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Industry scours lesser-known fields in search for next big play
Posted by Greenwire: Nathanial Gronewold on January 21st, 2012
Greenwire: With record-low U.S. natural gas prices worrying oil and gas companies that have invested heavily in breakthrough shale plays, the industry is sending drilling to tight oil prospects and resources rich in natural gas liquids -- better investments as crude prices linger near $100 per barrel.
And with competition already fierce in North Dakota's Bakken field and south Texas' Eagle Ford, companies are turning toward lesser-known oil-rich formations in what could be the next chapter in the North American...
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U.S. shale boom seen casting long shadow over global energy landscape
Posted by Greenwire: Nathanial Gronewold on November 5th, 2011
Greenwire: The United States is in the early stages of a boom in domestic oil production, sparked by the same innovations in drilling technologies that tapped shale to spur a 20 percent spike in natural gas output.
Shale oil production is already booming in western North Dakota where light crude production from the Bakken Shale formation is transforming the state economy. And there are signs it will spread in Texas, eastern Ohio and parts of northeastern Colorado and even Michigan. In all, experts say, 20...
Green Groups Add Muscle in Texas, Gird for Uphill Battles
Posted by Greenwire: Nathanial Gronewold on September 14th, 2011
Greenwire: This famously "weird" city long has been seen as the Lone Star State's greenest. But in April, Dallas briefly stole that title when it played host to the nation's second-largest Earth Day celebration. Organizers attracted 48,000 people to their inaugural event, just shy of the 50,000 people who turned out for the celebration in New York City, according to the Earth Day Network. "Everybody said: 'Dallas? Texas? Earth Day? You've got to be kidding me,'" recalled Earth Day Dallas director Susan Brosin....