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Energy Tomorrow Blog

Shale Oil and Gas Are America’s Energy Future

Shale Oil  hydraulic fracturing  Natural Gas Shale 

Kate Wallace

Kate Wallace
Posted August 22, 2016

Shale oil and natural gas will continue to be major players in the U.S. energy mix for many years to come. In its 2016 Annual Energy Outlook, the U.S. Energy Information Administration (EIA) predicts U.S. tight oil production to reach 7.08 million barrels per day and shale gas production to reach 79 billion cubic feet in 2040. In 2015, tight oil accounted for 52% of crude oil production and shale gas accounted for 50% of natural gas production. This is all possible because of technology advances and innovations in horizontal drilling and hydraulic fracturing.

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Safe, Abundant Energy for America’s Future

safety standards  safe operations  offshore energy development  oil and natural gas  shale energy  crude oil  liquefied natural gas  exports  ethanol  renewable fuel standard 

Mark Green

Mark Green
Posted April 8, 2015

NOLA.com: Five years after the BP oil spill in the Gulf of Mexico, the oil and gas industry can respond and contain well blowouts offshore faster than ever before, said Don Armijo, CEO of the Marine Well Containment Co. But he said work remains to make sure containment equipment keeps pace with industry's push to drill in deeper waters.

Armijo, who spoke Tuesday (April 7) at a business lunch at The Roosevelt Hotel in downtown New Orleans, said Marine Well Containment Co. has the equipment to respond to oil gushers in up to 10,000 feet of water. The industry will outgrow that equipment, he said.

"We know there has been drilling proposed in areas much deeper than 10,000 feet of water," Armijo said. "That's the big thing. How do we actually get the technology put together so we can be deeper? These are the kind of things that are on our minds all the time."

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