Schlumberger Ltd. is seeing continued strength in its North American operations in part because of its hydraulic fracturing (fracking) technology, which is reducing time and costs to complete a well, management said Friday.
Friction
Articles from Friction
Texas Regulators Put Feds on Notice
The acrimony between Texas and the federal government — over oil spill and air emissions regulations, to name but two points of friction — continued Tuesday at the Railroad Commission of Texas (RRC).
Andersen Warns Of Increased State/Federal Tensions
Friction is likely to increase between state and federal regulators on the issue of deregulation if states begin to block retail competition because of the crisis in California, according a new report issued last week by Andersen Consulting. The report, “Energy Crisis in the Western United States: Lessons for Navigating Regulatory and Market Minefields,” was unveiled by Andersen’s North American Energy Consulting Practice at a Washington, D.C. briefing.
Andersen Warns Of Increased State/Federal Tensions
The likelihood of friction between state and federal regulators increasing over deregulation plans if states slow or walk away from retail competition is just one of several important implications resulting from the ongoing shockwave that has rolled through the Western energy markets, according to a new report issued Tuesday by Andersen.