Keyword: hydrofracturing

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  • Fracturing firm files for bankruptcy protection

    10/29/2013 4:30:39 AM PDT · by thackney · 5 replies
    Fuel Fix ^ | October 28, 2013 | Zain Shauk
    Green Field Energy Services, which uses natural gas to run its hydraulic fracturing equipment, filed for bankruptcy protection on Sunday after defaulting on payments for two loans. Green Field, which has an $80 million loan from Shell, defaulted last month on a payment, according to court filings. The company also defaulted this month on a separate, $250 million loan, from Wilmington Trust, according to the filing. Green Field is the only company so far that has been able to run fracturing equipment on 100 percent natural gas. Shell has been its top customer, accounting for 79 percent of Green Field’s...
  • Concerns Spread over Environmental Costs of Producing Shale Gas

    07/10/2010 2:30:15 PM PDT · by Willie Green · 21 replies · 2+ views
    Scientific American ^ | July 9, 2010 | Joel Kirkland
    PITTSBURGH—Around suppertime on June 3 in Clearfield County, a geyser of natural gas and sludge began shooting out of a well called Punxsutawney Hunting Club 36. The toxic stew of gas, salt water, mud and chemicals went 75 feet into the air for 16 hours. Some of this mess seeped into a stream northeast of Pittsburgh. Four days later, as authorities were cleaning up the debris in Pennsylvania, an explosion burned seven workers at a gas well on the site of an abandoned coal mine outside of Moundsville, W.Va., just southwest of Pittsburgh. The back-to-back emergencies were like a five-alarm...