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Low-cost Fracking Offers Boon To Oil Producers, Headaches For Suppliers

2019-09-12 23:00:00| OGI

The technology, called electric fracking and powered by natural gas from EOGs own wells instead of costly diesel fuel, shows how shale producers keep finding new ways to cut costs in the face of pressures to improve their returns.

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Rice Brothers Boost Investment In Fracking Software Company

2019-09-12 22:20:01| OGI

Rice Investment Group, formed by Daniel, Toby and Derek Rice, made its initial investment in the fracking software company Cold Bore in October 2018.

Tags: software company investment brothers

 
 

Colombia Court Maintains Moratorium On Fracking

2019-09-11 17:31:39| OGI

The decision by three magistrates from the Council of State, which is tasked with ruling on administrative matters, comes amid a larger case about the use of hydraulic fracturing, which breaks up rock formations with pressurized liquid.

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Lancashire fracking: 2.9 magnitude tremor recorded

2019-08-26 15:03:23| BBC News | Business | UK Edition

The regulator suspends operations while recent seismic activity in Lancashire is investigated.

Tags: recorded lancashire fracking magnitude

 

Britains Cuadrilla Pauses Gas Fracking After Earth Tremor

2019-08-22 17:30:27| OGI

Cuadrilla, which restarted fracking at the site last week, repeatedly had to stop operations last year under Britains traffic light regulation system, which immediately suspends work if seismic activity of magnitude 0.5 or above is detected.

Tags: gas earth pauses britains

 

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