Horizontal Wells

Boom Goes Bust: Texas Oil Industry Hurt By Plunging Oil Prices

Slow and steady wins the race, according to Chevron, a company that is actually increasing its US upstream capital budget this year. Chevron started slow in the Permian Basin and watched what other companies were doing while it honed its drilling strategy. Now that oil prices are considerably lower than they were at the beginning… Keep reading →

Fracking: Yes! There’s Insurance Coverage for That!

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

Some people believe that “fracking” – the use of horizontal drilling and hydraulic fracturing technology – is a miracle, increasing the extraction of oil and gas from places deep under the ground where hydrocarbons were previously unrecoverable. It has led not only to an economic boom but to a boom in drilling from thousands of fracking wells throughout the United States.

Migrant Workers Farm Crops In Southern CA

A disrupted planting schedule and unusually wet weather has increased demand for propane used to dry corn, creating shortages exacerbated by transportation bottlnecks. “A lot of guys are being rationed at 300 to 500 gallons a day, and it’s just not enough,” said John Plathe, 49, a corn farmer in west-central Minnesota. “If this were… Keep reading →

New York State Mulls Limited Fracking In Southern Tier

NETL has stated nothing of concern has thus far been found for preliminary results of its ongoing hydraulic fracturing study at Pennsylvania’s Marcellus Shale. On July 19, 2013, the Department of Energy’s National Energy Technology Laboratory (NETL) released a preliminary statement of its ongoing hydraulic fracturing study at two Pennsylvania drilling sites.  NETL stated that… Keep reading →