American Oil and Gas Reporter - January 2012 - 256
project, Robertson says, "Shale gas made
up a small share of domestic natural gas
production in 2005, but has surged since
then and in 2010 made up 20 percent of
what was produced domestically. By 2030,
the portion could be close to 50 percent."
Mature Shale Responses
"The survey findings are especially
interesting among the more mature shale
areas where people are long accustomed
to oil and gas development," reports Gary
Adams, Deloitte LLP vice chairman and
leader of the company's oil and gas practice. "There, eight in 10 respondents who
currently do, or ever have, leased their
land to a natural gas developer would do
so again."
Adams says those numbers are lower
in newer shale regions, indicating there
is a higher level of discomfort with the
processes and technologies involved in
developing shale gas.
"In Pennsylvania and New York, where
people are not as used to oil and gas development, a more modest majority of
residents (52 percent) would advise family
or friends to lease their land. Similarly, a
smaller majority of respondents who currently do or ever have leased their land
to a natural gas developer (53 percent)
would do so again," he adds.
Deloitte reports its survey also indicates
that shale gas could play an increasingly
important role in making the United States
more energy independent. It says respondents with at least some degree of familiarity with shale gas development view
energy independence as the single most
important benefit of shale; ahead of boosting the national economy, job creation,
cleaner air and improving local economies.
In addition, the survey indicates 62
percent of those polled who had some
familiarity with shale gas development
associated the word "clean" with natural
gas, making it the top association, over
other words such as "reliable" (47 percent),
"domestic" (41 percent), "affordable" (40
percent) and "abundant" (38 percent).
Deloitte says 88 percent of respondents
think it is at least "somewhat believable"
to claim that "using natural gas resources
to generate electricity can significantly
reduce our carbon footprint."
The survey reports there is public faith
that shale gas development is being regulated appropriately, with 54 percent of
respondents nationally saying regulation
is "just right" or "evolving, but on the
right track." Twenty percent think there
is too much regulation, 16 percent believe
there is not enough, and the remainder
are unsure.
Need Better Information
Deloitte says the survey indicates the
road to increased shale gas production
will be rocky, with 37 percent saying
they are "not very" or "not at all familiar"
with hydraulic fracturing, and 23 percent
saying they have never heard of the technique. Nevertheless, Deloitte asserts a
large percentage of the public is aware
of the concerns about shale gas development, with 58 percent of national respondents indicating at least some degree
of familiarity and claiming they are aware
of potential water contamination issues,
while 49 percent say they know about
the possibility of surface land impacts.
Curiously, Deloitte says, while the news
media is seen as the primary source of information on shale gas (much higher it
says than sources such as word of mouth,
nonprofit agencies, industry websites or
town hall meetings), people don't trust
them. Seventy-three percent of national
respondents say they get information about
shale gas development from the media,
the survey says, yet only 17 percent see
the media as "extremely" or "very" trustworthy when it comes to providing unbiased
coverage of the natural gas industry.
At the same time, the survey says respondents in areas where shale gas development is planned or under way say
they believe oil and gas companies need
to communicate better. While nearly half
(45 percent) believe shale gas producers
are "somewhat" transparent and open,
Deloitte says only 35 percent believe
shale gas companies communicate "extremely" or "very" effectively. Only 34
percent see shale gas companies as "extremely" or "very" trustworthy, the survey
indicates.
"There is so much shale activity in so
many parts of the country that it's important
to communicate and operate effectively,"
asserts Robinson. "Everything shale gas
producers do gets enormously magnified.
That is why they have to get it right every
time, on every well drilled. Consistently
operating with excellence and communicating effectively with all impacted stakeholders are critical attributes."
❒
Barnett Drives North Texas Economy
FORT WORTH-Robust even in the
face of recession, the Barnett Shale play
has emerged after 10 years as an immense,
resilient and growing economic engine
in the 24-county North Texas region as
well as Texas as a whole, an economic
and financial analysis finds.
