Paradigm Shift: Hydraulic
Fracturing, Shale Development and Energy Abundance
As
is commonly held by energy sector experts, the game-changing
development of the shales and the resurgence of natural gas as a
virtually new, huge, versatile, long-term fuel, with a shrinking
environmental footprint, is based upon the synergistic deployment
of several key technologies. These key synergizing technologies
include horizontal drilling, multi-well pad drilling, steerable
drills and, foremost in the public's mind, high-volume hydraulic
fracturing, with the latter reduced in the public's mind to
"fracking" and then errantly applied to represent the
entire shale development process. Therefore, in order to preserve
this abundance, industry professionals and well-informed
stakeholders, must persist in talking about hydraulic fracturing
properly and insist upon it being accorded the respect it deserves.
Hydraulic
fracturing, in tandem with other entrepreneurially driven
disruptive technologies, has helped create a true paradigm shift,
from energy scarcity to energy abundance in the United States. This
newly found, technologically propelled abundance has been further
fostered by the nexus of innovation, entrepreneurship and available
capital. In order to optimize and extend this newly found energy
abundance from domestic oil and natural shale development, it is
imperative that hydraulic fracturing, with its ever-increasing
efficiencies, be allowed to continue.
|
|
|
|
West Virginia, Ohio and
Pennsylvania to Coordinate Efforts to Attract Shale Business
|
Leaders from the three states agreed to join forces
and attract more shale gas business to the Marcellus and Utica
Shales area - which happens to be the most productive basin in
the country.
Click here to get the details.
|
|
|
Another $1.1 Billion Gas
Powered Power Plant Planned for the Utica Shale
|
South Field Energy LLC has announced the $1.1
billion power plant will be located in Columbiana County. It will
be the sixth new gas-fired power plant being built in Ohio - due
to the abundance of the Utica Shale's natural gas.
Click here to read about the
announcement.
|
|
|
The Heart of Shale Country:
Wheeling, W.Va. - The Nation's Fifth Fastest Growing Economy
|
According to the U.S. Department of Commerce,
Wheeling has profited from the natural gas boom. Wheeling's GDP
grew by 9.5 percent from 2013 to 2014. The other top four fastest
growing economies? All located in strong shale gas regions.
|
|
|
|