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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (172492)	9/13/2012 11:45:41 AM
From: t4texas	Respond to of 206160

embedded in the shale ng article on china i found among the comments someone saying not rosy things about slb's hiway fracing technology. i clicked on the link, and i found a lot of information. some of it might be true, and some might be false. i am not in a position to know. however this fellow has sources by name that say things about slb's marketing hype for hiway technology. there seems to be some issue at depths with the temperature the stuff works -- at least that is what some of these guys are saying. blueshiftideas.com

To: Dennis Roth who wrote (172492)	9/29/2012 1:34:45 PM
From: Dennis Roth	1 Recommendation Respond to of 206160

Shale gas demonstration project established Updated: 2012-09-28 14:52 By Du Juan (chinadaily.com.cn) usa.chinadaily.com.cn The National Development and Reform Commission has approved the establishment of a shale gas demonstration project in Yan'an, conducted by the Shaanxi Yanchang Petroleum Group Co Ltd, the local government of Shaanxi province said. The project -- the first national-level shale gas project in the country -- has an area of 4,000 square kilometers in Shaanxi province, and is seen as a big step for the local oil and gas company. During the 12th Five-Year-Plan period (2010-15), the demonstration project is scheduled to explore geological reserves of 150 billion cubic meters and generate an annual output of 500 million cubic meters. The company has 16 gas wells so far, with a daily output of 1,000 to 2,000 cubic meters. The Chinese government has recently released its shale gas development plan for the 12th Five-Year-Plan period. The plan stated that 13 provinces -- including Shaanxi, Sichuan and Chongqing -- are key areas of the shale gas industry and will build 19 exploration and development projects in these places. dujuan@chinadaily.com.cn ======= Apparently not taking the advice EU Commissioner for Energy Gúnther Oettinger to study the matter for 5 to 10 years before making a decision.