EarthSphere
Published in

EarthSphere

Shale oil companies: Victims of their own success

A self-inflicted wound

Williston North Dakota Oil Field (Modified) — By Lindsey G — Oil Rig, CC BY 2.0

Chesapeake Energy Company was one of the leaders in a shale oil business that boomed over the past several decades. New fracking technology and lucrative oil prices powered the rise of “unconventional resource plays,” exploiting the vast U.S. reservoirs of hydrocarbons locked into shale formations. Shale oil companies were so successful at…

--

--

EarthSphere: The intersection of the atmosphere, hydrosphere, geosphere, and biosphere — The place where we live.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store