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Author Archives: Shane Thielges

Iraqi Kurdistan has shipped 8 million oil barrels

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Shane Thielges | Shale Plays Media Iraqi Kurdistan announced today that it has shipped 8 million barrels of oil overseas since May despite Baghdad’s attempts to halt the sales. Today’s shipment of 250,000 barrels, the eleventh from the nearby Ceyhan port in Turkey, cemented the milestone, Reuters reports. The Kurdistan Regional Government says it is now employing a number of ...

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Global crude shortages now outweighed by US production

Shane Thielges | Shale Plays Media Record-setting production levels of liquid fuel in the U.S. are high enough to offset global oil price spikes caused by unplanned production disruptions, reports the Energy Information Administration. The results of a multi-year EIA study of America’s effect on the global energy market were released yesterday. The organization concluded that the country’s growing liquid ...

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Wood Mackenzie: Marcellus could hold another $90 billion in value

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Stephanie Ritenbaugh | Pittsburgh Post-Gazette The Marcellus Shale is currently the “largest shale gas play in the world,” and a study from Wood Mackenzie predicts that growth won’t stop any time soon because the formation holds more than $90 billion in remaining value. “Although rig counts have fallen across the Marcellus since early 2012, we can see that improved efficiency ...

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Time is short to avert shale industry’s imminent radioactive dilemma

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Shane Thielges | Shale Plays Media Debate surrounding the health effects of hydraulic fracturing tends to center around a few figurehead issues. The potential for oil spills from wells or pipelines, air and noise pollution from drilling activities and contamination of underground drinking water supplies often dominate the conversation, prompting ill-informed standoffs between a public concerned for its safety and ...

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New Jersey prospers from Marcellus neighbors

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Shane Thielges | Shale Plays Media An article published yesterday on NorthJersey.com examines the benefits of having a Marcellus shale drilling state for a neighbor. Pennsylvania’s natural gas industry has been an economic boon to nearby New Jersey, says writer James O’Neill. The abundance of natural gas in the local market has reduced the need for shipments from further, and ...

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Banks Gas Services finds success in jobs outside shale industry

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Chris Fleisher | Pittsburgh Tribune-Review Tom Banks isn’t interested in chasing work in the Marcellus shale. Instead, he wants the business that Marcellus pipeline contractors have left behind. “We’re really good at what we do in the city,” said Banks, owner of Banks Gas Services, a gas line contractor in North Versailles. “I don’t want to leave our strengths to ...

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Romanian government postpones increase of natural gas price for households

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Agerpres Staff Report BUCHAREST — The Romanian state reserves the right of postponing the implementation of the schedule for the liberalization of the natural gas price for households until a dispute with the European Commission is settled; therefore, this price will not increase on October 1 as previously scheduled, the Department of Energy informed in a release. A governmental delegation ...

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