Category: Hydraulic fracturing

Commentary: A talk with Russell Gold, author of ‘The Boom’

Russell Gold is absolutely marvelous. Not only has he spent over a decade as an intrepid energy reporter at the Wall Street Journal, but he has written a book, ‘The Boom‘, which is the quintessential history of the US fracking revolution. The book provides a fair and balanced view on how hydraulic fracturing has kick-started […]  More »

More Nuggets on the US Energy Boom

I didn’t intentionally seek out these nuggets on  the US energy boom – especially so quickly after my recent involvement with Miley and Mr Bieber - but they were just conveniently there. Fast food if you like. As crude oil production hits a new 28-year high and natural gas continues to achieve higher and higher record levels of […]  More »

Schlumberger reports profit drop amid overall sales growth

Schlumberger’s profit fell 24 percent in the second quarter despite a revenue increase.  More »

Baker Hughes earnings up 47 percent

Oilfield service company Baker Hughes’ profits rose 47 percent in the second quarter amid unprecedented demand for its services in North America, the company said Thursday morning.  More »

Denton residents to vote on fracking ban in November

The Denton City Council voted down a petition 5-2 to ban new hydraulic fracturing after eight hours of testimony, sending the proposal to a public ballot in November  More »

Enhanced oil recovery techniques limited in shale

Energy companies currently leave about 95 percent of the crude in the ground at today’s unconventional oil wells, but they face major technological challenges in boosting recovery rates, a Schlumberger scientist said Tuesday.  More »

Coming soon to a country near you: The US frac phenomenon

The United States’ monopoly on pulling oil and gas out of ultra-dense rock formations is ending, as companies aim to replicate the success in other countries, energy analysts said Tuesday.  More »

Denton’s proposed fracking ban likely to go to voters

As Denton considers permanently banning hydraulic fracturing within city limits, the state’s oil and gas regulator has weighed into the fray, arguing the move would undercut one of the key pillars of the Texas economy.’  More »

Rosneft to buy Weatherford operations in Russia, Venezuela

Russian oil giant Rosneft will buy Weatherford International’s land drilling and workover operations in Russia and Venezuela for $500 million cash, the companies announced Monday morning.  More »

Whiting to buy Kodiak, creating larger North Dakota player

Whiting Petroleum Corp. agreed to buy Kodiak Oil & Gas Corp. for about $3.8 billion in stock, creating what it called the largest oil producer in the Bakken/Three Forks region of North Dakota.  More »

Influence game: Shaping railroad safety rules

Billions of dollars are riding on how oil train safety rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration.  More »

Near spill, reservation wrestles with oil’s impact

For many Native Americans on Fort Berthold Indian Reservation — a land that accounts for 300,000 of the 1 million barrels of oil produced by North Dakota daily — there is a difficult balance between the potential prosperity that oil and gas development can bring and the preservation of a land considered by cultural and religious tradition to be sacred.  More »
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