American Oil and Gas Reporter - January 2012 - 259
equal amount guessed 5-10 percent and
19 percent guessed 25 percent or more.
The actual number is 21 percent of
imports, which 9 percent put for their
answer, Harris says.
Sixty-five percent of respondents said
they were unfamiliar with Canadian oil
sands, while an identical number said
they were unfamiliar with the proposed
Keystone XL pipeline, the polling com-
pany reports. That pattern followed for
those expressing familiarity with both oil
sands and Keystone, at 34 percent.
When asked if knowing a fact made
them feel better or worse about importing
oil from Canada, 88 percent said knowing
that oil importation would create as many
as 500,000 jobs in the United States by
2035 made them feel better. The statement
that the Keystone XL pipeline itself would
immediately create as many as 20,000
jobs for Americans drew an identical response, Harris says.
According to the poll, 31 percent of
respondents identified themselves as Democrats, with 26 percent as Republicans
and 37 percent independent. Fifty-one
percent placed themselves in the conservative category, with 30 percent selfidentifying as liberal.
r
Global Users Turn To Gas, Study Says
WASHINGTON-Surging natural gas
consumption in Asia and the United States
has revived global use of the fuel, a report
from Worldwatch Institute says.
Vital Signs Online says natural gas demand has rebounded 7.4 percent from its
2009 slump to hit a record 111.9 trillion
cubic feet in 2010. The increase puts the
fuel's share of total energy consumption
at 23.8 percent, which the institute says
is a reflection of new pipelines and natural
gas terminals in producing countries.
The world's largest incremental increase in gas use occurred in the United
States, Vital Signs Online says, where
low commodity prices triggered a 1.3
Tcf increase to 24.1 Tcf, just over onefifth of global natural gas consumption.
Worldwatch points out the Asia Pacific
region experienced the strongest growth
as a share of 2009 consumption levels,
with China, India, South Korea and Taiwan
all experiencing demand growth above
20 percent. China, which surpassed Japan
in 2009 to become Asia's largest gas
consumer, led the region's growth spurt
by consuming 3.9 Tcf, or 3.4 percent of
global usage, the report indicates.
The former Soviet Union, which experienced the largest regional decline in
natural gas consumption in 2009, saw
demand bounce back by 6.8 percent in
2010, Vital Signs Online says. Russia,
the world's second-largest gas consumer,
single-handedly accounted for 70 percent
of regional growth. In the European
Union, Worldwatch reports gas consumption jumped 7.4 percent. However, it
points out the EU's share of global consumption is on a downward trend.
The Middle East, which the institute
notes is home to some of the world's
richest natural gas resources but lacks
the proper infrastructure to facilitate much
domestic consumption, saw a 6.2 percent
increase in gas demand.
The Worldwatch Institute reports gas
producers have responded to this revival
in demand by boosting production 7.3
percent. The United States remains the
leading source, accounting for just under
one-fifth of total global gas production
in 2010, Vital Signs Online says. In
Russia, which holds nearly a quarter of
the world's proved gas reserves, production
jumped 11.6 percent, while Middle East
output rose 13.2 percent.
Rising Prices
Re-energized global demand drove average natural gas prices up from their 2009
lows in nearly all markets, Worldwatch reports. According to one index, the institute
says, the United States recorded a 13 percent
price increase in 2010 over 2009 levels.
Prices remained the highest in Asia, it
points out, the region where consumption
increased most rapidly between 2009 and
2010. The European Union, where prices
fell 6 percent, proved to be the exception to
this trend, Vital Signs Online says, mainly
because of an excess of liquefied natural
gas originally intended for U.S. markets.
The study also reports:
* The share of global natural gas
trade represented by LNG surpassed 30
percent in 2010, the first time it has ex-
ceeded that level.
* Russia maintained its status as the
world's leading gas exporter, accounting
for 27.5 percent of global pipeline trade.
* Gas flaring is on the decline in
Nigeria, but remains substantial in many
countries. Worldwatch says it is estimated
that 5 percent of global gas production is
flared annually.
The study says two major developments
in 2011 significantly affected the stability
of global natural gas markets: political
unrest brought about by the Arab Spring
slowed production in a number of gasproducing countries in North Africa, and
the disaster at Japan's Fukushima Daiichi
nuclear plant led many nations to reconsider their dependence on nuclear power.
"Natural gas is likely to play a major
role in filling the gap left by idled and
phased-out nuclear plants," predicts Vital
Signs Online authors Saya Kitasei and
Ayodeji Adebola. "The unanticipated
spike in public opposition to nuclear
power can only increase global natural
gas demand in the coming decade." r
GROWTH . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
FROM PAGE 178
says, adding: "Range Resources, the first
company to test modern drilling and completion techniques in the Marcellus Shale,
will expand on its already significant
presence when it opens its new headquarters
in Southpointe later this year."
In addition, McCune lists energy and
energy-related companies such as Chesapeake Energy, Rice Energy, UniversalPegasus, Select Energy, Steptoe & Johnson,
and others that have established operations
or expanded across Washington County.
Jeff M. Kotula, president of the Washington County Chamber of Commerce,
also credits the secondary effects of the
natural gas industry in job creation.
"While the natural gas companies are
creating jobs and investment, we should
not forget the positive secondary effects
of the energy industry on our local econ-
omy," he says. "They also bring new opportunities for local businesses and residents. Many industrial suppliers, manufacturers, restaurants, hotels, shops and
services in our county are experiencing
an increase in business because of the
energy industry."
Kotula adds, "The natural gas industry
has created an 'economy of shale' that
not only provides jobs and economic
benefits for those in the energy industry
itself, but also for local businesses, services
and residents that are experiencing new
growth by supporting the industry. All
those new jobs are why Washington County is third in the nation in percentage of
employment growth, has one of the lowest
unemployment rates in southwestern
Pennsylvania, and now is considered 'the
energy capital of the East.'"
❒
JANUARY 2012 259
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
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American Oil and Gas Reporter - January 2012 - 237
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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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