Well, not really. Water is a scarce resource. That’s especially true if you’re fracking for oil and gas: according to the American Petroleum Institute, you’ll need somewhere on the order of 2 to 4 million gallons per well. With 35,000 … Continue reading
Canadian company Progress energy announced that it plans to invest approximately $465 million in 2012 to continue the development of its North Montney resource base, initiate the first phases of development on its joint venture lands with PETRONAS, and pursue its light oil … Continue reading
Kinder Morgan, Inc. (NYSE: KMI) and El Paso Corporation (NYSE: EP) today announced a definitive agreement whereby KMI will acquire all of the outstanding shares of EP in a transaction that will create the largest midstream and the fourth largest … Continue reading
SHALEconomy’s official launch will take place on October 24th, 8:00 AM (MTN) at The 2nd Annual Bakken Infrastructure Finance and Development Summit 2011 in Denver, Colorado. SHALEconomy is a new blog, covering the top trends and stories in the shale oil and gas … Continue reading