EU leaders summit in Brussels on Wednesday, Ceramic proppant shale oil extraction on the EU's plan was discussed.
Compared with the U.S., European energy expensive. The new shale oil and gas resources of the United States energy prices low.frac proppant Hosted the summit of the European Council President Herman Van Rompuy said that the European fear of becoming the only continent dependent on energy imports.
However, the production of oil shale are also potentially high risk environments. Critics argue that, through the hydraulic fracturing method, it is to use hydraulic fracturing the rock to release oil and gas extraction method will be a threat to water resources,unconventional gas and may even cause earthquakes.
high crush proppants
Friday, August 30, 2013
German beer makers worried about impact of shale gas Beer Purity
Because insiders fear will pollute the water hydraulic breaker method, thus affecting the purity of their beer, German beer manufacturers recently called on German President Angela - Angela Merkel (Angela Merkel) prohibit the use of hydraulic fracturing of
shale gas exploitation. It is reported that, according to the German government's plan for hydraulic breaker law and regulations, although it will all have been implemented into the discharge of groundwater pollution, but on behalf of Anheuser-Busch InBev and Bitburger Braugruppe GmbH and other companies of the German brewers association (Association of German Breweries) or reject accepted.Ceramic proppant The association said that the proposal did not adequately protect drinking water safety, it would violate the country on beer purity law, and the law in Germany more than 500 years of history. Association spokesman Mark - Oliver - Hong Huozi (Marc-Oliver Huhnholz) on Thursday, said: "We are concerned that hydraulic breaker method will pollute the water brewing, while more than half of German beer makers are from the private exploitation of the mine water, which would threaten our very pure beer. "association has issued a letter to convey this concern to the German cabinet six ministers.frac sand companies Including German Environment Minister Peter - Alter Meyer (Peter Altmaier). Earlier, German Environment Minister Duarte Meyer said hydraulic breaker law concerning matters shall be made by the state and local government decision.
Need long-term plan to achieve energy independence
Government and industry must recognize that shale gas and shale oil is not cheap and will one day be exhausted:frac proppant United States 70% of the shale gas production is no longer growing or falling from the shale fields. The tight oil production there are also long-term sustainability of doubt.
High yield of shale fields are scarce, 30 shale gas field in six accounted for 88% of total production, 21 have two dense oil accounted for 81% of total production. Many producers out of oil or gas from shale fields within a relatively small area within the dessert. The oil / gas wells will be the overall quality of the wells with dessert saturated and began to decline, which in turn requires sustained growth in oil / gas wells to maintain production.
Production will eventually be available limit on the number of drilling locations, and once this limit is reached, the output will be 30% to 50% per year rate of decline. For the Bakken and Eagle dense fields, it is expected that this will happen in five years.
EIA projections indicate that by 2040, the United States will finish all known mined shale gas reserves, 58% of unproved shale gas resources, as well as 78% of the undiscovered tight oil resources.frac sand Such exploitation of hydrocarbons based on the principle that these are expected seem overly optimistic. EIA expects natural gas prices lack credibility because of its steady growth in the next 20 years the supply of low production cost estimates. Declared that the U.S. Energy Independence and deployment plans to export shale resources is unwise. Shale revolution must be in a long-term viability for the future,ceramic ball sustainable energy strategy to be considered.
High yield of shale fields are scarce, 30 shale gas field in six accounted for 88% of total production, 21 have two dense oil accounted for 81% of total production. Many producers out of oil or gas from shale fields within a relatively small area within the dessert. The oil / gas wells will be the overall quality of the wells with dessert saturated and began to decline, which in turn requires sustained growth in oil / gas wells to maintain production.
Production will eventually be available limit on the number of drilling locations, and once this limit is reached, the output will be 30% to 50% per year rate of decline. For the Bakken and Eagle dense fields, it is expected that this will happen in five years.
EIA projections indicate that by 2040, the United States will finish all known mined shale gas reserves, 58% of unproved shale gas resources, as well as 78% of the undiscovered tight oil resources.frac sand Such exploitation of hydrocarbons based on the principle that these are expected seem overly optimistic. EIA expects natural gas prices lack credibility because of its steady growth in the next 20 years the supply of low production cost estimates. Declared that the U.S. Energy Independence and deployment plans to export shale resources is unwise. Shale revolution must be in a long-term viability for the future,ceramic ball sustainable energy strategy to be considered.
Thursday, August 29, 2013
GE has invested heavily in the development of shale oil and gas
According to Fox Business (FoxBusiness) reported that General Electric (GE) is seeking to improve its hydraulic fracturing (hydraulicfracturing) technology and expand its oilfield services business.
The company is dropping billions of dollars to be able to benefit from shale gas revolution.ceramic ball GE Oil & Gas is its fastest growing sector, its revenue since 2009, an increase of 57%.