Commissioned by the Fort Worth Chamber of Commerce and conducted by The
Perryman Group (TPG) of Waco, Tx., A
Decade of Drilling examines Barnett Shale
activity and impact on local, regional and
state business activity during 2001-11.
The study finds massive past, present
and future economic impact, and billions
of dollars generated in local and state tax
revenue, according to TPG, which estimates the cumulative economic benefits
during 2001-11 include $65.4 billion in
output (gross product) for the region, and
$80.7 billion in output for the state. The
study also calculates 596,648 person-
years of employment in the Barnett Shale
region as well as 710,319 person-years
of employment statewide, TPG adds.
TPG says 38.5 percent of the Barnett
Shale region's economic growth since
2001 stems from oil and gas activity,
which it figures constitutes 8.5 percent
of the local business complex.
"It is truly an amazing story," exclaims
Ray Perryman, TPG founder and president.
"Even though the level of drilling activity
in the Barnett Shale started declining in
late 2008, TPG found that the economic
impact of Barnett Shale activities has
continued to grow."
Bill Thornton, president and chief executive officer of the Fort Worth Chamber
of Commerce, says, "We commissioned
the study to see how or if the economic
downturn had impacted past projections
about the industry. We found that it's a
bulwark of our economy. Here is an ac-
256 THE AMERICAN OIL & GAS REPORTER
tivity that was virtually nonexistent a
decade ago, and now-thanks to new technology developed here-it is generating
huge benefits in terms of tax revenues,
payroll and personal income for our
region and the state."
A Winning Play
According to A Decade of Drilling,
the Barnett Shale has yielded more than
9 trillion cubic feet of natural gas. Although
a difficult economy has slowed exploration,
the study shows production from the Barnett Shale has continued to rise, topping
1.8 Tcf in 2010.
TPG estimates the 2011 total regional
effect of Barnett Shale activity includes
$11.1 billion in annual output. For Texas
as a whole, it says Barnett Shale-related
activity leads to estimated 2011 gains in
output (gross product) of almost $13.7
billion.
American Oil and Gas Reporter - January 2012
Table of Contents for the Digital Edition of American Oil and Gas Reporter - January 2012
The American Oil and Gas Reporter - January 2012
Contents
Reports
Calendar
Oil & Gas Counts
State Legislative
Industry Digest
Tech Connections
Washington Watch
Federal Legislation
EPA
Gulf of Mexico
Resource Plays Providing Wealth of Opportunities
Tight Plays Poised to Transform U.S. Crude Supply
El Paso Project Optimizes Eagle Ford Completion Design
Real-Time Forward Modeling Improves Bakken Horizontals
Cover Story
Financial Firms Expand Oil and Gas Divisions
Multicomponent 3-D Poised for Growth in Shale Plays
Cloud Computing Driving Business Step Changes
Advanced Attributes Improve 3-D Interpretation
3-D Data Improve Knowledge of Shale Heterogeneity
HBUR RSS Solves Granite Wash Drilling Challenges
Technologies Improve Production Consistency in Resource Plays
SaaS Helps Operator Streamline Data Management
Automation Enhances Operations in Challenging Applications
Dispersant Chemistry Combats Plugging in Low-Gravity Oil Wells
New Technologies Optimize Production
PIOGA
Drilling Regs
IOGAWV
The Presidential Papers
Energy Education
Conventions
Shale Gas
New Lits & Products
Computer Currents
Industry Focus
Classified Advertising
Advertisers Index
American Oil and Gas Reporter - January 2012 - The American Oil and Gas Reporter - January 2012
American Oil and Gas Reporter - January 2012 - 2
American Oil and Gas Reporter - January 2012 - 3
