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Remote Wyoming site could help shape fracking’s future

Houston Chronicle: Natural gas development in the U.S. will depend not only on what happens in Washington and in statehouses across the country. It could be shaped in part by what happens in a big antelope-dotted field south of this remote valley town. Here, Shell Oil Co. and others are taking steps - some required and others voluntary - that soon may be the norm for reducing the environmental impact of gas drilling and the extraction process called hydraulic fracturing, or fracking. Shell, for instance, now...

South Texas shale attracting billions of dollars

Houston Chronicle: Though still facing uncertainty on many fronts as 2011 begins, the oil and gas industry knows one thing: It likes what it sees in South Texas. That's the site of the Eagle Ford shale formation, a vast underground network of dense rock layers, discovered only recently and now thought to be one of the nation's biggest oil and gas fields. To this point, the formation has existed in the shadow of other big domestic shale formations best known for their supplies of natural gas, including the Barnett...