Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Questerre Energy Corp (Canada) T.QEC

Alternate Symbol(s):  QTEYF

Questerre Energy Corporation is an energy technology and innovation company. It is engaged in the acquisition, exploration, and development of oil and gas projects, in specific non-conventional projects such as tight oil, oil shale, shale oil and shale gas. It holds assets in Alberta, Saskatchewan, Manitoba and Quebec in Canada, as well as in the Kingdom of Jordan (Jordan). Its oil shale assets include its project in Jordan and its investment in Red Leaf Resources Inc. (Red Leaf). It plans to utilize the Red Leaf technology for its project in the Kingdom of Jordan. In Quebec, the project has a comprehensive program to test the carbon storage potential including injection and monitoring wells, compression facilities and a pipeline to an adjacent industrial park. Its Kakwa area is a liquids-rich Montney natural gas resource play situated over 75 kilometers (km) south of Grande Prairie in west central Alberta. Its Antler area is over 200 km southeast of Regina in southeast Saskatchewan.


TSX:QEC - Post by User

Post by bobbybombson Mar 24, 2011 1:00pm
323 Views
Post# 18335128

Positive Shale Findings from LA

Positive Shale Findings from LA

https://www.energyindepth.org/2011/03/la_hf/

Independent Panel Finds Louisiana Hydraulic Fracturing Regulatory Program “well-managed, professionaland meeting its program objectives”

Last week, the not-for-profit organization known as the State Review of Oil and Natural Gas Environmental Regulations (STRONGER) issued its latest report examining the strength of state-based hydraulic fracturing regulatory programs – this time, singling out the state of Louisiana and its regulators for executing a “well-managed” program across the state.

STRONGER is a non-profit, multi-stakeholder organization tasked by the Interstate Oil Compact Commission (IOCC) and the U.S. Environmental Protection Agency to review the effectiveness of various states’ oil and gas regulatory structures.

Among the things highlighted in the latest STRONGER report:

“Hydraulic fracturing has been conducted in Louisiana since the 1960s. The State of Louisiana has not identified any instances wherehydraulic fracturing has harmed groundwater.” (page 8)

“[The Haynesville Shale] contains an estimated 251 TCF of recoverable natural gas.” (page 8)

“The review team has concluded that the Louisiana program is, over all, well-managed, professional and meeting its program objectives.” (page 4)

    STRONGER also commends Louisiana for its dedication to clean water, public outreach and safety:

    • “In addition to advising operators to use sources of water other than the Carrizo-Wilcox aquifer, in a separate letter to operators, the Commissioner [of Conservation, Department of Natural Resources] instituted [an additional] requirement…As a result of those actions, water demand for the year from October 1, 2009 to September 30, 2010 was met primarily (78 percent) by surface water. Through these actions, the Office of Conservation is confident that long-term adverse impacts to the Carrizo-Wilcox aquifer have been prevented.” (page 16)
    • “The use of alternate sources of water and recycling of E&P waste fluids for hydraulic fracturing in the Haynesville Shale are encouraged.” (page 17)
    • “The Office of Conservation has a good public outreach program in place that includes participation in industry meetings, workshops for the public, and the DNR web site. The Office of Conservation has been involved in a number of local meetings and forums on well construction, water use, and hydraulic fracturing operations.” (page 6)
    • “The Office of Conservation indicated that staffing levels are sufficient to address hydraulic fracturing and other oil and gas activities. Field staff levels were increased prior to the development of the Haynesville Shale. There is no expectation of staff cuts due to budget issues.” (page 14)
    • “Standards are in place for the placement and pressure testing of casing and cement. The minimum surface casing depth is based on the total depth of the well. District managers can require more than minimum casing based on the regional or local geology and other factors. A minimum of 1,800 feet of surface casing is required for Haynesville Shale wells.” (page 10)
    • “Operators are required to provide at least 12-hours notice to the district office prior to hydraulic fracturing operations. This provides the opportunity for the state to witness the activity.” (page 10)

    This is just the latest in a growing string of similar STRONGER reports – each commending various states for their well-managed regulation of hydraulic fracturing, including in Oklahoma, Pennsylvania and Ohio.

    Of course, the interesting little wrinkle here is that the STRONGER panel includes representatives not only from those involved in industry, but from federal agencies such as the Dept. of Energy and EPA and environmental groups such as the Oil and Gas Accountability Project – not typically regarded as a friend of responsible shale development.

    In fact, not only did OGAP counsel Bruce Baizel participate in the review process, he actually served as one of the three official “team members” who drew up the recommendations. Imagine that?!

    From what we understand, the folks over at STRONGER will be releasing additional reports in the coming months. And when they do, you can find them here on EID.

    Bullboard Posts