Big Oil says to clean up shale gas business
Companies see room to reduce costs
By Tom Bergin
DOHA, Dec 8 (Reuters) Big oil and gas canada goose black friday sale companies say their increasing dominance of shale gas exploration will bring improved drilling practices and should end the safety lapses that have led to environmental opposition to the fast growing, multi billion dollar industry.
Cases of Canada Goose online water contamination and the leakage of flammable methane gas into homes are Canada Goose Jackets due buy canada goose jacket cheap to occasionally shoddy activities canada goose store by some of the small players, who developed the industry over the past decade, rather than fundamental problems with shale gas drilling, some industry executives said.
Oil majors such as Exxon Mobil, BP and Royal Dutch Shell Plc have begun to buy up the canada goose coats first movers in the industry. At canadagooseoutlete Canada Goose Parka the World Petroleum Congress canada goose factory sale (WPC) in Doha this week, big canada goose uk outlet company bosses said they would help the uk canada goose shale industry improve its game.
think Shell, or for that matter Exxon, coming in a big way into this shale gas operation will actually drive the standards up, Canada Goose Outlet Shell Chief Executive Peter Voser told a joint press conference with Exxon CEO Rex Tillerson.
Environmentalists said, however, the canada goose coats on sale desire to avoid legislation was likely behind Big Oil claims of future better practices.
do not believe this.
The oil and gas industry fears that public opposition will drive increased regulation and restrictions on where it can drill.
has given mankind the gift buy canada goose jacket of natural gas. But our hope now is, don let government mess canada goose uk shop it up Jim Mulva, chief executive of ConocoPhillips told the Congress.
The industry leaders say their massive research 2018 Canada Goose efforts can help ensure the safety of cheap canada goose uk the technique, which involves blasting water, sand and chemicals into deep underground reservoirs to release the gas trapped inside.
think companies like Exxon, we Canada Goose sale always put a high priority on technology, so whether that shale gas or canada goose any other canada goose clearance resource development, technology is a key part of it for us, Rich Kruger, president of Exxon production unit, told Reuters. oil and canada goose clearance sale gas industry main trade Canada Goose Coats On Sale association, said tough financial constraints on some of the companies that led the shale gas revolution may have contributed to some of the problems associated with drilling.
a lot of competitors in the business, and as people are driving those opportunities and looking for opportunities. it tends to move rapidly, and sometimes they not thinking of the total consequences, he said.
But Erika Staaf, clean water advocate with Philadelphia based PennEnvironment, said canada goose uk black friday the claim that bad Canada Goose Online practices would be canadian goose jacket phased out as so called operators are taken over was not cheap Canada Goose new.
is a refrain that we heard again and again, she said.
One thing the arrival of the big players to the market is unlikely to bring is additional money. As the business expands, companies are seeking to reduce the amount of spending on drilling.
Shell has uk canada goose outlet established a manufacturing joint venture in China, which it hopes will provide more cost effective means of drilling shale gas wells that can be applied worldwide.
Speaking at the WPC, Andrew Gould, chairman of Schlumberger, the world largest provider of services to the oil industry, said companies had significant opportunities to cut costs.