Shreveport Shale

The natural gas and energy market is full of ups and downs, truths and lies, lucky finds and get rich quick schemes. Fortunately for the Haynesville Shale area, returns on their land has been nothing but profitable, sales have gone through cleanly and actual returns are being delivered to local residents of the community. This isn’t always the case, as some investors in shales, oil sites and new energy proposals are sitting targets for con artists out to make an easy buck. Such is the premise for the new FOX television series Lone Star, centering around an energy drilling businessman leading a double life. On one end he’s living with his girlfriend in a small Texas town, selling cross-state property with high energy producing potential to clients with no deed to the land or known potency in the area. When he returns home to his happy home with his wife, he is working his way up her father’s oil-business, with goals of earning rank enough to seize corporate assets and head for the hills. He must cope with legitimate feelings for both women, the constant betrayal and deception of all those around him and an overbearing father who has brought him up to be a trained criminal. Read the rest of this entry »

While many people may have gotten wind of the “shale gas” production that’s been underway in Shreveport for a few years now, a lot of curious residents still don’t know exactly what shale is, why it’s important and what it could mean for the future of the city, state and world for that matter.Shale gas is an expanding form of natural gas that, as you may have guessed, produced out of shale, or fine-grained, clastic sedimentary rock made up of a mixture of clay, quartz and calcite minerals among smaller components of other minerals. The role of shale gas in the natural gas market has increased in recent years with the advent of new technologies capable of harvesting the gas from untappable supplies across the world. Shale resources are believed to be fairly plentiful across the world, with current drilling and gas tapping efforts limited to the US and Canada. Scientists hope the new technology and improved method of harvesting shale gas will rapidly expand to European and worldwide shale reserves, providing significantly greater amounts of natural gas energy as we strive to avoid major energy crises in the not so distant future. The recent advancements regarding shale and its gas releasing potential has given way to large energy companies purchasing major land areas across Eurasia with shale deposits and further development of existing shale facilities in the United States, in hopes of cashing in on the developing technology. Thanks to the new method and technology, optimistic researchers project shale gas to account for half of the total natural gas production in North America in just 10 short years. Read the rest of this entry »