The Shale Shock—How the World Has Changed


Graphic1The world has changed. Although few yet understand it, the revolution in the production of oil and natural gas from shale has altered the course of global energy, affecting most of the world’s people. This is not a short-term event. Citizens, industries, and nations will be impacted for decades to come.
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‘It’s All About that Basin, Bout Dat Basin…No Trouble (Well Maybe a Little)


Cases from the Shale Plays That Will Impact the Oil and Gas Industry

If there is a lesson to be learned from recent and pending cases in the shale plays, it might just be, “Proceed with Caution.” This is particularly true in states in the newer shale plays, like Ohio, where the local courts are revisiting settled rules governing mineral ownership, conflicts between local and state regulators, traditional lease terms, and even the very nature of oil and gas property rights. While the outcomes of these cases are unclear and sometimes even surprising, what is clear is they will impact operators far beyond the borders of the Utica and the other basins where they are decided.
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Shaky Claims: Hydraulic Fracturing Is Causing Earthquakes


The term “fracking”—short for hydraulic fracturing—has become a buzzword throughout the United States. Proponents of the technology celebrate oil and natural gas production as a means of reducing energy prices and stimulating economic growth, while opponents of the well-completion technique voice environmental concerns, among them the fear hydraulic fracturing will usher in a new era of manmade earthquakes.
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The Shale Revolution: Expanding the Use of Alternative Financing Structures


THE BOOM: It is difficult, if not impossible, to survey the current energy landscape in the United States without seeing the phrase “shale boom”—for good or for bad—somewhere in the rhetoric. In the past 10 years, technological advances in fracking and horizontal drilling have drastically changed domestic production and overhauled the possibilities for the future. The U.S. shale boom is attributed with not only record U.S. gasoline exports and record increases in domestic crude production, but also lower gas prices for U.S. consumers, increased jobs for American workers, reductions in carbon emissions and even a possible boost to Black Friday spending in 2014. And in the realm of U.S. policy, the shale boom has provided a market response to concerns of foreign oil dependence that many would say is unrivaled by any formal government response. For these reasons, some say the “shale boom” is actually a “shale revolution” if we consider that shale advances have created a fundamental shift in the North American energy landscape in a relatively short period of time.
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