Sentences with phrase «shale drilling world»

Papa, CEO of Centennial Resource Development, is a closely followed figure in the U.S. shale drilling world, where producers rely on advanced techniques to coax oil and gas from tight rock formations.

Not exact matches

The gas is there, quite possibly more than in Alberta — Apache Canada reported what it called «the most prolific shale gas resource test in the world» in B.C.'s Liard Basin a year ago — but at today's prices it's not worth drilling for.
The Argentina government has been keen on attracting some of the largest energy companies in the world to scale up shale oil and gas drilling.
Eagle Ford Shale drops 8 more rigs, leaving 41 at work Explorers parked more drilling rigs in U.S. oilfields as the rest of the world looks to shale producers to Continue Reading
It is appalling that while the federal government is pushing offshore oil drilling and mountaintop - removal coal mining, proposing to strip - mine shale oil and tar sands and to dramatically expand the production of high - level nuclear waste, they have declared a two - year moratorium on new solar electric power plants on public lands — which have some of the best solar energy resources in the world — for «environmental reasons».
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.
The United States is the world's leading oil and natural gas producer, thanks to vast shale energy reserves safely unlocked by advanced hydraulic fracturing and horizontal drilling.
Hydraulic Fracturing of Oil Gas Wells Drilled in Shale Hydraulic fracturing and horizontal drilling have turned unproductive shales into the largest natural gas fields in the World.
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.
The quick reaction time by some of the high - cost producers, notably the American shale oil drillers, is why one of the world's foremost oilmen, Sadad Al - Husseini, the former executive vice-president of Saudi Aramco, the world's biggest oil and gas company, is becoming bullish on oil even as Brent prices sink to the low $ 60s.
Indeed, throughout the long oil and gas history of the Appalachian Mountains, where the world's first oil well was drilled in 1859, drillers have known of «shows» of gas from the shale, brief blasts that would blow methane - charged water out of the hole, or tangle the drilling lines.
and George Bush, perhaps with an eye towards the fuel riots going on around the world, jumps and proposes the new Four Horsemen of the Apocalypse: 1) drilling offshore, 2) drilling in the Arctic National Wildlife Refuge, 3) adding refineries, and 4) extracting oil from shale, which makes the Alberta Tar Sands look environmentally benign.
The World Bank reports that for the first time since 2008 global gas flaring has increased, with the blame placed on increased shale gas drilling in North Dakota.
These techniques have allowed drillers to unlock vast underground shale reserves and caused the U.S. to become the world's largest liquid fuels producer.
Thanks to vast shale energy reserves and safe, modern hydraulic fracturing and horizontal drilling, the United States has become the world's leading producer of oil and natural gas.
Houston About Blog World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and offshore.
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