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.