Issue: September 2013

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INSIDE ISSUE

  • Unconventional Gas Beyond the US: Emerging Players in Shale Exploration and Development

    Technological developments in the US have recently opened access to unconventional forms of natural gas. Types of unconventional gas include shale gas, tight sands, and coalbed methane. Shale gas is currently the most discussed unconventional gas as it has been credited as revolutionizing the energy sector in the US. Through the combined use of horizontal drilling technologies and hydraulic fracturing, Mitchell Energy was able to extract shale gas at an economically viable rate in 1998.

  • Lessons for Managing Unconventional Resources

    Recently, a report produced by the US Energy Information Agency noted that Egypt has significant proven and prospective volumes of natural gas and sizeable deposits of crude oil. There are around 2 trillion cu meters of proven conventional natural gas reserves and nearly further 3 trillion cu meters in unconventional reservoirs. Egypt also has 4.4 billion barrels of proven crude oil reserves and around the same volume in unconventional deposits. Whilst these are not the highest figures in the world, if optimally managed, such resources could play a significant role in Egypt's economic development.

  • Shale Gas

    Shale gas refers to natural gas that is trapped in small pores inside shale rock. Since the pores are not connected and shale is relatively impermeable, it is not possible to extract large amounts of shale gas by using conventional technologies. Therefore shale gas is called an unconventional hydrocarbon. The emergence of cost-effective technologies for extracting shale gas has caused a surge in its production in the US over the past few years. There is no precise estimate of how much shale gas exists world wide, but the US Energy Information Administration (EIA) estimates that the US and the 41 other countries have a total of 7,299 trillion cf of technically recoverable shale gas. This represents 37% of the world's total technically recoverable gas resources.

  • US Tight Oil Boom: Domestic and Global Implications

    The US is currently in the midst of what has been dubbed an energy renaissance. This renaissance was spurred by the country's ability to tap unconventional oil and gas. Unconventional oil lacks a standard definition, but it is generally characterized as more difficult and expensive to extract than conventional oil. The conventional-unconventional categories are fluid, as some types of oil currently considered conventional were once labeled as unconventional.

  • The West and the Rest on Egypt’s Crackdown

    The removal of Egyptian President Mohamed Morsi from power on July 3 and the consequent crackdown on his supporters and other members of the Muslim Brotherhood has caused political turmoil, chaos and left over 1,000 dead within Egypt. Outside of Egypt, the military's bold course of action provoked a wide range of responses from regional and international actors. An analysis of the varied responses to the crackdown on the Muslim Brotherhood provides insight into the interests of major international and regional actors.

  • Monthly News

    News of the month, know more about the recent activities this industry has shown during August 2013.