American Oil and Gas Reporter - January 2012 - 4
American Oil and Gas Reporter - January 2012 - Contents
American Oil and Gas Reporter - January 2012 - Reports
American Oil and Gas Reporter - January 2012 - 7
American Oil and Gas Reporter - January 2012 - 8
American Oil and Gas Reporter - January 2012 - 9
American Oil and Gas Reporter - January 2012 - Calendar
American Oil and Gas Reporter - January 2012 - 11
American Oil and Gas Reporter - January 2012 - 12
American Oil and Gas Reporter - January 2012 - 13
American Oil and Gas Reporter - January 2012 - Oil & Gas Counts
American Oil and Gas Reporter - January 2012 - 15
American Oil and Gas Reporter - January 2012 - Industry Digest
American Oil and Gas Reporter - January 2012 - 17
American Oil and Gas Reporter - January 2012 - 18
American Oil and Gas Reporter - January 2012 - 19
American Oil and Gas Reporter - January 2012 - 20
American Oil and Gas Reporter - January 2012 - 21
American Oil and Gas Reporter - January 2012 - 22
American Oil and Gas Reporter - January 2012 - 23
American Oil and Gas Reporter - January 2012 - 24
American Oil and Gas Reporter - January 2012 - Tech Connections
American Oil and Gas Reporter - January 2012 - 26
American Oil and Gas Reporter - January 2012 - Washington Watch
American Oil and Gas Reporter - January 2012 - Federal Legislation
American Oil and Gas Reporter - January 2012 - 29
American Oil and Gas Reporter - January 2012 - 30
American Oil and Gas Reporter - January 2012 - 31
American Oil and Gas Reporter - January 2012 - 32
American Oil and Gas Reporter - January 2012 - 33
American Oil and Gas Reporter - January 2012 - 34
American Oil and Gas Reporter - January 2012 - 35
American Oil and Gas Reporter - January 2012 - EPA
American Oil and Gas Reporter - January 2012 - 37
American Oil and Gas Reporter - January 2012 - 38
American Oil and Gas Reporter - January 2012 - 39
American Oil and Gas Reporter - January 2012 - 40
American Oil and Gas Reporter - January 2012 - 41
American Oil and Gas Reporter - January 2012 - Gulf of Mexico
American Oil and Gas Reporter - January 2012 - 43
American Oil and Gas Reporter - January 2012 - 44
American Oil and Gas Reporter - January 2012 - 45
American Oil and Gas Reporter - January 2012 - 46
American Oil and Gas Reporter - January 2012 - 47
American Oil and Gas Reporter - January 2012 - Resource Plays Providing Wealth of Opportunities
American Oil and Gas Reporter - January 2012 - 49
American Oil and Gas Reporter - January 2012 - 50
American Oil and Gas Reporter - January 2012 - 51
American Oil and Gas Reporter - January 2012 - 52
American Oil and Gas Reporter - January 2012 - 53
American Oil and Gas Reporter - January 2012 - 54
American Oil and Gas Reporter - January 2012 - 55
American Oil and Gas Reporter - January 2012 - 56
American Oil and Gas Reporter - January 2012 - 57
American Oil and Gas Reporter - January 2012 - 58
American Oil and Gas Reporter - January 2012 - 59
American Oil and Gas Reporter - January 2012 - 60
American Oil and Gas Reporter - January 2012 - 61
American Oil and Gas Reporter - January 2012 - Tight Plays Poised to Transform U.S. Crude Supply
American Oil and Gas Reporter - January 2012 - 63
American Oil and Gas Reporter - January 2012 - 64
American Oil and Gas Reporter - January 2012 - 65
American Oil and Gas Reporter - January 2012 - 66
American Oil and Gas Reporter - January 2012 - 67
American Oil and Gas Reporter - January 2012 - 68
American Oil and Gas Reporter - January 2012 - 69
American Oil and Gas Reporter - January 2012 - 70
American Oil and Gas Reporter - January 2012 - 71
American Oil and Gas Reporter - January 2012 - 72
American Oil and Gas Reporter - January 2012 - 73
