- Tight Gas & Oil
- Gas Hydrates
Nonop interest in 1,700 producing Fayetteville and Moorefield shale wells, once owned by McClendon while he was Chesapeake’s CEO, are for sale.
The JV, called OneStim, will rival Halliburton’s frack fleet in the U.S. and Canada and further shrinks the pressure pumping marketplace to the detriment of smaller companies, an analyst said.
Repeal of the U.S. Bureau of Land Management’s waste prevention rule passed the House, but awaits action from the Senate.