Risks

Volatile commodity prices, supply risks and political/regulatory developments are the top concerns of U.S. producers, and the threat of bankruptcy has reached a six-year high, according to BDO USA LLP.

Two of the biggest onshore operators in the United States, Anadarko Petroleum Corp. and EOG Resources Inc., will disclose information on the financial risks posed to their investors associated with hydraulic fracturing (fracking) under an agreement reached Friday with the New York Office of the Attorney General (OAG). The settlement comes on the heels of ExxonMobil Corp.’s first unconventional drilling risk report, which was issued voluntarily to investors this week.

The shale boom does not come without risks, but it is presenting some major potential economic benefits for the United States if the industry and the nation can negotiate the “riskier parts of commercial commodity management,” according to ConocoPhillips Marketing Analysis Director Jim Duncan, who spoke at the LDC MidContinent Gas Forum in Chicago Monday.

ExxonMobil Corp. has agreed to disclose for the first time more details about the risks of drilling unconventional wells that use hydraulic fracturing (fracking) stimulation, complying with minority shareholder demands for the second time in two weeks.

The multi-year review by the U.S. Environmental Protection Agency (EPA) of the potential risks on public drinking water sources from hydraulically fracturing (fracking) natural gas wells includes case studies in five unconventional drilling areas around the country in the Marcellus, Barnett and Bakken shales, as well as the Raton Basin.

The multi-year review by the U.S. Environmental Protection Agency (EPA) of the potential risks on public drinking water sources from hydraulically fracturing (fracking) natural gas wells includes case studies in five unconventional drilling areas around the country.

The Environmental Protection Agency (EPA) has issued an interim update of 18 studies that have been undertaken in its multi-year review of the potential risks of hydraulic fracturing (fracking) of shale gas wells on public drinking water.

The Environmental Protection Agency (EPA) has issued an interim update of 18 studies that have been undertaken in its multi-year review of the potential risks of hydraulic fracturing (fracking) of shale gas wells on public drinking water.

The Environmental Protection Agency (EPA) has issued an interim update of 18 studies that have been undertaken in its multi-year review of the potential risks of hydraulic fracturing (fracking) of shale gas wells on public drinking water.