Sentences with phrase «drilling boom in»

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.
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.
She agrees that this jar, by itself, proves nothing about the environmental impact of «fracking,» the drilling technology largely responsible for America's boom in oil and gas production.
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.
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.
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.
A boom in natural gas drilling in the U.S. has caused prices of that commodity to fall precipitously in recent years.
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.
They are just beginning to emerge in Pennsylvania, where the Marcellus Shale drilling boom began in earnest in 2008.
Boom in Arctic Ocean drilling means hazardous leaks under ice, hidden from sight — but not from sound
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.
A drilling boom is under way and in June this year, oil production rose nearly 30 percent compared with the same period in 2012, to 161,000 barrels of oil each day.
The boom in oil and natural gas drilling is deepening the uncertainties, geologists acknowledge.
March 12, 2012 • New drilling technologies and rising fuel prices have generated a boom in U.S. oil and gas drilling.
An oil - drilling craze that began here in the 1850s created vast fortunes but would boom, bust, and eventually dry up in Pennsylvania, like coal and steel, leaving behind unemployment, a compromised ecology, and faded grandeur by the cubic foot.
On the other hand, the boom in oil & gas drillings has grown Timken's tubular business which now accounts for 20 % of sales.
The boom from the first oil find was so spectacular that after the hundreds of wells already put in had begun to run dry, drillers attempted to expand their area of operations uncomfortably close to Santa Barbara.
Walter gave a booming, outraged speech in adamant opposition to the drilling plan.
I've been meaning to post for awhile on «Gas Rush Stories,» a series of simple, but captivating short films on America's gas drilling boom made by Kirsi Jansa, a Finnish video journalist currently living in Pittsburgh.
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.
A broader question overlaying this particulate debate is how much economic incentive companies have to drill in the Arctic, which has notoriously bad weather and is open for drilling for only a few months of the year, when oil production is booming onshore in the lower 48 states.
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.
The low price for gas now, after the boom years since 2007 or so in other states (which produced the problems and anger distilled into the film «Gasland «-RRB-, will insure that any drilling effort plays out at a pace that will be manageable.
I hope you'll read «Applying Creativity to a Byproduct of Oil Drilling in North Dakota,» a valuable Clifford Krauss feature on baby steps taken by the oil and gas industry to stanch the wasteful, polluting flaring of natural gas from the country's booming Bakken oil fields in North Dakota.
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).
State geologists had been criticized in previous years for not making the connection to the water disposal surge from the drilling boom.
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.
For example, 44 % of Millennial Republicans support the increased use of offshore drilling, compared with 75 % of Republicans in the Baby Boomer and older generations.
For example, 75 % of Republicans in the Baby Boomer and older generations support the increased use of offshore drilling, compared with 44 % of Millennial Republicans.
Those that have experienced some drilling activity since the Marcellus boom began a decade ago, are shown in red:
I'd rather have a booming corn economy in Iowa and Illinois producing ethanol than the Arabs drilling the Earth and germinating terrorists.
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 drilling technology has helped usher in a huge gas boom but has also triggered much grassroots opposition due to a new set of environmental concerns.
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.
Denver Business Journal: The boom in oil and natural gas production in North America, largely due to the new technologies of horizontal drilling and hydraulic fracturing, is changing the balance of power across the world, former Secretary of State Condoleeza Rice told attendees at the Vail Global Energy Forum.
Jenkins said the current boom in natural gas is being driven by drilling techniques that were largely the result of federally funded research and technology since the 1970s.
Measure 5 in North Dakota would earmark oil revenues from the state's drilling boom strictly for land conservation.
Inside the fight: The recent drilling boom has left North Dakota in an enviable financial position.
Technological advances in hydraulic fracturing and horizontal drilling have unlocked vast energy resources that were previously inaccessible, leading to the greatest domestic energy boom in U.S. history.
The Barnett Shale boom became highly successful with vertical wells, and it was not until 2005 that horizontal wells being drilled in the Barnett outnumbered vertical wells.
Finally, the Breakthrough Institute has produced excellent evidence that government subsidies for speculative technologies and research over at least 35 years have played a role in the development of the energy boom's key technology enablers: 3 - D seismology, diamond drill bits, horizontal drilling, and others.
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.
America's energy boom can almost entirely be attributed to technological innovations in hydraulic fracturing and horizontal drilling.
Drilling accidents, which can and do happen, can have a profound impact on these industries, and the boom - bust cycle of energy extraction can irreparably change the way of life in rural communities.
The U.S. is in the midst of an energy boom due mainly to the widespread use of hydraulic fracturing, or fracking, and horizontal drilling.
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.
The recent boom in drilling along the Marcellus Shale has been, in many ways, good for our area.
While this boom creates low unemployment and increased investment options (including real estate) in many secondary and tertiary markets where drilling is prevalent, natural gas exploration is not without risk and cost, including increased carbon emissions, groundwater contamination, reduced economic activity in alternative energy sectors and the potential for boom - and - bust local economies susceptible to rapid declines in production.
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