa's relatively unexplored waters.

Visiongain Publishes Global Tight Gas Market 2019-2029 Report

Retrieved on: 
Wednesday, January 29, 2020

Tight gas is known to be an unconventional source of natural gas as it requires significant hydraulic fracturing.

Key Points: 
  • Tight gas is known to be an unconventional source of natural gas as it requires significant hydraulic fracturing.
  • Once a well is drilled to the bottom to a tight gas deposit, artificial stimulation can be used to enable the flow of tight gas from the rock.
  • Hydraulic fracturing is one main method which is used to access the gas, and this method requires breaking apart the rocks by pumping the well full of high-pressure fracking fluids.
  • In May 2019, Royal Dutch Shell Plc announced its plans to acquire an oil-block stake in a second deal in South Africa's relatively unexplored waters.

Vortex Brands Reveals How PAS Technology Is Like “Fracking” Electricity

Retrieved on: 
Wednesday, January 29, 2020

Our efforts to bring this energy-saving technology to market have faced several challenges that we thought were unique to our endeavor.

Key Points: 
  • Our efforts to bring this energy-saving technology to market have faced several challenges that we thought were unique to our endeavor.
  • However, we recently saw nearly the same dynamics, market resistance, and triumph play out within the energy sector and realized we needed to share how PAS technology is like fracking.
  • The problem to solve was how to extract the oil and gas from the hard shale rock in an economical way.
  • Vortex Brands Co., under the dba Vortex Green Energy will provide as a service multipurpose Phase Angle Synchronization (PAS) equipment to electric utilities nationwide.

Growth of Fracking Fluid Market to be Impacted by the Increasing Demand for Oil and Gas| Technavio

Retrieved on: 
Thursday, January 23, 2020

Global Fracking Fluid Market Landscape 2020-2024: Geographic landscape

Key Points: 
  • Global Fracking Fluid Market Landscape 2020-2024: Geographic landscape
    Global Fracking Fluid Market Landscape 2020-2024: Application
    Register for a free trial today and gain instant access to 17,000+ market research reports.
  • The rising industrialization and urbanization in countries such as China and India and the growing energy consumption are driving the demand for oil and gas.
  • According to IEA, the global energy demand is expected to grow by 25% during 2018-2040.
  • This will drive the demand for fracturing fluid in these unconventional E&P techniques, which will boost the growth of the fracking fluid market during the forecast period.

Petroleum (Amendment)

Retrieved on: 
Thursday, January 16, 2020

Latest Bill

Key Points: 
  • Latest Bill

    Latest news on the Petroleum (Amendment) Bill [HL] 2019-20

    First reading took place on 15 January.

  • This stage is a formality that signals the start of the Bill's journey through the Lords.
  • Second reading - the general debate on all aspects of the Bill - is yet to be scheduled.
  • Summary of the Petroleum (Amendment) Bill [HL] 2019-20

    A Bill to prohibit licensing to search and bore for petroleum and onshore hydraulic fracturing activities; to amend the principal objective for the Oil and Gas Authority to be to meet the carbon reduction target for 2050 under the Climate Change Act 2008; and to provide for the Oil and Gas Authority to produce strategies which include the phasing out of the extraction and use of petroleum and transitional planning towards renewable energies

Global Crude Oil Pipelines Industry Outlook to 2023 - Capacity & Capital Expenditure Outlook with Details of All Operating & Planned Crude Oil Pipelines

Retrieved on: 
Tuesday, January 14, 2020

DUBLIN, Jan. 14, 2020 /PRNewswire/ -- The "Global Crude Oil Pipelines Industry Outlook to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Crude Oil Pipelines" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 14, 2020 /PRNewswire/ -- The "Global Crude Oil Pipelines Industry Outlook to 2023 - Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Crude Oil Pipelines" report has been added to ResearchAndMarkets.com's offering.
  • Global Crude Oil Pipelines Industry, Annual New-Build Capital Expenditure Outlook for Planned and Announced Pipelines
    2.2.3.
  • Global Crude Oil Pipelines Industry, Annual New-Build Capital Expenditure Outlook for Planned and Announced Pipelines by Key Countries
    2.3.
  • Global Crude Oil Pipelines Industry, Regional Comparison based on Contribution to Global Crude Oil Pipeline Network
    3.1.

