Home / Shale News (page 539)

Shale News

Shell Drops out of Eagle Ford

shell

By: John Bestoloffe , Shale Plays Media Due to their recent disappointing domestic shale operations results, Royal Dutch Shell PLC will be ceasing investments in the Eagle Ford Shale. According to the San Antonio Business Journal, Shell will be cutting their U.S capital by 20 percent  due to this decision. Shell PLC is the number one natural gas and oil producer ...

Read More »

Residents learn risks of possible facilities

Nordheim

YORKTOWN — Two oil-field waste facilities are being proposed near the town of Nordheim. The applications for the sites have been denied once, but the applications have been amended and again are in the hands of the Texas Railroad Commission. Known and suspected cancer-causing compounds as well as mutagens are among the chemicals that will be going into the two ...

Read More »

‘A lot of fear’ about fracking

Oil well

The Texas oilman says that every time hydraulic fracturing, or fracking, is discussed in the region, people present the “nightmare scenario.” “There is a lot of fear because people have told them, if they frack, they’re going to completely ruin our water system,” said Stan Sherrill, president of Shore Exploration and Production Corp. in Texas. “Nothing could be farther from ...

Read More »

Cheyenne is 19th best-performing small city in U.S.

A view of the Cheyenne rail yards from the Norris viaduct. (Photo: Michael Smith/Wyoming Tribune-Eagle)

CHEYENNE — Cheyenne is one of the best performing small cities in America. Or so says a report from the Milken Institute, a California-based economic think tank. Cheyenne ranks 19th out of the 179 small metropolitan areas surveyed for the institute’s 2014 report. The rankings are based mainly on local economic factors like job growth, employee wage increases and concentration ...

Read More »

Baker Hughes announces cuts

Baker Hughes will lay off 7,000 workers by the end of March, a move expected to impact the Permian Basin as low oil prices pressure the labor-intensive oilfield services sector to scale back. Baker Hughes officials did not reveal how many of those cuts will be in the Permian Basin. “This is really the crappy part of the job, and ...

Read More »

Hillary Clinton to speak in Canada amid debate over Keystone

WINNIPEG, Manitoba — Hillary Rodham Clinton, who has so far avoided taking a position on the Keystone XL pipeline, is sure to face the issue again on Wednesday in a return to Canada as Congress considers approving construction of the contentious project backed by the United States’ northern neighbor. The former U.S. secretary of state was to headline events in ...

Read More »

Newly-commissioned power plant slated for Niobrara

natural gas flame

A commission partnership has been announced for a new gas processing plant in Converse County, Wyoming. Williams Partners L.P. and Crestwood Midstream Partners L.P. have collaborated to commission the Bucking Horse gas processing facility, which will boost the Powder River Basin’s processing capacity by 120 million cubic feet per day. The new site, located in Douglas, will include processing buildings, ...

Read More »

API poll reveals interesting voting statistics

This just in: candidates supporting energy reform win elections. That is the consensus gathered after this week’s election results. Candidates who put energy issues at the forefront of their campaign generally won their respective race, according to a poll done by the American Petroleum Institute (API). That fact was especially true in the key battleground state of Colorado, which many ...

Read More »

Consumer prices slow with O&G in the west

Despite a slow but steady oil price recovery for Colorado, the growth recently came to a halt, and with it, consumer prices. According to the Denver Business Journal, the U.S. Bureau of Labor Statistics reported a 0.3 percent jump in the federal consumer price index (CPI) in western states for the month of April. This gain is notably smaller than ...

Read More »