Sentences with phrase «thought shale drilling»
They rightly thought shale drilling was much too capital intensive and risky.
https://longtermvalue.wordpress.com/ Not exact matches
Another significant observation is that the shaky financial position for some shale drillers also suggests that the downside risk to oil prices might not be as serious as once thought.
Many thought Mitchell was crazy when he started drilling Texas shale.
He said regulators have always thought that there are few emissions during the drilling process, but when drilling rigs drill through shale layers containing a lot of natural gas, a pressure pulse will send gas out of the well and into the atmosphere.
I think that shale gas and drilling plays like RIG, SDRL, SD, TLM, CIE, OAS, etc. are too risky but some of them will be a long - term story, but, if I can not sleep well with these in night, I do not buy them.
Using an airplane to detect greenhouse gas emissions from freshly drilled shale gas wells in Pennsylvania's Marcellus basin, Cornell and Purdue scientists have found that leaked methane is a tougher problem — between a hundred - and a thousandfold — than previously thought, according to a study published April 14 in the Proceedings of the National Academy of Sciences.
The Marcellus shale in West Virginia, Pennsylvania, and New York, once thought to be played out, is estimated to hold 168 - 516 trillion cubic feet (14.6 trillion cubic metres) still available with horizontal drilling.