Sentences with phrase «profit from drilling»

The expansion of shale gas in the US has dropped the price of feedstocks by two thirds, they have to do something with all that gas to make a profit from drilling for it.

Critic Hal Smith said some members of the town board had a conflict of interest in voting for the resolution because they would personally profit from drilling.

Not exact matches

«U.S. growth of 0.6 million barrels a day in 2017 beat all expectations, even with a moderate price response to the output deal as the shale industry bounced back — profiting from cost cuts, stepped up drilling activity and efficiency measures enforced during the downturn,» the group said.

Royalty rate dust - up: US Interior Secretary Ryan Zinke said Tuesday the government won't cut royalty rates on profits from offshore drilling.

In this phone call, the Skeloses lament Cuomo's ban on fracking because they had hoped that the younger Skelos could profit from the gas drilling process.

Players must balance the amount of money they spend on drilling equipment with the income from oil to turn as much of a profit as they can in one year's time.

Aside from getting money for not drilling, Ecuador hopes to also profit on the carbon offsets they generate by keeping this rainforest preserve intact.

While their influence and profits are still enormous, we can see from increasing shifts to unconventional extraction methods — hydraulic fracturing, deepwater drilling, tar sands mining, and other examples — that easily accessible fossil fuels are dwindling.

From the article:...... Halliburton, the world's No. 2 oilfield services provider, reported a better - than - expected quarterly profit, helped by buoyant shale drilling activity in North America.

• Support for energy innovation today comes from those concerned about the high (and rising) economic costs, not to mention the foreign entanglements created by America's dependence on oil; the need for greater energy access in poor countries; diseases and deaths caused by air pollution, oil and gas drilling, and coal mining and waste; and the potential for America to manufacture and export new energy technologies at a profit.

Chevron and other giant energy companies are demanding a TTIP investment chapter that will allow them to sue governments if environmental or other regulations interfere with their expected future profits by, for example, restricting oil and gas drilling, imposing pollution and oil spill controls or constraining the use of hydraulic fracking techniques to extract natural gas and oil from shale formations.

Drake's drilling method quickly caught on throughout the region, though he failed to patent the idea and profited little from it.

South Texas, Louisiana and other states along the Gulf Coast are especially rich in natural resources, which makes this region a target for large - scale gas and oil operations, as well as corporations looking to profit from the mineral riches by drilling deep into the soil.