The outage of key oil ports have disrupted shipments, leaving
Texas shale drillers without a destination for their crude.
Even as a lot of facilities have come back online in Texas, the remaining outages could still force
Texas shale drillers to take production offline at some point in the near future.
Not exact matches
Both companies said they are accelerating
shale drilling in the Permian Basin of west
Texas and New Mexico, the largest U.S. oilfield, helping to lift the nation's output so far this year to more than 10 million barrels per day, a new record.
Even
Texas, the birthplace of
shale fracking, recently passed a law requiring
drillers to disclose the chemicals they use.
Many thought Mitchell was crazy when he started
drilling Texas shale.
Oil production is soaring from
shale formations in
Texas and North Dakota using hydraulic fracturing and directional
drilling technology.
West
Texas - based Concho's stock tumbled as it bought rival
shale driller RSP for $ 8 bln.
In the 1990s, new
drilling technology developed in
Texas made recovering gas from
shale far more efficient.
Fracking's infrastructure extends to the
shale deposits of Pennsylvania,
Texas, Oklahoma, and North Dakota, where the wells are
drilled, to the hills of Wisconsin and Minnesota, where frack sand is mined, to the spiderweb of pipeline, compressor stations, storage depots, power plants, and LNG...
But precisely at the moment Greenspan was delivering his grim forecast for the United States, energy industry iconoclasts in
Texas were proving definitively that combining horizontal
drilling and large - volume hydraulic fracturing could unlock a huge rush of gas from
shale.
The surge in U.S.
shale development through hydraulic fracturing and horizontal
drilling in North Dakota, Oklahoma and
Texas has boosted domestic oil production — 7.3 million barrels a day last week alone — to the highest level since 1986, according to the U.S. Energy Information Administration.
Historically, fracturing in California has been used in vertical wells — not in combination with the horizontal
drilling techniques that have wrested oil from North Dakota's Bakken and natural gas from the Barnett
shale of
Texas or Marcellus
shale in Pennsylvania.