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This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.
When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson
Field Studies of Radon in Rocks, Soils, and Water focuses on the principal sources of indoor radon and detecting radon through geochemical and hydrological studies of ground water. The book addresses how to measure radon, covers geological field study techniques, and presents techniques for assessing radon potential. The geochemical and hydrological studies of ground water cover such areas as health effects and radionuclides in geology. Techniques for measuring radon in ground water are also provided. Field Studies of Radon in Rocks, Soils, and Water is an excellent practical guide for geologists, geochemists, ground water professionals, and geophysicists interested in radon. Features
A comprehensive overview of the key geologic, geomechanical and engineering principles that govern the development of unconventional oil and gas reservoirs. Covering hydrocarbon-bearing formations, horizontal drilling, reservoir seismology and environmental impacts, this is an invaluable resource for geologists, geophysicists and reservoir engineers.
"An excellent objective explanation of the history, science, technology, politics, environmental concerns, and economics of the shale gas boom. The author clearly has great practical experience of the science and technology of shale gas development and shows a deep understanding of the environmental and economic issues." --Andrew Stone, Executive Director, American Ground Water Trust New technology has opened vast reserves of "unconventional" natural gas and oil from shales like the Marcellus in the Appalachian Basin, making the United States essentially energy independent for the first time in decades. Shale gas had its origins in the oil embargos and energy crises of the 1970s, which led to government research to increase domestic energy supplies. The first large-scale shale gas production was successful on the Barnett Shale in Texas in the late 1990s, followed a few years later by the Marcellus Shale in Pennsylvania. Shale gas has changed thinking about fossil energy supplies worldwide, but the development of these resources has been controversial. Activists have made claims that hydraulic fracturing may contribute to climate change, threaten groundwater resources, and pose risks to terrestrial and aquatic ecosystems, and human health. This volume explores the geology, history, technology, and potential environmental impacts of Marcellus Shale gas resources.
Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.
This book describes the application of modern information technology to reservoir modeling and well management in shale. While covering Shale Analytics, it focuses on reservoir modeling and production management of shale plays, since conventional reservoir and production modeling techniques do not perform well in this environment. Topics covered include tools for analysis, predictive modeling and optimization of production from shale in the presence of massive multi-cluster, multi-stage hydraulic fractures. Given the fact that the physics of storage and fluid flow in shale are not well-understood and well-defined, Shale Analytics avoids making simplifying assumptions and concentrates on facts (Hard Data - Field Measurements) to reach conclusions. Also discussed are important insights into understanding completion practices and re-frac candidate selection and design. The flexibility and power of the technique is demonstrated in numerous real-world situations.
As the shale revolution continues in North America, unconventional resource markets are emerging on every continent. In the next eight to ten years, more than 100,000 wells and one- to two-million hydraulic fracturing stages could be executed, resulting in close to one trillion dollars in industry spending. This growth has prompted professionals ex
Natural gas production from hydrocarbon-rich shale formation, known as "shale gas", is one of the most rapidly expanding trends in onshore domestic oil and gas exploration and production today. In some areas, this has included bringing drilling and production to regions of the country that have seen little or no activity in the past. New oil and gas developments bring changes to the environmental and socio-economic landscape, particularly in those areas where gas development is a new activity. With these changes have come questions about the nature of shale gas development, the potential environmental impacts, and the ability of the current regulatory structure to deal with this development. This book discusses geologic information on the shale gas basins in the U.S. and the methods of shale gas development, as well as the regulatory framework and the environmental considerations associated with shale gas development.