Tag: hydraulic fracturing

Pumps move to the Permian under market pressure

Rigs designed for horizontal drilling made a big move last year into the Permian Basin, the last major U.S. oil patch to remain a stronghold for older vertical units. But that’s small relief two years after a surge of oil field services startups left the U.S. market with far too much fracturing equipment and sent prices for fracturing jobs plummeting.  More »

Moniz: Natural gas risks can be ‘managed’

Environmental concerns surrounding domestic natural gas production are surmountable, Enregy Secretary Ernest Moniz said Wednesday.  More »

Encana slashing fuel costs by drilling with natural gas

Half of Encana Corp’s drilling rigs are running on natural gas, which means that company will save between $200,000 and $1.5 million in annual fuel costs, the company’s CEO said Tuesday.  More »

Are injection wells helping spark Texas quakes?

The widespread use of hydraulic fracturing to extract natural gas and oil from shale formations has increased the need for disposal wells, which are used to send wastewater deep underground. And there is some evidence they can cause quakes.  More »

European Union drafting ‘minimum’ guidelines for fracking shale

The European Union plans “minimum” guidelines for shale fracking, under proposals that may facilitate oil and gas drilling using the contested technique that’s brought the U.S. toward energy independence, according to a draft statement.  More »

Students’ debate over fracturing could be fractious

The nation’s 16 best moot-court programs are preparing to face off at the federal courthouse in Houston this month. They’ll be debating an issue at the heart of the United States current energy boom: hydraulic fracturing.  More »

Groups to demonstrate for NY ban on ‘fracking’ at speech

Environmental groups opposed to natural gas drilling using high-volume hydraulic fracturing plan to make a lot of noise at the Empire State Plaza this week.  More »

Exxon Russia ambitions show oil trumps Obama-Putin spats

As Barack Obama and Vladimir Putin argue over human rights in Russia and the fate of fugitive U.S. intelligence analyst Edward Snowden, the countries’ biggest oil companies are preparing to drill for giant discoveries together in the Arctic Ocean.  More »

Survey finds few know what fracking really is

In a recent survey published by researchers at Oregon State, George Mason and Yale universities, more than half of respondents reported knowing little or nothing of fracking. And almost 60 percent of those surveyed said they had no opinion on the subject.  More »

Public weighs in on Illinois’ tough fracking law proposal

The public hearings have ended, but state officials said there’s still time to submit public comments on proposed rules for the high-volume oil and gas drilling known as hydraulic fracturing.  More »

Hydraulic fracturing reduces threat of Texas drought, researchers say

The water saved by shifting a power plant from coal to natural gas is 25 to 50 times as great as the amount of water required to extract the natural gas through hydraulic fracturing, according to a University of Texas study released Thursday.  More »

Defunct company sues NY claiming fracking delay

A bankrupt company that hoped to drill for gas in New York is suing the Cuomo administration over what it calls an unreasonable delay in deciding whether to allow hydraulic fracturing for natural gas.  More »