Latest Hydraulic fracturing Stories

THE WOODLANDS, Texas, Dec. 31, 2012 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced that it has completed the previously announced acquisition of substantially all assets and operations of Alliance Drilling Fluids, LLC ("Alliance"), a provider of drilling fluids, proppants, and related services headquartered in Midland, Texas. Total cash consideration at closing was approximately $53 million, which was funded through borrowings on Newpark's revolving credit...

THE WOODLANDS, Texas, Dec. 29, 2012 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced that it has entered into a definitive agreement to acquire substantially all assets and operations of Alliance Drilling Fluids, LLC ("Alliance"), a provider of drilling fluids, proppants, and related services headquartered in Midland, Texas. Under the terms of the agreement, cash consideration at closing is expected to be approximately $53 million, subject to typical adjustments...

YOUNGSTOWN, Ohio, Dec. 26, 2012 /PRNewswire-USNewswire/ -- In the "Promised Land" movie trailer, Matt Damon's character, landman Steve Butler, tells his gas industry employer news that could adversely affect the company's prospects for getting gas drilling leases signed in a small rural community: "The town is going to put it to a vote in three weeks." Nationwide, similar scenarios are playing out in real life where towns and cities assert their right to local control in...

Brine water that flows back from gas wells in the Marcellus Shale region after hydraulic fracturing is many times more salty than seawater, with high contents of various elements, including radium and barium. The chemistry is consistent with brines formed during the Paleozoic era, a study by an undergraduate student and two professors in Penn State's Department of Geosciences found. The study indicates that the brine flowback elements found in high levels in the late stages of hydraulic...

HOLLYWOOD, Calif., Dec. 17, 2012 /PRNewswire/ -- FrackNation, the controversial film that will tell the truth about fracking, has secured a television deal and will premiere January 22, 2013 on AXS TV. "We're excited to get the truth to the public," said Phelim McAleer, co-director and owner of Hard Boiled Films. "And we're doubly excited to be working with AXS TV. FrackNation will broadcast to homes across America. That's exactly what the fracking debate needs." Hollywood...

First, Do No Harm: Get the Health Facts Now Is the Message From Petitioners to Obama WASHINGTON, Dec. 13, 2012 /PRNewswire-USNewswire/ -- Moving ahead rapidly with plans to approve several new liquefied natural gas (LNG) terminals would require "a rapid increase in fracking in the United States without credible science" and "could potentially cause undue harm to many Americans," according to 107 experts who signed on to a petition sent today to the White House. Facilitated by...

SPRINGFIELD, Ill., Dec. 13, 2012 /PRNewswire/ -- New natural gas production from Southern Illinois shale has the potential to create more than 45,000 jobs in Illinois and $9 billion in economic investment, according to a study released today by the Illinois Chamber Foundation. The study is the first of its kind to focus solely on Illinois' potential when it comes to increased hydraulic fracturing and horizontal drilling - techniques that have been used in other states to create...

SR2020, Inc, produces state-of-the-art technology that offers appreciably enhanced decision making turnaround time to meet industry demand for improved microseismic imaging and monitoring capability. (PRWEB) December 10, 2012 SR2020, Inc., established in 1998 and headquartered in Brea, California, is an independent services and technology company dedicated to answering difficult reservoir management questions through the application of advanced borehole seismic methods. They have offices...

DENVER, Dec. 10, 2012 /PRNewswire/ -- Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) announced today the closing of its private placement of an additional $150 million in principal amount of its 8.50% senior notes due 2020 ("Senior Notes"). The Senior Notes were issued at 101.25% of par, resulting in a yield to maturity of 8.268% (and a yield to worst of 8.205%). The Senior Notes are general unsecured senior obligations of the Company and guaranteed on a...

IRVING, Texas, Dec. 6, 2012 /PRNewswire/ -- Breitling Oil and Gas Corporation, an independent exploration and production company based in Irving, Texas, will lead present at the 2nd Annual Proppants Summit in Houston, Texas. The conference will take place December 4-6 at The Houston Marriott West Loop hotel. The workshop, entitled "Advanced Well Design, The Shift to Liquids, and What's next for the Oil and Gas Industry," will be delivered by Breitling's chief executive officer, Chris...