Also included is a statement from Haliburton along a similar vein ... US gas drilling is seen as a plus.
http://hosted.ap.org/dynamic/stories/U/US_EARNS_SCHLUMBERGER?SITE=N...
from Schlumberger ...
"In a statement, Schlumberger Chairman and CEO Andrew Gould said, the company continued to see a strong performance in North America because of active drilling for natural gas."
and from Haliburton ...
"Halliburton said Monday its first-quarter earnings, which slumped nearly 46 percent, were propped up by a resurgence in the U.S., where crews have been working around the clock to tap natural gas deposits in underground layers of shale."
Here's hoping they stay busy. 80)
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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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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