After studying hundreds of thousands of hydraulic fracturing (fracking) operations, the practice was determined to have caused noticeable tremors at the surface in only three cases and was “not a significant” source of earthquakes, according to researchers at UK’s Durham University.
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Newspapers on Jobs See Shale Impact Differently
In an article Tuesday, the Post looked to the future with a report, “European industry flocks to U.S. to take advantage of cheaper gas,” while the Times complained Monday that the “Jobs Boom Built on Cheap Energy Has Yet to Appear.”
Gulf, SoCal Lead Broad Advance; Futures At Record Open Interest
The cash market scored an average gain of 8 cents in Tuesday’s trading. Gains were widespread and only a handful of thinly traded points fell into the loss column.
Private Pennsylvania DCNR Meeting to Discuss Forest Drilling
The Pennsylvania Department of Conservation and Natural Resources (DCNR) plans to hold an invitation-only meeting on Thursday to discuss a request by two energy companies to access their mineral rights under the Loyalsock State Forest.
Unconventional Opportunities Still Open in North America, Says Tudor
North American oil and natural gas producers are in the “middle to latter stages of the land grab” for unconventional properties, but there still will be opportunities down the road for others to pitch a claim, said Tudor, Pickering, Holt & Co. Inc.’s (TPH) Bobby Tudor.
GM CEO Urges 30-Year U.S. Energy Blueprint
The chief of General Motors (GM) last week urged President Obama to appoint a blue ribbon committee whose only goal would be to develop a 30-year energy policy plan for the United States.
GM CEO Urges 30-Year Blueprint for U.S. Energy
The chief of General Motors (GM) on Wednesday urged President Obama to appoint a blue ribbon committee whose only goal would be to develop a 30-year energy policy plan for the United States.
BLM Pulls in $4.1M in Utah Lease Sale
The U.S. Bureau of Land Management (BLM) received bonus oil and natural gas bids totaling $4.068 million for 26 parcels in Utah that cover 37,414 acres in the latest quarterly lease sale, officials reported Tuesday.
New North Dakota Flaring Law Emerges
Another proposal has emerged in the North Dakota state legislature seeking to eliminate exemptions from the state’s current one-year limit for oil production wells flaring associated natural gas.
Onshore Market Challenged Through 2013, Says Halliburton
A continued overcapacity in land pressure pumping services, as well as no relief in natural gas pricing, will impact Halliburton Co.’s North American business again this year, CEO Dave Lesar said Friday.