American Oil and Gas Reporter - January 2012 - 74
American Oil and Gas Reporter - January 2012 - 75
American Oil and Gas Reporter - January 2012 - 76
American Oil and Gas Reporter - January 2012 - El Paso Project Optimizes Eagle Ford Completion Design
American Oil and Gas Reporter - January 2012 - 78
American Oil and Gas Reporter - January 2012 - 79
American Oil and Gas Reporter - January 2012 - 80
American Oil and Gas Reporter - January 2012 - 81
American Oil and Gas Reporter - January 2012 - 82
American Oil and Gas Reporter - January 2012 - 83
American Oil and Gas Reporter - January 2012 - 84
American Oil and Gas Reporter - January 2012 - 85
American Oil and Gas Reporter - January 2012 - 86
American Oil and Gas Reporter - January 2012 - Real-Time Forward Modeling Improves Bakken Horizontals
American Oil and Gas Reporter - January 2012 - 88
American Oil and Gas Reporter - January 2012 - 89
American Oil and Gas Reporter - January 2012 - 90
American Oil and Gas Reporter - January 2012 - 91
American Oil and Gas Reporter - January 2012 - 92
American Oil and Gas Reporter - January 2012 - 93
American Oil and Gas Reporter - January 2012 - Cover Story
American Oil and Gas Reporter - January 2012 - 95
American Oil and Gas Reporter - January 2012 - 96
American Oil and Gas Reporter - January 2012 - 97
American Oil and Gas Reporter - January 2012 - 98
American Oil and Gas Reporter - January 2012 - 99
American Oil and Gas Reporter - January 2012 - 100
American Oil and Gas Reporter - January 2012 - 101
American Oil and Gas Reporter - January 2012 - 102
American Oil and Gas Reporter - January 2012 - Financial Firms Expand Oil and Gas Divisions
American Oil and Gas Reporter - January 2012 - 104
American Oil and Gas Reporter - January 2012 - 105
American Oil and Gas Reporter - January 2012 - 106
American Oil and Gas Reporter - January 2012 - 107
American Oil and Gas Reporter - January 2012 - 108
American Oil and Gas Reporter - January 2012 - 109
American Oil and Gas Reporter - January 2012 - Multicomponent 3-D Poised for Growth in Shale Plays
American Oil and Gas Reporter - January 2012 - 111
American Oil and Gas Reporter - January 2012 - 112
American Oil and Gas Reporter - January 2012 - 113
American Oil and Gas Reporter - January 2012 - 114
American Oil and Gas Reporter - January 2012 - 115
American Oil and Gas Reporter - January 2012 - 116
American Oil and Gas Reporter - January 2012 - 117
American Oil and Gas Reporter - January 2012 - 118
American Oil and Gas Reporter - January 2012 - Cloud Computing Driving Business Step Changes
American Oil and Gas Reporter - January 2012 - 120
American Oil and Gas Reporter - January 2012 - 121
American Oil and Gas Reporter - January 2012 - 122
American Oil and Gas Reporter - January 2012 - 123
American Oil and Gas Reporter - January 2012 - 124
American Oil and Gas Reporter - January 2012 - 125
American Oil and Gas Reporter - January 2012 - Advanced Attributes Improve 3-D Interpretation
American Oil and Gas Reporter - January 2012 - 127
American Oil and Gas Reporter - January 2012 - 128
American Oil and Gas Reporter - January 2012 - 129
American Oil and Gas Reporter - January 2012 - 130
American Oil and Gas Reporter - January 2012 - 131
American Oil and Gas Reporter - January 2012 - 132
American Oil and Gas Reporter - January 2012 - 133
American Oil and Gas Reporter - January 2012 - 134
American Oil and Gas Reporter - January 2012 - 3-D Data Improve Knowledge of Shale Heterogeneity
American Oil and Gas Reporter - January 2012 - 136
American Oil and Gas Reporter - January 2012 - 137
American Oil and Gas Reporter - January 2012 - 138
American Oil and Gas Reporter - January 2012 - 139
