Shale Play in Western Siberia is 80 Times Bigger than the Bakken

Shale Play in Western Siberia is 80 Times Bigger than the Bakken

Posted: 05 Jun 2012 03:08 PM PDT

The Bakken shale is a huge expanse of oil-bearing rock that lies underneath Northern Dakota and Montana. Oil production in the Bakken has grown from just 60,000 barrels per day (BPD) five years ago, to 500,000 bpd now. It is predicted that the formation holds more than 24 billion barrels of oil, and that given enough rigs it could produce more than a million bpd by 2020 and continue that level of production for half a century. The Bakken shale play is one of the biggest in the US, but is absolutely dwarfed by a shale play in Russia. The Bazhenov…

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Do Flying Wind Turbines have a Future?

Posted: 05 Jun 2012 03:04 PM PDT

I like site visits—there’s nothing like seeing a company’s innovations in person.  In the case of Makani Power, I harboured some core misconceptions about their technology, and the visit set me straight.Time lapse photo of Makani’s tethered wing flying in a circle (Photo: Makani Power)Corwin Hardham, CEO and one of the co-founders of Makani, invited me to visit in Fall 2011. An intern of his was taking the class I taught that semester, and he heard me mention the company’s efforts in lecture, so he put Corwin…

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Departments of State and Defense Lead Investment in Green Energy

Posted: 05 Jun 2012 02:44 PM PDT

The United States clean energy industry certainly cannot count on Congress these days, but at least it has Ghana.With clean energy momentum stymied on Capitol Hill, Foggy Bottom and Arlington have stepped in to provide some steam for a somewhat floundering industry. The Department of State has struck numerous deals with countries like Ghana to promote clean energy initiatives, which benefits the U.S. firms poised to take advantage of newly liberalized, barren overseas power markets. The Department of Defense, with its deep pockets and a mandate…

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