BHP Billiton Limited
Drilling Industry Waits for Bust to Clear
Three years after natural gas prices plunged to their lowest point since 1998 — one-sixth the price seen in 2005 — the gas market remains depressed, drilling is dormant, and oil production is flat in the traditional crude belt of south Arkansas. read more >
by Kyle Massey -
Disasters, Low Oil Prices, Shale Cause $6.4B Loss at BHP Billiton
Battered by a devastating dam disaster in Brazil, low commodity prices and losses in shale holdings – including operations in Arkansas – mining giant BHP Billiton posted a record $6.4 billion annual loss on Tuesday. read more >
by Lance Turner -
Advocates for Environment Not Sorry to See Fracking Stop in Arkansas
The 10-year boom in Arkansas natural gas production poured billions of dollars into the state, but some Arkansans are not sad to see it end. read more >
by Kyle Massey -
Natural Gas in Fayetteville Shale Takes Arkansas from Zero to Billions in 10 Years
In the past decade, the players in the Fayetteville Shale have shuffled and consolidated, drilling has peaked and retreated, employment has expanded and contracted, technology has advanced, environmental and infrastructure concerns have reared their heads and government has responded. read more >
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Quake Lawsuits Shake Up Shale Play Companies
A lawsuit, filed in federal court in the Eastern District of Arkansas, involves two Greenbrier families who claim their homes suffered damages from a 4.7 earthquake caused by drilling in the Fayetteville Shale Play. read more >
Improving Valuations Have BHP Billiton Going After More Shale Acreage
BHP Billiton of Australia, which owns land in the Fayetteville Shale Play in central Arkansas, is going after more shale acreage in the United States and says rising natural gas prices are making its Arkansas assets look even better. read more >
by Lance Turner -