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Energy Geociences News Archive


Associated Press, May 4, 2013 Featuring: Jorge Pinon Venezuela has the world’s largest oil reserves, but PDVSA’s production, earnings and income all appear to be on a downward slide and its debts to suppliers rose 35 percent. “The government of Venezuela today uses PDVSA as its petty cash box to lead populist social programs,” said Jorge…

Leading energy faculty at The University of Texas at Austin shared an update on the innovative research and programs taking place on the Forty Acres during the first-ever UT Energy Summit in Houston. The event, held at Latham & Watkins LLP on April 18, showcased how faculty and staff from UT’s engineering, business and geology…

Peter Flemings was on a family vacation hiking in the White Mountains in New Hampshire when his cell phone rang. It was U.S. energy secretary Stephen Chu’s assistant. Could he join a web conference with Secretary Chu, and dozens of scientists from government, academia and industry, in a few hours? After packing up and making…

Bloomberg, April 3, 2013 Featuring: Michelle Foss Canada is pulling ahead of the U.S. in a contest to be the first exporter of liquefied natural gas from the North American shale bonanza to Asia’s $150 billion LNG market. “The smart money is going to Canada” to export LNG, said Michelle Foss, chief energy economist at…

Christian Science Monitor, March 27, 2013 Featuring: Jorge Pinon Some 17 countries receive shipments of crude or refined oil products with preferential repayment terms under the Petrocaribe energy pact. But some nations fear oil shipments could stop post-Chávez. ”Any cut to Petrocaribe would be disastrous for countries” that receive Venezuelan oil under such deals, says Jorge…

Can magnetic nanoparticles injected deep underground with hydraulic fracturing liquids reveal detailed dimensions of shale rock fractures and track movements of gas molecules? Can other particles — that change form when they encounter oil — be “interrogated” for clues about the amounts of oil in dense shale formations? These are among the goals of the…

The Geological Society of London, the world’s oldest and one of its most prestigious geological organizations, has announced it will award medals to two scientists working at the Bureau of Economic Geology, Martin P. A. Jackson, senior research scientist, and Christopher Jackson, senior research fellow. Martin Jackson will receive the William Smith Medal, presented for…

Gas Boom Projected to Grow for Decades

The front page of The Wall Street Journal and scores of media outlets across the country reported that U.S. natural-gas production will accelerate over the next three decades, providing the strongest evidence yet that the energy boom remaking America will last for a generation. The conclusion is based on new research from a team led…

A new study, believed to be the most thorough assessment yet of the natural gas production potential of the Barnett Shale, foresees slowly declining production through the year 2030 and beyond and total recovery at greater than three times cumulative production to date. This forecast has broad implications for the future of U.S energy production…

This FAQ refers to the Bureau of Economic Geology Shale Gas Assessment study described in a Feb. 28 university press release: New, Rigorous Assessment of Shale Gas Reserves Forecasts Reliable Supply from Barnett Shale Through 2030. Who were the team members who conducted this study? Who funded the study? What is the Bureau of Economic…

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