American Oil and Gas Reporter - January 2012 - 140
American Oil and Gas Reporter - January 2012 - 141
American Oil and Gas Reporter - January 2012 - 142
American Oil and Gas Reporter - January 2012 - HBUR RSS Solves Granite Wash Drilling Challenges
American Oil and Gas Reporter - January 2012 - 144
American Oil and Gas Reporter - January 2012 - 145
American Oil and Gas Reporter - January 2012 - 146
American Oil and Gas Reporter - January 2012 - 147
American Oil and Gas Reporter - January 2012 - 148
American Oil and Gas Reporter - January 2012 - 149
American Oil and Gas Reporter - January 2012 - 150
American Oil and Gas Reporter - January 2012 - Technologies Improve Production Consistency in Resource Plays
American Oil and Gas Reporter - January 2012 - 152
American Oil and Gas Reporter - January 2012 - 153
American Oil and Gas Reporter - January 2012 - 154
American Oil and Gas Reporter - January 2012 - 155
American Oil and Gas Reporter - January 2012 - 156
American Oil and Gas Reporter - January 2012 - 157
American Oil and Gas Reporter - January 2012 - 158
American Oil and Gas Reporter - January 2012 - 159
American Oil and Gas Reporter - January 2012 - 160
American Oil and Gas Reporter - January 2012 - SaaS Helps Operator Streamline Data Management
American Oil and Gas Reporter - January 2012 - 162
American Oil and Gas Reporter - January 2012 - 163
American Oil and Gas Reporter - January 2012 - 164
American Oil and Gas Reporter - January 2012 - 165
American Oil and Gas Reporter - January 2012 - Automation Enhances Operations in Challenging Applications
American Oil and Gas Reporter - January 2012 - 167
American Oil and Gas Reporter - January 2012 - 168
American Oil and Gas Reporter - January 2012 - 169
American Oil and Gas Reporter - January 2012 - 170
American Oil and Gas Reporter - January 2012 - 171
American Oil and Gas Reporter - January 2012 - 172
American Oil and Gas Reporter - January 2012 - 173
American Oil and Gas Reporter - January 2012 - 174
American Oil and Gas Reporter - January 2012 - 175
American Oil and Gas Reporter - January 2012 - 176
American Oil and Gas Reporter - January 2012 - Dispersant Chemistry Combats Plugging in Low-Gravity Oil Wells
American Oil and Gas Reporter - January 2012 - 178
American Oil and Gas Reporter - January 2012 - 179
American Oil and Gas Reporter - January 2012 - 180
American Oil and Gas Reporter - January 2012 - 181
American Oil and Gas Reporter - January 2012 - New Technologies Optimize Production
American Oil and Gas Reporter - January 2012 - 183
American Oil and Gas Reporter - January 2012 - 184
American Oil and Gas Reporter - January 2012 - 185
American Oil and Gas Reporter - January 2012 - 186
American Oil and Gas Reporter - January 2012 - 187
American Oil and Gas Reporter - January 2012 - 188
American Oil and Gas Reporter - January 2012 - 189
American Oil and Gas Reporter - January 2012 - 190
American Oil and Gas Reporter - January 2012 - 191
American Oil and Gas Reporter - January 2012 - 192
American Oil and Gas Reporter - January 2012 - 193
American Oil and Gas Reporter - January 2012 - PIOGA
American Oil and Gas Reporter - January 2012 - 195
American Oil and Gas Reporter - January 2012 - 196
American Oil and Gas Reporter - January 2012 - 197
American Oil and Gas Reporter - January 2012 - Drilling Regs
American Oil and Gas Reporter - January 2012 - 199
American Oil and Gas Reporter - January 2012 - IOGAWV
American Oil and Gas Reporter - January 2012 - 201
American Oil and Gas Reporter - January 2012 - 202
American Oil and Gas Reporter - January 2012 - 203
American Oil and Gas Reporter - January 2012 - 204
American Oil and Gas Reporter - January 2012 - 205
