Displaying 1 - 10 of 53 articles
This month US oil services company Halliburton issued a profit warning due to the increasing cost of guar gum, a key component of ‘fracking fluid'. With the company's second quarter 2012 North America profits now projected at 19.5% to 20% – compared to 25% at the outset...
The growth of hydrofracking in the Marcellus and other plays has caught the attention of dozens of water technology companies, many of them small startups. Their hopes are driven by a combination of tightening regulations, the lack of disposal wells in some plays, and the industry’s realization...
By George P. Mitchell and Mark D. ZobackNatural gas is a wondrous fuel. It emits less carbon dioxide, less mercury, less nitrogen oxide, less sulfur oxide than any other hydrocarbon energy source. Natural gas is the perfect bridge fuel on the way to a less carbon-dependent economy. There is no question...
The word is "fracking" is stirring a linguistic and political debate as controversial as what it defines.It's not in the dictionary, the industry hates it, and President Barack Obama didn't use it in his State of the Union speech — even as he praised federal subsidies for it.The word sounds nasty...
As recently as 2001, the production of gas naturally occurring deep inside shale rock provided less than two percent of total U.S. natural gas production. Today, it is approaching 30 percent. As late as 2007, it was commonly assumed that the United States would be importing large amounts of liquefied...
New York, which already has in place a rigorous permitting process for oil and gas drilling, has issued a revised environmental impact statement and proposed regulations that will govern high-volume hydraulic fracturing and horizontal drilling.The revised draft Supplemental Generic Environmental Impact...
The chief executive of oilfield services giant Halliburton says there are "fantastic and phenomenal opportunities" to expand shale drilling beyond North America, but that growth may come slowly."There is a lot to be excited about in the shale plays, but there are obstacles that need to be overcome and...
Recent Trends in the North American Pressure Pumping Market Have Serious Implications for Domestic and International Operators and SuppliersThis article is the third and final in a series of articles on recent trends in the North American pressure pumping market and their implications for both North...
The U.S. Environmental Protection Agency will open a 60-day comment period starting Tuesday for the public to weigh in on the agency's new proposed rules on air emissions from exploration and production activities, including hydraulic fracturing or fracking.Oil and natural gas drillers, environmentalists...
Recent Trends in the North American Pressure Pumping Market Have Serious Implications for Domestic and International Operators and SuppliersThis article is the second in a series of three articles on recent trends in the North American pressure pumping market and their implications for both North American...