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Tag Archives: Goodrich Petroleum

Shale oil: market correction or longterm direction?

By Jack Weatherly The golden age of hydraulic fracturing began about 10 years ago “as oil and gas producers began to explore the nation’s massive shale formations in earnest,” according to an essay on the American Society of Mechanical Engineers website. Expansion of the technique in subterranean shale formations has pushed the United States toward oil and natural gas self-sufficiency in ...

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Fervor grows for Tuscaloosa Marine Shale

Mississippi’s leaders expect a parade of oil drillers to converge on the southwest corner of the state and are happy to cover the cost of striking up the marching music. When a potential to fill seven billion barrels awaits, let’s get cracking, they say. So far, state officials are getting the answer they wanted when they extended a lucrative tax ...

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