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Merit Energy

A generation rig owned by SWN Drilling Services is put to work in a patch of the Fayetteville Shale field, in northern Faulkner County southwest of Damascus in 2014.
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Drilling Industry Waits for Bust to ClearLock Icon

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 >