The number of active rigs in the US jumped by eight this week after falling by two last week, according to data from Houston-based services provider Baker Hughes.
The majority of gains were made by drillers targeting natural gas, who added six rigs overall for a total of 192 units. That is 196 more than in the same week a year ago.
Oil drillers also added two rigs for a total of 766, 392 more than a year ago.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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