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Tag Archives: drilling

Range Resources’ capital budget cut by 18 percent, growth still expected

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Range Resources Corp. announced that it is chopping its capital budget for 2015 by 18 percent but is expecting growth during the next year. Despite cutting its capital budget, Range Resources said it believes it can achieve production growth of 20 to 25 percent on account of improving capital efficiencies.  Included in those efficiencies is increasing optimized well designs. The ...

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U.S. limits drilling in White River National Forest

DENVER — The federal government is making more than 90 percent of the 2.2-million-acre White River National Forest off-limits to future energy exploration, angering the energy industry but encouraging environmentalists who had pushed to protect mountain towns that depend on recreational tourism. The U.S. Forest Service released two formal documents Tuesday prohibiting energy development in most of the forest, which ...

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Bird’s fate shaping energy development in US West

SARATOGA, Wyo. — Efforts to conserve a struggling species of grouse that ranges across the Western U.S. are having far-reaching effects on the region’s energy industry as the Obama administration decides whether the bird needs more protections. Sales of leases on 8.1 million acres of federal oil and gas parcels — an area larger than Massachusetts and Rhode Island combined ...

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Pawnee Grassland open for drilling?

STERLING, Colo. — Federal authorities have proposed making nearly all federally owned and unleased areas of the Pawnee National Grassland in eastern Colorado available for drilling. A draft report released Tuesday would allow underground drilling as long as there is no surface activity, meaning the mineral rights may be leased for horizontal drilling. The Sterling Journal-Advocate reports that the checkerboard ...

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Texas towns test oil and gas supremacy on fracking

RENO, Texas — A Texas hamlet shaken by its first recorded earthquake last year and hundreds since then is among communities now taking steps to challenge the oil and gas industry’s traditional supremacy over the right to frack. Reno Mayor Lyndamyrth Stokes said spooked residents started calling last November: “I heard a boom, then crack! The whole house shook. What ...

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Cost of drilling in College Station may soon be going up

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With increased drilling activity in the city, College Station City Council members began discussions Monday to change the ordinances related to oil and drilling, which have not been updated since 1991. If the suggestions are implemented, the cost of drilling in College Station would more than triple. Permit fees alone would jump from $2,000 to $6,000, an amount similar to ...

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Bill alters reporting of fracking chemicals in Ohio

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The way companies report the fracking chemicals they use in Ohio could change under a bill moving through the Statehouse. Environmental activists say the legislation would make it more difficult for firefighters and people who live near fracking sites to get information about what chemicals they could be exposed to during an emergency, such as an explosion or spill. But ...

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