American Oil and Gas Reporter - January 2012 - 206
American Oil and Gas Reporter - January 2012 - 207
American Oil and Gas Reporter - January 2012 - The Presidential Papers
American Oil and Gas Reporter - January 2012 - 209
American Oil and Gas Reporter - January 2012 - 210
American Oil and Gas Reporter - January 2012 - 211
American Oil and Gas Reporter - January 2012 - 212
American Oil and Gas Reporter - January 2012 - 213
American Oil and Gas Reporter - January 2012 - 214
American Oil and Gas Reporter - January 2012 - 215
American Oil and Gas Reporter - January 2012 - 216
American Oil and Gas Reporter - January 2012 - 217
American Oil and Gas Reporter - January 2012 - 218
American Oil and Gas Reporter - January 2012 - 219
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American Oil and Gas Reporter - January 2012 - 223
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American Oil and Gas Reporter - January 2012 - 225
American Oil and Gas Reporter - January 2012 - 226
American Oil and Gas Reporter - January 2012 - 227
American Oil and Gas Reporter - January 2012 - 228
American Oil and Gas Reporter - January 2012 - 229
American Oil and Gas Reporter - January 2012 - 230
American Oil and Gas Reporter - January 2012 - 231
American Oil and Gas Reporter - January 2012 - 232
American Oil and Gas Reporter - January 2012 - 233
American Oil and Gas Reporter - January 2012 - 234
American Oil and Gas Reporter - January 2012 - 235
American Oil and Gas Reporter - January 2012 - 236
American Oil and Gas Reporter - January 2012 - 237
American Oil and Gas Reporter - January 2012 - 238
American Oil and Gas Reporter - January 2012 - 239
American Oil and Gas Reporter - January 2012 - 240
American Oil and Gas Reporter - January 2012 - 241
American Oil and Gas Reporter - January 2012 - 242
American Oil and Gas Reporter - January 2012 - 243
American Oil and Gas Reporter - January 2012 - 244
American Oil and Gas Reporter - January 2012 - 245
American Oil and Gas Reporter - January 2012 - 246
American Oil and Gas Reporter - January 2012 - 247
American Oil and Gas Reporter - January 2012 - 248
American Oil and Gas Reporter - January 2012 - Energy Education
American Oil and Gas Reporter - January 2012 - Conventions
American Oil and Gas Reporter - January 2012 - 251
American Oil and Gas Reporter - January 2012 - Shale Gas
American Oil and Gas Reporter - January 2012 - 253
American Oil and Gas Reporter - January 2012 - 254
American Oil and Gas Reporter - January 2012 - 255
American Oil and Gas Reporter - January 2012 - 256
American Oil and Gas Reporter - January 2012 - 257
American Oil and Gas Reporter - January 2012 - 258
American Oil and Gas Reporter - January 2012 - 259
American Oil and Gas Reporter - January 2012 - New Lits & Products
American Oil and Gas Reporter - January 2012 - 261
American Oil and Gas Reporter - January 2012 - Computer Currents
American Oil and Gas Reporter - January 2012 - 263
American Oil and Gas Reporter - January 2012 - Industry Focus
American Oil and Gas Reporter - January 2012 - 265
American Oil and Gas Reporter - January 2012 - 266
American Oil and Gas Reporter - January 2012 - 267
American Oil and Gas Reporter - January 2012 - 268
American Oil and Gas Reporter - January 2012 - 269
American Oil and Gas Reporter - January 2012 - 270
American Oil and Gas Reporter - January 2012 - 271
American Oil and Gas Reporter - January 2012 - 272
American Oil and Gas Reporter - January 2012 - Classified Advertising
American Oil and Gas Reporter - January 2012 - Advertisers Index
American Oil and Gas Reporter - January 2012 - 275
American Oil and Gas Reporter - January 2012 - 276
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