Visiongain Report Researches Growth Opportunities Within the $20,202 Million Thermal Enhanced Oil Recovery (EOR) Market

Retrieved on: 
Friday, January 10, 2020

LONDON, Jan. 10, 2020 /PRNewswire/ -- CAPEX & OPEX ($mn) & Production (bpd) Forecasts for Oil Sands, Heavy Oil, Steam Injection (Cyclic Steam Stimulation (CSS), Steam Flooding), Steam-Assisted Gravity Drainage (SAGD) & Other Technologies Plus Detailed Project Tables & Analysis of Leading Companies

Key Points: 
  • LONDON, Jan. 10, 2020 /PRNewswire/ -- CAPEX & OPEX ($mn) & Production (bpd) Forecasts for Oil Sands, Heavy Oil, Steam Injection (Cyclic Steam Stimulation (CSS), Steam Flooding), Steam-Assisted Gravity Drainage (SAGD) & Other Technologies Plus Detailed Project Tables & Analysis of Leading Companies
    Read on to discover how this definitive report can transform your own research and save your time.
  • This market is expected to grow at a faster pace, owing to continuous work over oil fields, rapid depletion of fossil fuels, increasing long-term demand for oil are the prime factors propelling the demand of thermal enhanced oil recovery (EOR) market globally.
  • However, factors like requirement for high capital for the exploration of oil wells, fluctuations in oil prices, environmental concerns may hamper the growth of thermal enhanced oil recovery (EOR) market.
  • To request sample pages from this report please contact Sara Peerun at [email protected] or refer to our website: https://www.visiongain.com/report/thermal-enhanced-oil-recovery-eor-mark...

Visiongain Report Researches Growth Opportunities Within the $20,202 Million Thermal Enhanced Oil Recovery (EOR) Market

Retrieved on: 
Friday, January 10, 2020

LONDON, Jan. 10, 2020 /PRNewswire/ -- CAPEX & OPEX ($mn) & Production (bpd) Forecasts for Oil Sands, Heavy Oil, Steam Injection (Cyclic Steam Stimulation (CSS), Steam Flooding), Steam-Assisted Gravity Drainage (SAGD) & Other Technologies Plus Detailed Project Tables & Analysis of Leading Companies

Key Points: 
  • LONDON, Jan. 10, 2020 /PRNewswire/ -- CAPEX & OPEX ($mn) & Production (bpd) Forecasts for Oil Sands, Heavy Oil, Steam Injection (Cyclic Steam Stimulation (CSS), Steam Flooding), Steam-Assisted Gravity Drainage (SAGD) & Other Technologies Plus Detailed Project Tables & Analysis of Leading Companies
    Read on to discover how this definitive report can transform your own research and save your time.
  • This market is expected to grow at a faster pace, owing to continuous work over oil fields, rapid depletion of fossil fuels, increasing long-term demand for oil are the prime factors propelling the demand of thermal enhanced oil recovery (EOR) market globally.
  • However, factors like requirement for high capital for the exploration of oil wells, fluctuations in oil prices, environmental concerns may hamper the growth of thermal enhanced oil recovery (EOR) market.
  • To request sample pages from this report please contact Sara Peerun at [email protected] or refer to our website: https://www.visiongain.com/report/thermal-enhanced-oil-recovery-eor-mark...

Global Oil and Gas Drilling Automation Market 2020-2024 | Evolving Opportunities with ABB Ltd. and Akastor ASA | Technavio

Retrieved on: 
Tuesday, January 7, 2020
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20200106006085/en/
    Technavio has announced its latest market research report titled global oil and gas drilling automation market 2020-2024.
  • Growth in shale oil production and adoption of IoT technology is anticipated to boost the growth of the oil and gas drilling automation market.
  • The oil and gas industry has been witnessing an increase in the production of shale oil and gas over recent years.
  • Oil and Gas Drilling Automation Application Outlook (Revenue, USD Million, 2020 - 2024)
    Oil and Gas Drilling Automation Regional Outlook (Revenue, USD Million, 2020 - 2024)