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Drilling

Biden administration restarts oil and gas leases on federal lands

by Andy Uhler
Apr 18, 2022
The move shows the president is trying to bring down prices, but he also appears to be going back on his word to curb oil and gas production.
It may take six months to a year before any oil is produced from new leases on federal lands. Above, pump jacks in California.
Robyn Beck/AFP via Getty Images
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In small-town Louisiana, the natural gas boom is paying a lot of bills

by Andy Uhler
Dec 3, 2021
High prices are driving even more drilling in areas where fracking took off in the 2000s.
Grand Cane, Louisiana, sits above the Haynesville Shale, a rock formation that contains natural gas. Above, a drilling rig operation is shown behind Louisiana swampland.
grandriver via Getty Images
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A Warmer World

Biden administration auctions oil and gas leases on 1.7 million acres of the Gulf of Mexico

by Samantha Fields
Nov 19, 2021
A court ordered the administration to resume the auctions it had suspended.
Drilling of the newly auctioned Gulf of Mexico gas and oil leases likely won't begin for seven to 10 years. Above, a drilling platform off the coast of Texas.
Tom Pennington via Getty Images
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Oil drilling bids for Alaskan wildlife refuge expected to be meager

by Scott Tong
Jan 1, 2021
Oil giants are expected to sit out the bidding, which would mean low lease prices and measly royalties for the government.
Native American leaders hold signs against drilling in the Arctic National Wildlife Refuge outside the U.S. Capitol in 2018.
Saul Loeb/AFP via Getty Images
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Marketplace Tech Blogs

What "Armageddon" got right about space drilling, and what it (mostly) didn't

by Molly Wood
Aug 16, 2018
Little about the 1998 blockbuster is true to life, but mining asteroids and comets is "humanity’s future, I’m pretty convinced of that," one expert says.
From left, Steve Buscemi, Will Patton, Bruce Willis, Michael Duncan, Ben Affleck, and Owen Wilson are on a mission to save Earth from an asteroid in “Armageddon.”
Getty Images/Handout
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Marketplace Tech Blogs

Oil patch roughnecks may also need to be data analysts

by Molly Wood
May 16, 2018
Drilling oil wells today still involves dirt and sweat, installing rigs in muddy fields. But there are also more jobs at desks, checking systems remotely by computer.
Drilling oil wells these days still involves dirt and sweat — installing rigs in muddy fields. But there are also more jobs at desks, checking systems remotely by computer.
Filipa Rodrigues/Marketplace
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Could drilling rigs pop up in Bears Ears National Monument in Utah?

by Leigh Paterson
Dec 4, 2017
With the Trump administration poised to shrink Bears Ears National Monument in Utah, oil and gas companies are eyeing the fringes.
The Bears Ears are two buttes in southeastern Utah considered sacred by Native American tribes. 
Courtesy of Brian Malone/Fast Forward Films
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The link between fracking and health issues

by Marketplace Contributor
Nov 15, 2017
Cause and effect can be difficult to prove, but here are a series of studies showing the potential connection between fracking and health risks.
A Cabot Oil & Gas natural gas drill stands at a hydraulic fracturing site in South Montrose, Pennsylvania. The process is controversial with critics who say it could poison water supplies, while the natural-gas industry says it's been used safely for decades.
Spencer Platt/Getty Images
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Energy independence – reality or myth?

by Scott Tong
Dec 21, 2016
Is it even achievable?
Shutting down California's offshore oil rigs would be costly.
STF/AFP/Getty Images
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Fracking draft from EPA criticized by scientists

by Scott Tong
Aug 12, 2016
The study concluded hydraulic fracturing isn't a danger to drinking water. Scientists say that's unproven.
The sun rises over an oil field used for hydraulic fracturing in California. 
David McNew/Getty Images
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