In Part I of this post, I discussed production of gas from the four largest shale plays in the U.S. Ordered by production levels, these are the Marcellus, Barnett, Haynesville and Fayetteville shales. In my mind it is quite unlikely that much new drilling will occur in Fayetteville and Haynesville. There will be some drilling in the Barnett and plenty in Marcellus, but significantly less than to date. Based on my calculations, I concluded that these plays may deliver between 3 and 7 years of U.S. gas consumption in 2015, a far cry from the 100-year gas supply postulated by many experts. Consistently with this view, for at least three years I have argued that the large-scale oil and gas exports from the U.S. may not be good . Here I consider the two largest oil plays in the U.S.: the Eagle Ford and Bakken shales. Eagle Ford is also a significant gas and condensate producer. At their respective production peaks, these two shales together produced about 3 millio...
In this blog, I continue to write about the environment, ecology, energy, complexity, and humans. Of particular interest to me are human self-delusions and mad stampedes to nowhere.