Economics of Unconventional Shale Gas Development

Economics of Unconventional Shale Gas Development

Author: William E. Hefley

Publisher: Springer

Published: 2014-12-03

Total Pages: 248

ISBN-13: 3319114999

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This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.


Shale Gas Development

Shale Gas Development

Author: Katelyn M. Nash

Publisher:

Published: 2010

Total Pages: 0

ISBN-13: 9781616685454

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Natural gas production from hydrocarbon-rich shale formation, known as "shale gas", is one of the most rapidly expanding trends in onshore domestic oil and gas exploration and production today. In some areas, this has included bringing drilling and production to regions of the country that have seen little or no activity in the past. New oil and gas developments bring changes to the environmental and socio-economic landscape, particularly in those areas where gas development is a new activity. With these changes have come questions about the nature of shale gas development, the potential environmental impacts, and the ability of the current regulatory structure to deal with this development. This book discusses geologic information on the shale gas basins in the U.S. and the methods of shale gas development, as well as the regulatory framework and the environmental considerations associated with shale gas development.


The Fracking Debate

The Fracking Debate

Author: Daniel Raimi

Publisher: Columbia University Press

Published: 2017-12-26

Total Pages: 255

ISBN-13: 0231545711

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Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.


When Fracking Comes to Town

When Fracking Comes to Town

Author: Sabina E. Deitrick

Publisher: Cornell University Press

Published: 2022-01-15

Total Pages: 262

ISBN-13: 1501761013

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When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson


Environmental and Health Issues in Unconventional Oil and Gas Development

Environmental and Health Issues in Unconventional Oil and Gas Development

Author: Debra A Kaden

Publisher: Elsevier

Published: 2025-09-01

Total Pages: 0

ISBN-13: 0443315078

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Environmental and Health Issues in Unconventional Oil and Gas Development offers a unique, non-partisan perspective relevant to the use of directional drilling and hydraulic fracturing, presenting clear and frank discussions on implications for a variety of stakeholders involved in unconventional oil and shale gas development. Much has changed since the first edition, including how UOGD is performed, changes in monitoring and control technologies, and new issues raised by both government and non-government stakeholders. The contributing authors address a wide range of relevant topics. The economics of hydraulic fracturing are discussed. Methane emissions, decarbonization, and responsibly sourced gas are explored in depth. The authors also look closely at climate risk and risk mitigation. Water issues are covered with a review of water quality impacts along with waste issues. This is followed by a detailed examination of health and safety in regard to occupational health, public health, risk perception, risk communication, and transportation. Finally, the editors wrap up with important discussions on environmental justice and environmental, social, and corporate governance. Readers will find much to consider and apply to their own work within this reference on the critical environmental issues facing the unconventional oil and gas industry.• Serves as a collective, up-to-date resource for academics and professionals in the oil and gas, environmental, health, and safety industries, as well as environmental scientists and policymakers• Features a multi-disciplinary and expert group of chapter authors from academia, non-governmental organizations, governmental agencies, and the oil and gas industry• Provides thoughtful discussion of the ongoing emissions intensity reduction in unconventional oil and gas from a combination of regulation, technology evolution, and voluntary efforts by operators


The Politics of Fracking

The Politics of Fracking

Author: Sarmistha R. Majumdar

Publisher: Routledge

Published: 2018-08-29

Total Pages: 284

ISBN-13: 1134823509

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Over the last decade, the oil and gas industry has garnered a lot of support from the United States federal and state governments in the name of energy independence and economic prosperity. More specifically, hydraulic fracturing or fracking is said to not only make the production of affordable energy possible but also reduce emissions of carbon dioxide by substituting coal with natural gas in the utility sector. Behind the façade of many socio-economic and political benefits, the process of fracking causes serious environmental concerns. Dismissing the negative externalities of fracking simply raises the question, to what extent have communities close to fracking sites been adversely impacted by it? In this book, Sarmistha R. Majumdar studies four communities close to fracking well sites in Texas to help illustrate to what extent fracking regulations have been developed in Texas and how effective these regulations have been in safeguarding the interests of individuals in local communities amidst the lure of economic gains from the extraction of oil and natural gas from shale formations. Majumdar has developed a model to show stage by stage community actions to regain their quality of life and the consequences of their actions, if any, on state and local regulations and ordinances, and the oil and gas industry. This book will be an important resource for scholars of environmental and natural resource politics and policy in the United States.


The 'shale Gas Revolution'

The 'shale Gas Revolution'

Author: Paul Stevens

Publisher:

Published: 2010

Total Pages: 36

ISBN-13:

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"This report received a Special Note in the Publication of the Year category at the Prospect Think Tank Awards 2011"--Publisher.


Environmental Impacts of Shale Gas Development in China

Environmental Impacts of Shale Gas Development in China

Author: Meiyu Guo

Publisher: Springer Nature

Published: 2021-03-07

Total Pages: 110

ISBN-13: 9811604908

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This book features a comprehensive analysis of the development of shale gas resources in China, with a focus on the potential environmental impacts that may result. China has the world’s largest shale gas resources, which it is keen to develop to alleviate air pollution and successfully transition to a low-carbon energy future. However, one significant obstacle standing between the ambition and reality is the potentially serious environmental impacts of shale gas production. This book offers a systematic assessment of these potential impacts, including the risk of water contamination, ecological disruption due to the huge consumption of water and methane leakage. It presents valuable first-hand data collected from the authors’ fieldwork in Sichuan and Chongqing and the latest information on China’s current shale gas operations and also includes a set of models and methods developed to quantify the impacts. It allows readers to gain a deeper understanding of environmental regulatory management systems regarding shale gas production in China by examining whether the existing monitoring, reporting and verification (MRV) systems and environmental regulations can effectively prevent adverse impacts from shale gas production. Providing a detailed study of shale gas development in China based on an unprecedented primary dataset, the book is a valuable resource for scholars, engineers and students who are interested in the energy development and environmental risks.


Risks and Risk Governance in Shale Gas Development

Risks and Risk Governance in Shale Gas Development

Author: National Research Council

Publisher: National Academies Press

Published: 2014-09-30

Total Pages: 232

ISBN-13: 0309312604

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Natural gas in deep shale formations, which can be developed by hydraulic fracturing and associated technologies (often collectively referred to as "fracking") is dramatically increasing production of natural gas in the United States, where significant gas deposits exist in formations that underlie many states. Major deposits of shale gas exist in many other countries as well. Proponents of shale gas development point to several kinds of benefits, for instance, to local economies and to national "energy independence". Shale gas development has also brought increasing expression of concerns about risks, including to human health, environmental quality, non-energy economic activities in shale regions, and community cohesion. Some of these potential risks are beginning to receive careful evaluation; others are not. Although the risks have not yet been fully characterized or all of them carefully analyzed, governments at all levels are making policy decisions, some of them hard to reverse, about shale gas development and/or how to manage the risks. Risks and Risk Governance in Shale Gas Development is the summary of two workshops convened in May and August 2013 by the National Research Council's Board on Environmental Change and Society to consider and assess claims about the levels and types of risk posed by shale gas development and about the adequacy of existing governance procedures. Participants from engineering, natural, and social scientific communities examined the range of risks and of social and decision-making issues in risk characterization and governance related to gas shale development. Central themes included risk governance in the context of (a) risks that emerge as shale gas development expands, and (b) incomplete or declining regulatory capacity in an era of budgetary stringency. This report summarizes the presentations on risk issues raised in the first workshop, the risk management and governance concepts presented at the second workshop, and the discussions at both workshops.