As record U.S. energy production continues to make headlines across the globe, a new report from IHS CERA finds the economic impact of shale development alone is reaching far beyond the well pad – again highlighting why the intangible drilling cost (IDC) deduction is pivotal to the American economy. According to the report, development of […]
The shale revolution has been, and continues to be, led by America’s independent producers. And now, even the OPEC cartel is being forced to pay attention. Since George Mitchell combined hydraulic fracturing and horizontal drilling in the Barnett Shale of Texas, the production from shale basins all across America has skyrocketed. As the Houston Chronicle […]
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