Sentences with phrase «shale drillers moved»

The crash in prices meant that shale drillers moved on to greener pastures, and most of them began looking for oil rather than gas because crude fetched $ 70 to $ 80 per barrel.

Not exact matches

There have been a number of high - profile derailments of trains — including one by UP — carrying shale oil, much of which is produced in new drilling areas without established pipeline networks and must be moved by rail.

First up is a greenlight on a drilling campaign in Argentina's Vaca Muerta shale, the first major investment for Total in several years and the first of 10 projects that will move forward.

In a similar move, Total SA (TOT) purchased 25 % of Chesapeake Energy's (CHK) Barnett shale operations, in a move widely seen as a way for Chesapeake to maintain its drilling budgets in that basin and elsewhere.

Let's say we shut down and decommissioned coal mines and coal - fired power plants, stopped new offshore drilling for oil and gas plus the development of shale oil and gas, moved away from nuclear power as too risky, spent trillions to subsidize non-viable windmills and solar panels to squeak by in avoiding a total blackout by imposing exorbitant taxes on energy in order to force people to cut back its use.