Home / Tag Archives: Shale (Oil and Gas)

Tag Archives: Shale (Oil and Gas)

Billion-dollar debate in Oklahoma divorce: Was oilman just lucky?


Joshua Schneyer | Reuters NEW YORK  – For years, Continental Resources, the largest oil driller in the booming Bakken Shale formation, touted the hard work of its CEO and founder, Oklahoma billionaire Harold Hamm, as “a driving force” behind the company’s success. “Over the course of the Company’s history, Mr. Hamm has successfully grown the Company through his leadership skills ...

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Wolfcamp Shale to see $12 billion worth of investments this year

Capital investment in horizontal drilling operations targeting the Wolfcamp Shale should exceed $12 billion this year and surpass the amount invested in the booming Bakken Shale of North Dakota by 2017, according to a recent analysis by the firm Wood Mackenzie in Houston. That compares to about a $9 billion capital expenditure last year in the Wolfcamp, which is the ...

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Armed with new technology, oil drillers revisit Gulf of Mexico

Swetha Gopinath and Sayantani Ghosh | Reuters  Advances in drilling technology are reviving the prospects of oil companies in shallow parts of the Gulf of Mexico, helping to squeeze more from older fields while the U.S. shale bonanza lures others onshore. Apache Corp and a handful of smaller independent companies are using seismic surveying and horizontal drilling – techniques perfected ...

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Little frack support in NY’s Southern Tier


Brian Nearing | Albany Times Union COLONIE — Most people who live in the target zone for potential natural gas hydraulic fracturing, or hydrofracking, understand that a gas boom could provide money and jobs, but still oppose it over concerns of polluted water and air, according to a recent poll from Time Warner Cable News and Siena College. The poll ...

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Another natural gas pipeline is proposed to cross northern Ohio


Bob Downing | Akron Beacon Journal Another pipeline has been proposed to carry Utica shale natural gas from eastern Ohio to Midwest markets. Dallas-based Energy Transfer Partners LP wants to route the line through southern Stark and Wayne counties en route to Defiance in northwest Ohio, where the line would connect with existing pipelines to other points in the Midwest. ...

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Beaver Run water untainted by shale gas wells, tests show


Rich Cholodofsky | Tribune-Review (Greensburg, Pa.) Three years of testing at the Municipal Authority of Westmoreland County’s Beaver Run Reservoir has found drinking water untainted by Marcellus shale gas wells, drilled just yards from the water supply. Testing will continue for a fourth year under a new contract with Indiana University of Pennsylvania. The school will be paid $75,000 this year ...

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Austin firms see opportunity in North Dakota’s flaring gas

Bakken Oil Well Flare

Dan Zehr | The Austin American-Statesman, Texas Back in 2008, in the early days of the drilling boom that has transformed the Bakken Shale of North Dakota, Lance Langford found it hard to believe that transporting oil out of the field would remain so expensive. Industry analysts and other oil producers said it would cost $35 a barrel to transfer oil ...

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PA oil and gas jobs projected to grow, new study reveals


Brendan Gibbons | Times-Tribune Oil and gas employment is projected to continue growing by the end of 2014, though not as much as last year, according to a recent employment survey by the Marcellus Shale Coalition. The survey projects 2,000 new jobs added among its respondents in 2014, half of the projected 4,000-job increase last year. The coalition surveys its ...

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Personally, I’m in favour of continuing shale gas exploitation project (SRI head)

Romania flag

BUCHAREST — Director of the Romanian Intelligence Service (SRI) George Maior said on Monday he is in favour of continuing the shale gas exploitation project, pointing out that in this case, there are powerful foreign influences the Romanian state is trying to counteract. ‘It is about a concern of a segment of the population, a natural reaction, from the environmentalists, ...

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