Search Results:
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How much do U.S. oil companies pay in royalties to government?
Answer:
Oil and natural gas production royalties on federal lands are one of the largest sources of income to the federal government, delivering $86 million in rents, royalties and bonus fees every single day.
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How much water is used in a typical hydraulic fracturing operation?
Answer:
The drilling and hydraulic fracturing of a horizontal shale gas well typically require 2 to 4 million gallons of water. It’s worth noting that the water volume needed varies substantially between wells, and the water volume needed per foot of wellbore is decreasing as technologies and methods improve over time.
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Where is hydraulic fracturing occurring and how has that impacted local communities?
Answer:
Shale gas "plays" exist throughout the Mountain West, the South and the Northeast's Appalachian Basin. These plays are geographic areas where companies are actively looking for natural gas in shale rock.
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How does shale gas fit in to the future of America’s mix of energy sources?
Answer:
Shale gas is an important part of meeting our future energy demand. Between 2000 and 2006, natural gas production from shale formations grew by an average of 17 percent per year, and by an average of 48 percent per year from 2006 to 2010. And that is only the beginning as the EIA projects that total national gas production from shale could grow by almost threefold from 2009 to 2035.Thanks to increased domestic production, natural gas imports are also expected to shrink to 1 percent over that same time period, from roughly 12 percent today.
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How much natural gas is available in the United States?
Answer:
America’s vast proven reserves and undiscovered resources offshore include nearly 480 trillion cubic feet of natural gas, according to the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE). What does that mean? 480 trillion cubic feet of natural gas is enough to heat 10 million homes for nearly 656 years.
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