Analyzing Options for Monetizing Shale Gas Resource
By: Brian Stalter
Updated: November 9, 2012
UNIVERSITY PARK, Pa. -- A web-based seminar, "Analyzing the Options for Monetizing the Shale Gas Resource," will be presented by Penn State Extension at 1 p.m. on Thursday, Nov. 15.
The one-hour webinar will examine the growing supply and varying demand for natural gas produced from deep shale formations in Pennsylvania and elsewhere.
Uday Turaga, founder and chief executive officer of ADI Analytics LLC -- who is internationally known for his expertise in shale-gas production and the resource's market -- will provide his insight during the session.
While news reports regularly feature stories about new shale-gas basins, increased gas estimates or higher production yields, a thorough public understanding of natural-gas demand often is lacking, webinar organizers said.
Turaga will discuss research conducted by his company (http://www.adi-analytics.com), looking at current and future uses of natural gas and options for utilization, conversion and monetization of this resource.
"Shale gas supply is growing rapidly and will significantly impact both the North American and the global energy industry," said Turaga, a recognized thought leader in the energy and chemical industry and a frequent speaker on energy issues at conferences and events globally.
"In addition to being used for power, chemicals and vehicles, shale gas could position North America as a major supplier of liquid natural gas in a world that wants more of it," he said. "Such development would, collectively, stabilize natural gas prices and incentivize continued investments in shale gas and other unconventional resources."
Presented by Penn State Extension's Marcellus Education Team, the Nov. 15 webinar is part of a monthly series offered from 1 p.m. to 2 p.m. on Thursdays. Upcoming topics include the following:
--Dec. 20: Shale Energy and Water Impacts: A Review of Recently Published Research.
--Jan. 17: America's New Industrial Revolution: A Renaissance for U.S. Chemical Manufacturing.
--Feb. 21: The Science behind Best-Management Practices.
Registration for the webinars is not necessary, and all are welcome to participate by logging in to https://meeting.psu.edu/pscems. For more information, contact Carol Loveland at 570-320-4429 or by email at cal24@psu.edu .
Previous webinars, publications and information also are available on the Penn State Extension natural-gas website (http://extension.psu.edu/naturalgas), covering a variety of topics, such as Act 13; seismic testing; air pollution from gas development; water use and quality; zoning; gas-leasing considerations for landowners; gas pipelines and right-of-way issues; legal issues surrounding gas development; and the impact of Marcellus gas development on forestland.
Penn State Ag Sciences News is a free, electronic distribution of news and feature articles about research, educational programs, faculty, staff, students and events in Penn State's College of Agricultural Sciences and Penn State Cooperative Extension. It is distributed by Ag Communications and Marketing, News Unit, 229B Agricultural Administration Building, University Park, PA 16802.
Direct questions, comments, or subscribe/unsubscribe requests to psuagscinews@psu.edu, or call (814) 863-2713.
For other releases from Penn State's College of Agricultural Sciences, visit the Web at http://agsci.psu.edu/news
The one-hour webinar will examine the growing supply and varying demand for natural gas produced from deep shale formations in Pennsylvania and elsewhere.
Uday Turaga, founder and chief executive officer of ADI Analytics LLC -- who is internationally known for his expertise in shale-gas production and the resource's market -- will provide his insight during the session.
While news reports regularly feature stories about new shale-gas basins, increased gas estimates or higher production yields, a thorough public understanding of natural-gas demand often is lacking, webinar organizers said.
Turaga will discuss research conducted by his company (http://www.adi-analytics.com), looking at current and future uses of natural gas and options for utilization, conversion and monetization of this resource.
"Shale gas supply is growing rapidly and will significantly impact both the North American and the global energy industry," said Turaga, a recognized thought leader in the energy and chemical industry and a frequent speaker on energy issues at conferences and events globally.
"In addition to being used for power, chemicals and vehicles, shale gas could position North America as a major supplier of liquid natural gas in a world that wants more of it," he said. "Such development would, collectively, stabilize natural gas prices and incentivize continued investments in shale gas and other unconventional resources."
Presented by Penn State Extension's Marcellus Education Team, the Nov. 15 webinar is part of a monthly series offered from 1 p.m. to 2 p.m. on Thursdays. Upcoming topics include the following:
--Dec. 20: Shale Energy and Water Impacts: A Review of Recently Published Research.
--Jan. 17: America's New Industrial Revolution: A Renaissance for U.S. Chemical Manufacturing.
--Feb. 21: The Science behind Best-Management Practices.
Registration for the webinars is not necessary, and all are welcome to participate by logging in to https://meeting.psu.edu/pscems. For more information, contact Carol Loveland at 570-320-4429 or by email at cal24@psu.edu .
Previous webinars, publications and information also are available on the Penn State Extension natural-gas website (http://extension.psu.edu/naturalgas), covering a variety of topics, such as Act 13; seismic testing; air pollution from gas development; water use and quality; zoning; gas-leasing considerations for landowners; gas pipelines and right-of-way issues; legal issues surrounding gas development; and the impact of Marcellus gas development on forestland.
Jeff Mulhollem
Writer/Editor
(814) 863-2719
jjm29@psu.edu
Writer/Editor
(814) 863-2719
jjm29@psu.edu
Penn State Ag Sciences News is a free, electronic distribution of news and feature articles about research, educational programs, faculty, staff, students and events in Penn State's College of Agricultural Sciences and Penn State Cooperative Extension. It is distributed by Ag Communications and Marketing, News Unit, 229B Agricultural Administration Building, University Park, PA 16802.
Direct questions, comments, or subscribe/unsubscribe requests to psuagscinews@psu.edu, or call (814) 863-2713.
For other releases from Penn State's College of Agricultural Sciences, visit the Web at http://agsci.psu.edu/news
