It’s a race to see who invests wisely and can emulate North American successes while adapting shale fracking and drilling technologies to unique (and often quite different) geological formations. “Everybody around the world has taken notice [of shale] the past few years. They’re takin
We often point to the start of the shale revolution around 2008. But really, shale development didn’t begin a decade ago. It didn’t begin in 1947, either, the year that the Stanolind Oil Corporation experimented with its first “Hydrafrac” well by injecting 1,000 gallons of napalm-thic
HOUSTON – Dan K. Eberhart, the CEO of Canary, LLC, the largest privately held oilfield services company in the US, has announced a US shale energy recovery and a turning point in shale’s role to help stabilize world oil prices. “Energy economic indicators are positive,R
As president of the Pittsburgh-based Marcellus Shale Coalition (MSC), the region’s largest shale energy trade association, David Spigelmyer represents some 300 member companies. Working closely with legislators, regulators, international visitors, and the civic community, Spigelmyer i
By banning hydraulic fracturing in the state of New York, Gov. Andrew Cuomo has removed much-needed opportunities for economic growth and job creation from New Yorkers’ grasp. A study commissioned by the US Chamber of Commerce’s 21st Century Energy Institute estimated that the extract