With industry of Shale Gas Fracturing on the rise, HydroConfidence is doing it's part to become recognized as the safest, and most environmentally friendly shale gas company in the country. We strive in creating new and innovative ways to both create jabs and do as little damage to the environment as possible. Along with caring about what we do to our planet, we also deeply care about creating jobs which is good news for the unemployed as well as the vapidly-growing shale industry!
The southern part of the state is having a resurgence of oil drilling that it hasn't seen since the decades of the 1950s to the 1970s, said Scott Bellinger, editor of Michigan Oil and Gas News. The Albion-Scipio rock formation in Calhoun and Hillsdale counties produced more than 125 million barrels of oil during those two decades. Some wells also have been drilled in recent years, or are being scouted, in western Wayne and southern Washtenaw counties. In northern Michigan, a stampede for mineral leases began in 2010 after a company said it had hit a potentially lucrative new pocket of natural gas in deep layers of shale in Manistee County.
At HydroConfidence, our goal is to create new fracking sites to help provide both usable fuels as well as jobs for many hardworking citizens. Our goal is to create a safe and efficient form of natural gas to provide to the U.S. as well as other countries.
General Electric Co has sunk its teeth further into the energy infrastructure and services business by investing in Howard Energy Partners, a natural gas pipeline operator in the booming Eagle Ford shale fields of south Texas. GE Energy Financial Services will pay an undisclosed amount for 30.6 percent of Howard, GE said on Thursday. Other investors include Crosstex Energy LP, Quanta Services Inc and Clear Springs Energy Company LLC, and the deal is expected to close in April. Howard will use the money to help fund its purchase of the natural gas gathering assets of Meritage Midstream Services in south Texas, GE said.
In plenary sessions Mar. 7 at IHS CERA Week in Houston, speakers echoed the message that the shale gas revolution in the US is beneficial to the economy by bringing jobs and security of supply and low prices for heating and electric power generation. During the morning plenary, Anadarko Petroleum Corp. Chief Executive Officer James Hackett suggested that it will be difficult for producers to convince landowners to develop resources on their properties and then export that gas to other countries. Daniel Poneman, deputy secretary of energy with the US Department of Energy said that they will be discussing the pros and cons as well as evaluating a multitude of factors, including the effect of such exports on gross domestic product, gas prices in the US, availability of supply, employment, and others.
The sand industry was once a struggling market but is now making a big turnaround all thanks to fracking. Sand is in strong demand for many shale gas companies because it is now being used in hydraulic fracturing and is heating up the business by providing the grainy material to energy companies. Carmeuse Industrial Sands, which produces brown sand from a mine in Brady, Texas, supplies a critical ingredient for the process of extracting oil and gas deep underground. A mixture of sand, water and other chemicals is injected into horizontal wells to break up shale rock and free up pockets of oil and gas in what’s known as hydraulic fracturing, or fracking.“The market [for fracking sand] is in extremely short supply right now,” U.S. Silica Chief Executive Bryan Shinn said in an interview last month. “The U.S. shale revolution is here to stay. We’re in the early innings right now."
An industry-funded study of the economic impact of drilling for shale gas in Maryland's westernmost two counties found that production would create 1,814 permanent jobs by 2025 and contribute $441 million in tax revenues to the state and Garrett and Allegany counties. These counties are estimated to contain about 1% of the total recoverable gas in the Marcellus Shale. Drilling in Maryland is on hiatus while the state studies environmental impacts and creates a regulatory structure to govern hydraulic fracturing. However, there has been a hiatus on the fracking due to some discussion over environmental concerns, so studies are been analysed to show environmental impacts and creates a regulatory structure to govern hydraulic fracturing.