The EPA will put the Kibosh on that in its quest for 10 dollar gas.
Ping - the shale plays just keep a-comin - so-called environmentalists are seeing their energy-starved America utopian dream come to naught.
Want to buy some swamp land in the bayou....
It might create jobs, therefore it won’t be allowed to go forward within the regime.
Apply for a permit to drill an artesian well for water, and then drill down for the oil. That’s about the only way Obama is going to allow drilling for this oil.
Am I kidding? Hell no. Use his past record as a sign.Stop listening to his words and start looking at his record.
The geologist started his own company and began buying up leases in what he considered the best drilling areas. This is the first I've heard of it in quite some time.
Fracking has been put on hold (new wells) in nearby Arkansas due to belief it was causing earthquakes near Guy,AR. Just sayin’. Also problems with fracking in Penn/NY State. Although problems there pollution related, not earthquake.
I certainly hope so. Now, get rid of or hobble the EPA (will have to wait until next year to do that) and Louisiana could get a long deserved break. The flood victims’ progress never makes the news (certainly not like the post-Katrina drumbeat), not to mention how folks are faring after last summer’s oil spill. I hope people are doing okay, never far from my thoughs.
Obama admin opposition to surely follow.
Positive proof this "journalist" has no idea what they are talking about and didn't bother to try and learn. He is just repeating terms he heard without knowing what they mean.
Fracking, or rather hydraulic fracturing, is not a drilling method. It is not drilling. It occurs after drilling is completed and is done in vertical as well as horizontal wells.
I would like to think this article has some good information about a new play, but now everything mentioned is suspect.
Prosperity and jobs likely? Shut it down!
The gov will shut it down. The so called “both” parties will stop it immediately like they did Anwar.
Oil production is all but “illegal” in America and has been for at least 50 years. But, you can ‘buy’ as much of it as you want?
The EPA should correctly be called the APA (Arab Protection Association)
Nope. I worked my first horizontal well in the Williston Basin in 1990, and there were a few done there in the mid '80s.
Those wells in the mid-80s were in the Bakken Shale, and most were plagued with problems and did not reach payout.
By 1990 we were drilling in carbonate reservoirs, notably the Ratcliffe, and the 'boom in Bowman' drilling the Red River 'B' wasn't far behind that. We did re-entry laterals in the Madison fields in Tioga, Stonewall Formation Horizontal wells in Eastern Montana, Nisku 'A' wells by Belle Lake Pasture, and started really drilling Bakken Laterals in Elm Coulee Field in Montana in 2000. North Dakota drilling in the Bakken and Three Forks followed shortly behind that.
It might be new to those fellows, but in just this basin the technique has been around a lot longer than 10 years.