Shale gas and tight oil have provided a new lease on life for U.S. oil and gas production. But how sustainable is shale production in the long term given optimistic forecasts of robust production through 2050 and beyond? In this report, earth scientist J. David Hughes assesses the viability of the U.S. Energy Information Administration’s (EIA) shale forecasts in its Annual Energy Outlook 2019, which are widely used by policymakers, industry, and investors to make long-term plans. His detailed analysis finds that the EIA’s forecasts of tight oil and shale gas production through 2050 are extremely optimistic, and highly unlikely to be realized.
Este informe pretende cuantificar el impacto de los avances tecnológicos recientes en la producción de petróleo y gas compactos (“tight”), y proporcionar una evaluación realista del perfil de producción futuro en la gran mayoría de los campos de petróleo y gas de lutitas (shale) en Estados Unidos.
How Long Will the Shale Revolution Last?: Technology versus Geology and the Lifecycle of Shale Plays
How Long Will the Shale Revolution Last? provides a realistic assessment of future production in the top U.S. tight oil and shale gas plays. It is most extensive of our highly regarded analyses of U.S. shale production.
The Future is Rural challenges the conventional wisdom about the future of food in our modern, globalized world. It is a much-needed reality check that explains why certain trends we take for granted are historical anomalies.
Award-winning journalist Matthieu Auzanneau deftly traces how oil became a national and then global addiction, outlines the enormous consequences of that addiction, sheds new light on major historical and contemporary figures, and raises new questions about the conventional history of oil. Foreword by Richard Heinberg.
Shale gas and tight oil from low permeability reservoirs have provided a new lease on life for U.S. oil and gas production. The question is, how sustainable is shale production in the long term given optimistic forecasts of robust production through 2050 and beyond? Shale Reality Check: Drilling Into the U.S. Government’s Rosy Projections for Shale Gas & Tight Oil Production Through 2050 endeavors to answer that question by assessing the viability of the projections of the U.S. Energy Information Administration (EIA) in its Annual Energy Outlook 2017.
2016 Tight Oil Reality Check explores how the EIA’s projections and assumptions regarding tight oil have changed over the last two years, and assesses the AEO2016 against both Drilling Deeper and up-to-date production data from key tight oil plays.
2016 Shale Gas Reality Check explores how the EIA’s projections and assumptions regarding shale gas have changed over the last two years, and assesses the AEO2016 against both Drilling Deeper and up-to-date production data from key shale gas plays.
The transition to clean energy will not be a simple matter of replacing fossil fuels with renewables. Our Renewable Future is a clear-eyed and urgent guide to this transformation.
The COP21 conference in Paris in December 2015 was the biggest international agreement on climate change since Kyoto. Now comes the hard part of cutting greenhouse gas emissions fast enough to keep global average temperature rise under 1.5 degrees Celsius. Many leaders in the environmental and philanthropic communities say the best way to do this […]