Latest Hydraulic fracturing Stories
Production increased 36% from first quarter 2012 to 40.5 MMcfe per day HOUSTON, May 2, 2013 /PRNewswire/ -- Gastar Exploration Ltd. (NYSE MKT: GST) today reported financial and operating results for the three months ended March 31, 2013. Net loss attributable to Gastar's common shareholders for the first quarter of 2013 was $4.6 million, or $0.07 per share. Excluding the impact of an unrealized hedging loss of $9.6 million and a litigation settlement expense of $1.0 million,...
HOUSTON, May 1, 2013 /PRNewswire/ -- C&J Energy Services, Inc. (NYSE: CJES) today reported net income of $25.1 million, or $0.46 per diluted share, for the first quarter of 2013. Net income was $30.4 million, or $0.56 per diluted share, in the fourth quarter of 2012 and $49.4 million, or $0.92 per diluted share, in the first quarter of 2012. Total revenue for the first quarter of 2013 was $276.1 million, a decrease of 4% compared to $286.3 million for the fourth quarter of...
Pennsylvania residents living near unconventional natural gas developments using hydraulic fracturing, known by the slang term “fracking,” attribute several dozen health concerns and stressors to the Marcellus Shale developments in their area, according to a long-term analysis by University of Pittsburgh Graduate School of Public Health researchers. Reported health impacts persist and increase over time, even after the initial drilling activity subsides, they noted. The study, which...
Residents living in areas near natural gas operations, also known as hydraulic fracturing, or fracking, are concerned their illnesses may be a result of nearby drilling operations. Twenty-two percent of the participants in a small pilot study surmise that hydrofracking may be the cause of such health concerns as sinus problems, sleeping difficulties, and gastrointestinal problems. The findings will be presented at the American Occupational Health Conference on April 28 in Orlando, Florida....
SCOTTSDALE, Ariz., April 25, 2013 /PRNewswire/ -- Abtech Holdings, Inc. (OTC QB: ABHD) ("AbTech" or the "Company"), a full-service environmental technologies and engineering firm dedicated to providing innovative solutions to communities, industry and governments addressing issues of water pollution and contamination, today announced teaming agreements with four water service companies to facilitate the expansion of its oil & gas water management offering. The Company also has...
Conference Call Scheduled for Today, 10:30 a.m. Central Time HOUSTON, April 25, 2013 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) today reported net income of $17.6 million, or $0.76 per share, on revenues of $147.7 million for the quarter ended March 31, 2013. (Logo: http://photos.prnewswire.com/prnh/20120503/MM00528LOGO) President and CEO Gary Kolstad commented, "The industry environment remained challenging in the first quarter. On the positive side, we continue to...
Increasing Fuel Savings for Growing Clean Energy Demand in the Oilfield Market HOUSTON, April 24, 2013 /PRNewswire/ -- Prometheus Energy Group Inc. ("Prometheus Energy"), a leading supplier of liquefied natural gas (LNG) and related services to oilfield, power, mining and process industry customers, announced the successful deployment of the first 100% LNG powered turbines for hydraulic fracturing, supporting operations for Green Field Energy Services, Inc. (CUSIP Nos.: 39304K AA4;...
SALT LAKE CITY, April 23, 2013 /PRNewswire/ -- FX Energy, Inc. (NASDAQ: FXEN) today reported on testing two of its wells in Poland. Tuchola-3K Testing Upper DevonianThe Tuchola 3-K well encountered good hydrocarbon shows in two zones in a 215 meter gross section of reefoidal Upper Devonian. Logs and sidewall cores confirm good porosity and permeability in two separate zones. Operations are now underway to test both intervals through open-hole drill stem tests. If these tests...
Three Jailed After Peaceful Blockade of Inergy's Salt Cavern Gas Storage Facility and Compressor Station. Oppose Fracking Infrastructure Build-Out. NEW YORK, April 22, 2013 /PRNewswire-USNewswire/ -- Businesswoman Melissa Chipman, farm owner Michael Dineen, and Author, Biologist, and Heinz Award Recipient Sandra Steingraber, PhD, refused to pay their fines and were sentenced to fifteen days in jail by Reading Court Justice, Raymond H. Berry. Steingraber is a Distinguished Scholar in...
LAFAYETTE, La., April 17, 2013 /PRNewswire/ -- Green Field Energy Services, Inc. (CUSIP Nos.: 39304K AA4; U39065 AA2; and 39304K AB2) today announced that it has successfully completed more than 60 fracturing stages using pumps that were powered exclusively by liquefied natural gas (LNG). The hydraulic fracturing was conducted on a series of wells located in the Eagle Ford Shale play in South Texas, and is the first time in history that 100% liquefied natural gas was utilized as the...