GE last month announced that it will establish a research center in Oklahoma in order to improve oil recovery process.
GE said in a press release, "Research Center aims to improve safety,Ceramic proppant efficiency, stable production and delivery of non-conventional oil and gas technology."
General Electric CEO Jeff Immelt (JackImmelt) on Twitter beginning of the year that the United States is the outbreak of shale gas "revolution."
The company is dropping billions of dollars to be able to benefit from shale gas revolution.ceramic ball GE Oil & Gas is its fastest growing sector, its revenue since 2009, an increase of 57%.
GE last month announced that it will establish a research center in Oklahoma in order to improve oil recovery process.
GE said in a press release, "Research Center aims to improve safety,Ceramic proppant efficiency, stable production and delivery of non-conventional oil and gas technology."
General Electric CEO Jeff Immelt (JackImmelt) on Twitter beginning of the year that the United States is the outbreak of shale gas "revolution."
The process of change in the energy mix , we should emphasize the part
Energy for the future changes in the structure of international trends, taking into account relevant measures in the process, needs to be emphasized orientation diversity.
First, optimize the allocation of resources from the orientation of view , to further enhance the efficiency of resource allocation emphasized . First, we must balance resources imported species, in addition to oil and coal resources, from quite a long time now and for the development of shale gas revolution starting the trend to further expand the scale of natural gas imports ; two is to make the distribution of energy imports, further decentralization of the market , continue to strengthen the process of selection of imported energy, opportunities to expand ; Third, changing over from the extensive mode of economic development way , optimal adjustment of industrial structure, improve the efficiency of energy use ; fourth is to further the development of domestic energy commodities trading market, increase variety of transactions , maintaining a relatively stable domestic energy prices ;unconventional gas five is to strengthen the regulatory mechanism of government departments , chambers of commerce and corporate self-discipline coordination mechanism to prevent the herd .
Secondly, from the orientation of ensuring energy security point of view, should be based on the international market, supply-side efforts to form a stronger anti- pressure , high dependence on imports effectively resolve to bring energy supply risks. One is to further promote the " going out" strategy to support efforts at the appropriate time more copy CNOOC acquisition of Canadian oil company Nexen kind of success stories ; Second, the domestic shale gas , methanol , ethanol , wind, solar and other non- traditional energy development combine to form a second echelon of China's energy supply ; Third, to further expand the scale of energy reserves , in addition to expansion of oil reserve base , should also be part of the resources to achieve " as used with the mining " requirements.
Again, from the point of view of sustainable development orientation , as long as there is enough recoverable reserves as security of supply , China could enhance energy pricing in the international market during the game emboldened . First, the future of domestic shale gas development priorities should be emphasized that , in addition to emphasis on exploration and technology R & D investment , but in shale gas exploitation is even more important to emphasize gradual, especially to careful awarded licenses ;frac sand Second, from the development cycle economic start, it will start from the initial process of shale gas development environmental protection and water conservation recycling and comprehensive utilization of land resources combine specifically targeting shale gas development on ecology , groundwater, air quality and other aspects venue systematic study of the impact . The third is to strengthen research and development efforts to further enhance the efficiency of shale gas extraction , mining cost effective control .
First, optimize the allocation of resources from the orientation of view , to further enhance the efficiency of resource allocation emphasized . First, we must balance resources imported species, in addition to oil and coal resources, from quite a long time now and for the development of shale gas revolution starting the trend to further expand the scale of natural gas imports ; two is to make the distribution of energy imports, further decentralization of the market , continue to strengthen the process of selection of imported energy, opportunities to expand ; Third, changing over from the extensive mode of economic development way , optimal adjustment of industrial structure, improve the efficiency of energy use ; fourth is to further the development of domestic energy commodities trading market, increase variety of transactions , maintaining a relatively stable domestic energy prices ;unconventional gas five is to strengthen the regulatory mechanism of government departments , chambers of commerce and corporate self-discipline coordination mechanism to prevent the herd .
Secondly, from the orientation of ensuring energy security point of view, should be based on the international market, supply-side efforts to form a stronger anti- pressure , high dependence on imports effectively resolve to bring energy supply risks. One is to further promote the " going out" strategy to support efforts at the appropriate time more copy CNOOC acquisition of Canadian oil company Nexen kind of success stories ; Second, the domestic shale gas , methanol , ethanol , wind, solar and other non- traditional energy development combine to form a second echelon of China's energy supply ; Third, to further expand the scale of energy reserves , in addition to expansion of oil reserve base , should also be part of the resources to achieve " as used with the mining " requirements.
