The energy companies are increasingly focusing on horizontal and oil-directed drilling, which will in turn help lift the realized prices of tubular steel.
FORBES: U.S. Steel Gets To $47 On Firm Outlook
The proceeds from the sales are specifically to be directed towards executing its drilling programs and major high-margin growth projects.
FORBES: Move up http://i.forbesimg.com t Move down
Fracking involves drilling a borehole before a high-pressure water mixture is directed at the rock to release the gas.
BBC: Keynsham fracking plans put on hold by UK Methane
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