Discoveries

Archive for June, 2008

Some Sixty Rigs Are Drilling For North Dakota’s Bakken

Friday, June 27th, 2008 Posted in Uncategorized | 2 Comments »

I just returned from a field trip to the Williston Basin to visit the Bakken play. This is a major resource play in a complex shale reservoir that contains interbedded sands, ... Read more..

Brazil’s Oil Production Record Achieved In Deep Waters

Wednesday, June 25th, 2008 Posted in Uncategorized | No Comments »

Brazil is rapidly becoming one of the world's top petroleum producers. In December 2007, state company Petrobras produced a record of 2.2 million barrels of oil equivalent per day, an ... Read more..

Up, Up and Away: Shale Gas Production Lifts Off

Sunday, June 15th, 2008 Posted in Uncategorized | 1 Comment »

Shale-gas production in the U.S. is ballooning. I was recently doing a back-of-the-envelope calculation, and I think gas production from shales could easily be north of 5 Bcf per day at ... Read more..

LNG Vessels Sail Past U.S. This Year

Sunday, June 8th, 2008 Posted in Uncategorized | 1 Comment »

This year, LNG import levels in the U.S. are plummeting to levels not seen since 2003. It’s a sea change from 2007, when imports of liquefied gas reached record levels. ... Read more..

Talisman Reveals New York Marcellus Shale Plans

Tuesday, June 3rd, 2008 Posted in Uncategorized | No Comments »

Calgary-based explorer Talisman Energy Inc. is embarking on a major shift in strategy. At a recent investor day, the company said that it planned to spend up to C$420 million ... Read more..