April 12, 2024. Gas Equipment Company, Inc. is thrilled to announce the upcoming opening of its newest location in Mankato, Minnesota in the summer of 2024. This expansion marks a significant milestone for the company as it continues its mission to deliver excellence and unmatched service to businesses and individuals across the region.

China's 5-year plan for shale gas had been to increase production to 6.5 billion cu m/ year by 2015. The technological advances listed above, however, have put the country ahead of schedule. In ...

This event aims at oil and gas equipment manufacturers, well-service companies, policy think tanks, and prospective E&P companies seeking to learn more about new opportunities in Argentinean shale production and the new technologies and technical know-how available.

For that month, shale gas production averaged 2.7 billion cubic feet per day, seeing it comprise almost 61% of total natural gas output against 54% a year earlier.

According to the report published by Zion Market Research, the global Shale Gas Processing Equipment Market size was valued at USD 9.79 Billion in 2023 and is predicted to reach USD 34.19 Billion by the end of 2032. The market is expected to grow with a CAGR of 14.90% during the forecast period. The report analyzes the global Shale …

Welcome to the Canadian Shale Production 2021 Exhibition and Conference where leading Exploration & Production companies will meet with service providers in Calgary, Alberta to explore the next generation of new technologies and techniques for use in oil and gas production across the region. As the largest shale gas and tight oil region in ...

To get at shale gas, a vertical well is first drilled and then, using directional drilling equipment, the well is drilled horizontally. ... On December 7, 2010 EPA issued an endangerment order against a Barnett Shale gas company in Fort Worth, Texas. EPA ordered the company to take immediate action to protect homeowners who have …

46 New Shale Well Permits Issued for PA-OH-WV Jun 10 – 16. June 21, 2024. Three weeks ago, 31 new permits were issued to drill in the entire Marcellus/Utica region. Two weeks ago, the number dropped (dramatically) to just seven new permits.

PwC predicts the shale gas revolution could add one million U.S. manufacturing jobs by 2025 and reduce manufacturing expenses by $11.6 billion a year through that time. "We're seeing a shift ...

China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe) will establish the display and communication area for shale gas, . cisge 2025 is held in Beijing, China, from 3/26/2025 to 3/26/2025 in New China International Exhibition Center.

A typical well in the Marcellus shale may cost $3-5 million to drill and construct, along with another $3-5 million to hydraulically fracture, so a well may cost between $6-10 million dollars to develop before any oil or gas can be produced, on top of all the upfront exploration, leasing, and well pad construction work.

Published Jun 12, 2024. + Follow. " Shale Gas Processing Equipment Market was valued at US$ 8.96 Bn in 2022, and is projected to reach US$ 31.3 Bn by 2031, growing at a CAGR of 14.8% from 2023 to ...

The massive Marcellus shale is arguably the star of the Appalachian Basin plays. It is the largest natural gas play in the United States and also one of the deepest, located directly under the Mahantongo and Tully Limestone formations. The Marcellus Shale also overlaps its neighboring shale to the north, the Utica. Due to its immense natural gas holdings, …

Represent natural gas companies in the development, leasing, acquisition, and sale of oil and gas fields in the Marcellus Shale and Utica Shale regions. Our attorneys have experience in drafting the operative documents for these transactions, including purchase and sale agreements, assignments of leases and wells, and title clearance matters.

Pad preparation, security, gas collecting and processing, equipment, pipelines and road access: 0.13: Operation and maintenance b: Operation and maintenance: 1.50: Labour: ... By comparison, shale gas in the US generated US$29 bn in revenue to shale gas companies in 2010, contributing 0.2% to the GDP and US$10 bn …

China International Shale Gas Technology and Equipment Exhibition (CIGS) will be held with the world's largest petroleum exhibition -- cippe zhenwei international petroleum show concurrently. ... Gazprom is the world's largest natural gas company, which includes exploration, mining, transportation and processing, marketing of natural gas ...

Aethon to Acquire Tellurian Haynesville Shale Assets for $260MM. Aethon Energy is acquiring Tellurian Inc.'s Haynesville Shale assets in a $260 million deal, allowing Aethon to continue growing as the basin's top private producer and for financially struggling Tellurian to prioritize its flagship Driftwood LNG project. May 29, 2024.

Market Growth and Size: Shale Gas Processing Equipment Market was valued at US$ 8.96 Bn in 2023, and is projected to reach US$ 31.3 Bn by 2031, growing at a CAGR of 14.8% from 2024 to 2031 ...

Wet shale gas reserves increased to about 60.64 trillion cubic feet by year-end 2009, when they comprised about 21 percent of overall U.S. natural gas reserves, now at the highest level since 1971. 3 Oil production from shale plays, notably the Bakken Shale in North Dakota and Montana, has also grown rapidly in recent years.

The global shale gas processing equipment market grew from $6.11 billion in 2022 to $7.12 billion in 2023 at a compound annual growth rate (CAGR) of 16.5%. The Russia-Ukraine war disrupted the ...

Deep shale gas is significantly different from mid-deep shale gas in geological setting and engineering parameters, and it has more complex natural fractures and in-situ stress, making it more difficult to explore and develop (Table 1).After a systematic summary of the experiences gained in the Sichuan Changning–Weiyuan …

Picture taken August 22, 2019. REUTERS/Jessica Lutz Purchase Licensing Rights. HOUSTON, Nov 10 (Reuters) - Oilfield service companies that cater to U.S. shale oil and gas producers are turning ...

Shale gas companies Range Resources and Cabot Oil & Gas continue to find success in the Marcellus Shale. Range Resources ( RRC -1.73% ) recently announced its third quarter production has jumped ...

shale gas, natural gas obtained from sheetlike formations of shale, frequently at depths exceeding 1,500 metres (5,000 feet). Shales are fine-grained sedimentary rocks consisting of silt - and clay -sized particles that were laid down hundreds of millions of years ago as organic-rich mud at the bottom of ancient seas and tidal flats.

July 1, 2021. A natural gas well being hydraulically fractured near Williamsport, Pennsylvania. Jim West / Alamy. Shale gas and oil extraction, also known as fracking, is often credited by ...

Petroleum Asset eXcellence (PAX) Unlock the full value of your oil and gas assets. McKinsey experience shows that if Oil and Gas operators maximize the production efficiency of their assets, they can boost net present value by 30% and reduce lifting costs by up to 50% within a year. However, capturing the full value of oil and gas assets ...

The global shale gas processing equipment market is expected to witness rapid growth over the forecast period owing to increasing natural gas exploration and development initiatives. Rapidly growing energy demand has resulted in energy companies increasing their efforts to explore unconventional fuel reserves.

Who's drilling in the Marcellus Shale? Here are a few of the most active companies: Anadarko Petroleum Corporation Anadarko is a Fortune 500 company active in drilling oil and gas from around the world, including Asia, Africa, Brazil, and the Marcellus shale in Pennsylvania. Anadarko holds a 25% non-operating interest in the Macondo …

Gold innovation award. China International Shale Gas Technology and Equipment Exhibition (CIGS) will be held with the world's largest petroleum exhibition -- cippe zhenwei international petroleum show concurrently. …

Driving this stunning ascent, according to research by the Pittsburgh Business Times, are five dominant producers: Marcellus Shale Producer. Number of active wells. Shale gas production in ...