Post Tagged with: "shale wells"

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

From Bloomberg


Hildebrand gained fortune buying old, conventional oil assets, bet may be timely as investors begin to sour on shale

Texas oilman Jeffery Hildebrand became a billionaire by shunning the shale revolution taking place in his home state. Now, …

Nodding Donkeys Fail as Long Shale Wells Make Pumping Oil Harder

Nodding Donkeys Fail as Long Shale Wells Make Pumping Oil Harder

From Bloomberg

Imagine trying to slurp a thick chocolate shake through a J-shaped straw four miles long. That’s the kind of cheek-puckering test the American shale industry must overcome to prolong a record boom in oil output.

For almost a …

December 11, 2017 - 7:53 am Closing Bell Story‎, Energy News