The Boom (51 page)

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Authors: Russell Gold

BOOK: The Boom
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in North Dakota,
33
,
38
,
43
–46,
49
,
57
oil and,
33
,
38
–40,
43
–44,
46
–47,
49
,
54
–58,
62
,
303
Banks, Gene “Tinkerbell,”
165
–66
Baran, Carrie,
105
,
110
Barnett Shale,
17
,
295
–96
air pollution and,
309
Argonaut Energy and,
102
comparisons between Texas sandstone and,
128
Devon and,
143
–50,
152
–53,
155
extent of,
8
,
15
–16,
154
fracking and,
103
–4,
113
,
117
–25,
143
–49,
153
–54,
227
,
303
gas and,
3
,
8
,
15
,
102
–4,
109
,
117
,
120
–22,
124
–25,
131
–32,
144
–45,
148
–55,
303
horizontal drilling in,
144
–47,
149
–50,
153
–54
McClendon and,
153
,
188
,
191
–92,
195
mineral rights leasing in,
150
–55,
191
–93,
295
Mitchell and,
8
,
15
,
88
,
92
–93,
102
–4,
109
,
112
–13,
124
,
134
–36,
143
,
150
–51
Steinsberger and,
117
–20,
124
,
132
Barrow, Clyde,
120
,
123
Bartholomew, Kate,
259
Bartonville, Tex.,
299
–300
batteries,
59
,
301
–2,
306
Bazhenov Shale,
16
–17
Belco Oil & Gas,
173
biofuels,
34
,
50
,
58
,
113
,
263
,
301
Boling, Mark,
27
Boom Town,
20
Boonsville Bend conglomerate gas field,
93
,
101
–2,
150
BP,
2
–3,
72
,
134
,
199
–200
Deepwater Horizon and,
260
–61,
273
–76,
290
Bradford County, Pa.,
221
–22,
230
,
273
Brigham, Bud,
54
–60
and fracking of Olson,
54
–57
oil field technology and,
59
–60
Brigham Exploration,
59
finances of,
54
–57
fracking technology and,
56
–57
Olson well of,
54
–56
Brune, Michael:
gas and,
263
–64,
266
McClendon and,
252
–53
Bunstine, H. L.,
21
Burkburnett, Tex.,
20
–23
as boom town,
20
–21,
25
comparisons between modern shale communities and,
25
–27
oil and,
20
–23,
27
,
30
,
34
,
300
Burke, Bob,
139
Bush, George W.,
110
,
274
Byington, Josh,
37
–38,
54
background of,
46
–47
and fracking of Irene Kovaloff,
40
–45,
61
California,
55
,
68
,
178
,
252
and coal vs. gas,
244
energy crisis of,
180
,
182
–85
energy trading and,
181
–82
gas prices in,
180
,
182
,
185
–86
and mixing of oil and water,
98
–99
Monterey Shale and,
16
Calpine,
178
–79,
183
Cambe Blueprint library,
86
–88,
91
Canaan Energy,
152
–54
Canada,
4
,
6
,
55
,
145
,
255
–56
oil production of,
50
–51,
254
Catron, Robert,
123
Celestia, Pa.,
211
–14
cement,
103
,
235
Cooke and,
271
–80,
284
,
286
,
292
Deepwater Horizon and,
274
–75
evaluating integrity of,
274
–86,
288
–90,
292
–93
Farris’s research and,
71
–72,
75
and mixing of gas and water,
101
,
106
,
109
,
111
,
230
–31
and mixing of oil and water,
98
–100
well construction integrity and,
32
,
71
,
271
–90,
292
–93
cement bond logs (CBLs),
275
,
278
,
292
Centaurus Advisors,
199
–201
Cheney, Dick,
83
,
274
Chernobyl meltdown,
302
Chesapeake Energy,
130
,
152
–63,
185
–88,
242
–43,
250
,
257
,
304
acquisitions of,
152
–54,
195
,
228
asset sales of,
205
–7
Austin Chalk and,
176
–77,
179
Barnett Shale and,
152
–55,
191
–93
board of directors of,
160
–62,
174
–75,
177
,
203
–4,
207
–8
comparisons between Devon and,
155
–57,
188
corporate culture of,
159
,
178
,
208
East Virgil prospect and,
171
–72
EIG’s joint venture with,
207
–8
energy trading and,
197
–200,
245
Fayetteville Shale and,
155
,
192
finances of,
1
–2,
152
,
155
,
157
,
160
–63,
166
,
173
–77,
179
,
185
–86,
188
,
190
,
192
–98,
200
–201,
203
–7,
218
–20,
228
,
237
,
245
,
251
fines of,
230
,
273
four main inputs of,
190
,
192
gas and,
1
–2,
9
,
15
,
27
,
152
,
154
–55,
173
,
177
,
185
–87,
193
–94,
197
,
199
,
205
,
241
,
248
,
252
Gold’s parents’ land and,
1
–2,
4
,
10
–11,
14
,
32
,
293
horizontal wells of,
206
,
228
initial public offering of,
173
,
175
lawsuits of,
219
–21,
230
,
273
McClendon’s departure from,
192
,
208
McClendon’s hedge fund and,
198
–99
McClendon’s management style and,
158
–61,
175
–76,
178
–79,
188
,
190
–95,
197
–98,
203
–4,
206
,
208
,
245
,
251
,
255
,
303
McClendon’s perks and,
174
,
202
–3,
207
–8
Marcellus Shale and,
2
,
192
,
195
,
218
,
221
,
228
,
231
mineral rights leases and,
1
,
4
,
10
–11,
14
,
26
–27,
152
,
154
–55,
191
–94,
197
–98,
201
–2,
206
,
210
,
217
–19,
221
,
228
,
237
,
245
name of,
1
,
188
origins of,
169
–70,
172
–75
proposed sale of,
162
–63,
177
Sullivan County and,
14
,
210
,
217
–21,
232
–33,
237
Utica Shale and,
192
,
206
–7,
221
Ward’s management style and,
175
–76
water contamination and,
32
,
230
,
232
–33
Chevron,
2
–3,
73
,
134
Chicago, Ill.,
75
,
93
,
102
,
138
,
142
,
167
,
309

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