Sentences with phrase «drilling boom as»

The Stack formation, along with the nearby Scoop, is going through a drilling boom as it offers good returns at a $ 50 oil price.

I recently attended a Manhattan screening of «Promised Land,» a new feature film written by and starring Matt Damon and John Krasinski that aims to examine America's natural gas drilling boom as a case study in «what happens when real people and real money collide,» as Krasinski explained in publicity materials.

Not exact matches

As detailed in the first three installments of Power Shift, an NBC News / CNBC special report, the United States is experiencing an energy boom created by new drilling technologies that have unlocked vast domestic oil and natural gas reserves.

Mitchell, who died two years ago at age 94, was reportedly among those urging for tighter regulation of the practice, fearing that small, independent drillers might take dangerous shortcuts as they rushed to participate in a historic oil boom.

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.

Fracking Bryan R. Walsh of Time Magazine has beautifully summarized energy issues that are simmering today as President Obama takes his education - oriented bus tour to Binghamton, N.Y., at the epicenter of the fight over hydraulic fracturing, or fracking, and the gas drilling boom it has spawned:

Such leaks from coal mines and gas drilling sites are on the rise as a result of the shale gas boom in the US.

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.

His accession to office coincided (coincidentally) with the widespread adoption of hydraulic fracking to drill for natural gas, resulting in a sudden boom in supplies and a rapid drop in price, to the point where gas began to supplant coal as the fuel of choice for American power plants.

As the industry continues to boom, workers continue to make a decent living drilling for oil and gas; however, it is also a very dangerous industry that causes many serious injuries and deaths each year.