The Haynesville Shale is one of the founding fathers of the modern
shale drilling boom.
Not exact matches
US oil exploration companies have flocked to the superrich Permian Basin in recent years and used
shale -
drilling technology to create an oil
boom that simultaneously helped trigger a price crash two years ago.
Advances in horizontal
drilling and hydraulic fracturing over the past 20 years led to a U.S. energy
boom in «unconventionals,» a category that includes the
shale gas and «tight» oil found in
shale fields like the Cretaceous Eagle Ford and Mowry and older ones like the Barnett and Bakken.
According to the IEA, the
drilling boom for
shale oil is putting US production on track to pass Saudi Arabia.
The recent oil
shale boom was powered mostly by small firms because larger multinationals like Exxon and BP are structured for big payoff, technically - difficult projects like deep water
drilling and Arctic exploration.
Tuesday's indictment followed a nearly four - year federal antitrust probe that began after a 2012 Reuters investigation found that Chesapeake had discussed with a rival how to suppress land lease prices in Michigan during a
shale -
drilling boom.
Drilling for natural gas is
booming in Pennsylvania — thanks to fracturing
shale rock with a water and chemical cocktail paired with the ability to
drill in any direction.
Other parts of the country with
shale beds («plays» in industry parlance), such as Wyoming, Colorado, Arkansas, and Louisiana, have experienced similar gas
drilling booms.
Opponents of expanded gas
drilling have coined the term «frackademia» for university research on the potential impacts of the
boom in
shale gas
drilling that involves industry money or experts with industry ties.
Boria reported his agency received more than 140 complaints related to water pollution or gas migration associated with a
boom in nearby conventional
drilling operations (prior to
shale gas development).
8:21 p.m. Updated The producers of Bloggingheads.TV invited me to join Abrahm Lustgarten of ProPublica in a discussion of the
drilling boom aimed at the vast deposits of natural gas identified in deep
shale layers and other deposits around North America and, increasingly, the world.
Thanks to fracking, horizontal
drilling, and the
shale gas
boom, there is more natural gas at a lower price than there has been in decades.
Such leaks from coal mines and gas
drilling sites are on the rise as a result of the
shale gas
boom in the US.
The US
shale boom is drawing increasing attention from federal agencies worried about the potential hazards posed by
drilling.
Reuters: The U.S. government on Tuesday jacked up its forecast for oil production next year by 250,000 barrels per day (bpd) as the
boom in
shale oil
drilling continues to confound expectations of slower growth.
The ability to
drill horizontal oil and gas wells and to «frack»
shale by injecting pressurized sand and chemicals into the rock has enabled a huge
boom in natural - gas production over the past decade.
Meanwhile, the ongoing American
shale gas
boom — powered in part by decades of federal investments in
shale drilling technologies — is accelerating the closure of US coal - fired power plants.