Again, from the point of view of sustainable development orientation , as long as there is enough recoverable reserves as security of supply , China could enhance energy pricing in the international market during the game emboldened . First, the future of domestic shale gas development priorities should be emphasized that , in addition to emphasis on exploration and technology R & D investment , but in shale gas exploitation is even more important to emphasize gradual, especially to careful awarded licenses ;frac sand Second, from the development cycle economic start, it will start from the initial process of shale gas development environmental protection and water conservation recycling and comprehensive utilization of land resources combine specifically targeting shale gas development on ecology , groundwater, air quality and other aspects venue systematic study of the impact . The third is to strengthen research and development efforts to further enhance the efficiency of shale gas extraction , mining cost effective control .
China's measures to consider
China to promote shale gas development will encounter "acclimatized." From the "water" point of view, China is a country with severe water scarcity, and promote use of
Hydraulic fracturing for shale gas development is also bound to be subject to water restrictions. Meanwhile, from the "earth" point of view, the same shale gas production under Ida area is several times more than conventional natural gas, while China's per capita land area in the world, ranked 110 after shale gas development to bring unbearable pressure area .
For shale gas revolution arising from the restructuring and its impact on international energy stage the priority is to clarify the process for me this change challenges and opportunities, timely adjustment related ideas.
On the one hand, from the perspective of sustainable development, but also to emphasize at this stage shale gas development and utilization of long-term perspective. Shale gas is still a one-time consumption of traditional non-renewable resources, to be more rational use. Thus, to meet the basic needs, based on the domestic energy supply and demand in balance to maintain an appropriate course of "hunger", not only helps to promote energy conservation, but also contribute to a "steady" to extend the exploitation of non-renewable resources lives, to achieve sustainable development goals.
On the other hand, increased efforts to develop shale gas must be emphasized in order. At present China's energy consumption structure, natural gas accounted for only about 4%. In optimizing China's energy structure of the "feast", the shale gas resources only as a "side dish." At this stage, along with China's dependence on foreign oil supplies rising China in the international market pricing process right to speak relatively weak. Thus,Proppant it is imperative to increase the elasticity of supply of domestic oil, and by accelerating the development of shale gas to reduce dependence on foreign oil is not the top priority at this stage to see more than move.
For shale gas revolution arising from the restructuring and its impact on international energy stage the priority is to clarify the process for me this change challenges and opportunities, timely adjustment related ideas.
On the one hand, from the perspective of sustainable development, but also to emphasize at this stage shale gas development and utilization of long-term perspective. Shale gas is still a one-time consumption of traditional non-renewable resources, to be more rational use. Thus, to meet the basic needs, based on the domestic energy supply and demand in balance to maintain an appropriate course of "hunger", not only helps to promote energy conservation, but also contribute to a "steady" to extend the exploitation of non-renewable resources lives, to achieve sustainable development goals.
On the other hand, increased efforts to develop shale gas must be emphasized in order. At present China's energy consumption structure, natural gas accounted for only about 4%. In optimizing China's energy structure of the "feast", the shale gas resources only as a "side dish." At this stage, along with China's dependence on foreign oil supplies rising China in the international market pricing process right to speak relatively weak. Thus,Proppant it is imperative to increase the elasticity of supply of domestic oil, and by accelerating the development of shale gas to reduce dependence on foreign oil is not the top priority at this stage to see more than move.
Wednesday, August 28, 2013
Dollars or as a "commodity currencies"
And this situation in the near future will probably overturn the traditional financial markets one of the most reliable indicators:Ceramic proppant the dollar and crude oil prices inverse correlation.
Generally speaking, the dollar index positive factor for the price of crude oil is often a negative factor. The U.S. oil boom cycle may change into the traditional theory of financial markets.
With U.S. crude oil and natural gas constant growing,Proppant the market has already been proposed in the future whether the dollar will be like the current Australian dollar, Canadian dollar and the Norwegian krone as a "commodity currencies", the value of the U.S. dollar and crude oil prices showed a positive correlation relationship.
Oppenheimer (Oppenheimer) Fund Portfolio Manager AlessiodeLongis said, "Energy for the U.S. economy is no longer a cost expenditures,unconventional gas but will be a source of profit, but also to promote employment or."
The manager added, "The future of the U.S. or will become a net exporter of energy and we are already seeing from the financial markets, the dollar and oil correlation is waning."
Generally speaking, the dollar index positive factor for the price of crude oil is often a negative factor. The U.S. oil boom cycle may change into the traditional theory of financial markets.
With U.S. crude oil and natural gas constant growing,Proppant the market has already been proposed in the future whether the dollar will be like the current Australian dollar, Canadian dollar and the Norwegian krone as a "commodity currencies", the value of the U.S. dollar and crude oil prices showed a positive correlation relationship.
Oppenheimer (Oppenheimer) Fund Portfolio Manager AlessiodeLongis said, "Energy for the U.S. economy is no longer a cost expenditures,unconventional gas but will be a source of profit, but also to promote employment or."
The manager added, "The future of the U.S. or will become a net exporter of energy and we are already seeing from the financial markets, the dollar and oil correlation is waning."
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