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Dry Fracking: Saving Water or Safety Risk?

Energy companies, scientists, and environmentalists have been in disagreement about the virtue of fracking – some say it’s a more environmentally friendly method of extracting gas from the land, but others say it causes worse environmental damage than traditional oil drilling. Dry Fracking   Induced hydraulic fracturing or hydrofracturing, commonly known as fracking, is a […]

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Texas Shale Oil and Gas Abundance

Home to more than 260 of those active drilling rigs, the Eagle Ford continues to amaze analysts with the rapid nature of its growth. March 2013 daily oil production from the play grew to more than 529,000 barrels, a 77% increase from just one year earlier. Scott Hanold, an analyst for RBC Capital Markets, told […]

Former Mitchell Energy & Development Corporation chairman George P. Mitchell  Wednesday, March 9, 2011, in Houston. (AP Photo/Pat Sullivan)

Texas Oilman and Father of Fracking Dies At 94

HOUSTON — George P. Mitchell leveraged a penchant for hard work, an appetite for risk and dogged persistence in the face of futility into a technological breakthrough that reshaped the global energy industry and made the wildcat oilman a billionaire. Fracking Inventor Mitchell, the developer and philanthropist who also is considered the father of fracking, […]