The IRE Resource Center is a major research library containing more than 23,250 investigative stories — both print and broadcast. These stories are searchable online or by contacting the Resource Center directly (573-882-3364 or rescntr@ire.org) where a researcher can help you pinpoint what you need. Browse or search the tipsheet section of our library below. Stories are not available for download but can be easily ordered by contacting the Resource Center:
Search results for "oil drilling" ...
-
Platts: US Companies Guard Drilling Secrets
Chinese oil and natural gas companies are pouring billions of dollars into US shale-drilling projects in an effort to acquire American trade secrets about hydraulic fracturing and other cutting-edge drilling practices. Chinese companies want to obtain this specialized knowledge from US oil and gas firms so China can better develop its own shale plays. But the Chinese companies are largely failing in their quest because their US partners have structured their business dealings so that China cannot appropriate America's most important drilling-related secrets.
Tags: Oil; natural gas; China; U.S.; drilling
-
Platts: Russian Gas Giant Mines U.S. Energy Data
Russia’s state-owned natural gas company says the U.S. shale-gas boom is economically unsustainable — and it’s buttressing its claim with financial data collected by an American consulting firm located less than 20 miles from the White House. Moscow-based Gazprom, the world’s largest gas company, is working with Pace Global Energy Services, a consulting firm in Fairfax, Virginia, to analyze how much money U.S. gas companies are spending on hydraulic fracturing and horizontal drilling. Gazprom, citing the Virginia company’s data, says the true costs of U.S. shale-gas production are upwards of 150% higher than the revenues its practitioners have been reaping in the last few years. Gazprom says this will ultimately lead to the demise of fracking-based shale-gas drilling in the US and other countries that are considering adopting it. But Gazprom’s critics say the company and its unlikely Washington-area ally are spreading “myths and misconceptions” about the U.S.-led shale-gas gas boom so that European and Asian countries will not develop their own shale plays, and will instead continue to buy conventional Russian gas.
Tags: Oil; gas; natural resources; fraud; oil wells
-
Platts: Oil and Gas Drillers Want ‘Confidential’ Wells
It’s no secret that oil and natural gas production is booming in North Dakota. But there are indeed countless secrets — technical, strategic and otherwise — associated with many of the wells that are being drilled in the Roughrider State. North Dakota maintains something called a “Confidential Well List.” Under state law, certain information about the 1,800-plus wells on this list -- such as production levels, geographical data and engineering specifications – is kept from the public for six months. North Dakota regulators argue that there are legitimate reasons for keeping this data from the public, such as encouraging so-called “wildcat” drilling operations in remote or undeveloped areas where little or nothing is known about the subsurface geology. But other oil and gas-producing states are sharply curtaining their use of such policies, saying they are outdated and conflict with the principles of open government. Wyoming, for example, recently revised its policy on the grounds that granting confidential status without good reason was inhibiting “the timely dissemination of well information to the public.”
Tags: Oil; gas; natural resources; fraud; oil wells
-
Platts: The Ugly Side of the U.S. Oil and Gas Boom
There is a nasty and ugly side to the oil and natural gas boom that the U.S. has enjoyed in recent years — a side that involves allegations of fraud, breach of contract and taking advantage of poor or unsophisticated landowners, among other things. This story is significant because these incidents are seldom reported, as the landowners, energy companies and other stakeholders have little to gain and a lot to lose by talking to journalists. But I managed to pull back the curtain on these little-known conflicts by piecing together court files and by interviewing key players, including a woman who could have been sued for “commercial defamation” for talking to me. Through these hard-to-get interviews and court documents, my story paints a colorful and sometimes disturbing portrait of the growing number of conflicts between landowners and the oil and natural gas companies that drill on their lands.
Tags: Oil; gas; natural resources; fraud; drill
-
A Hole at the Bottom of the Sea
The book tells how the government and BP responded to an emergency unlike anything encountered before in the history of petroleum engineering: a blowout in imle-deep water. The book chronicles the 87-day effort to cap the Macondo well after the explosion on the drilling rig Deepwater Horizon.
Tags: Deepwater Horizon; BP; oil rig; drilling; Macondo well
-
Drilling Down
After covering the BP spill in the Gulf of Mexico, Ian Urbina and his editors were struck by a simple question: The Gulf spill highlighted the weaknesses in oversight of offshore drilling, are there any weaknesses worth investigating in the regulation of onshore drilling?
Tags: BP Oil Spill; Gulf Oil Spill; onshore drilling; offshore drilling
-
Ground Rules: Managing America's Oil and Gas Boom
Greenwire tracked down oil and gas drilling enforcement data for 12 of the biggest drilling states in the country.
-
The Blowout
Three-and-a-half weeks after the Deepwater Horizon blowout, 60 Minutes gave an accurate depiction of what happened. Michael Williams, the rig's chief electronics technician, described key events he had witnessed in the weeks leading up to the disaster.
Tags: Deepwater Horizon; blowout; oil rig; accident reports; oil drilling; environmental disaster
-
The David Rose Oil and Gas Fraud Investigation
For years, David Rose ran a complex boiler room scam operation that collected millions of dollars from victim investors under the veneer of a fossil fuel extraction enterprise. No such drilling operations were underway, and the scam defrauded millions from victims only to fund Rose's personal ventures such as "Future Happiness, LLC," Rose's private collection of luxury vehicles. Perhaps the most shocking of all is the short 52 month sentence Rose will receive. WHAS-TV outlines the governments failure to adequately find and prosecute investor fraud schemes, especially while his sons appear to be reengaging parts of the business while sending their father $500,000 a year in "consulting fees." Official have yet to act on this news, but WHAS-TV hopes to educate future investors on criminal companies.
Tags: investors; fraud; David Rose; boiler room scam; scheme; oil; natural gas; drilling; investigation;
-
Royalty-In-Kind Invesgation
The Project on Government Oversight (POGO) has been investigating federal royalty collections since 1995. Oil and gas royalty collections make up the second largest source or government revenue, but throughout POGO's investigations, there have been many concerns as to whether the federal government is collecting all of the money that oil and gas companies owe to taxpayers for drilling on federal lands. Based upon talking to insiders with the Department of the Interior (DOI), POGO conducted the first study to link the management problems that plague the agency with the structural design of the Royalty-in-Kind (RIK) program, as advocated by the oil and gas industry. This series of stories investigated royalty collection at DOI, with a sharp focus on the Minerals Management Service (MMS) and their management of Royalty-In-Kind program. The series found that not only did MMS have an overly close relationship with the industry that they were supposed to be overseeing, but that industry influence had been pervasive and could be traced from the program's inception through its expansion into the full-blown program that exists today. Additionally, the series of stories found that there are extensive inappropriate auditing of royalty payments between MMS employees and the oil and gas industry, insufficient auditing of royalty payments, serious mismanagement of the RIK program, and a debilitating lack of transparency in the program. These findings call the legitimacy of the RIK program into question, and particularly raise questions as to whether this program can effectively pursue royalty collection on behalf of taxpayers.
Tags: Department of the Interior; Minerals Management Service; corruption; royalty-in-kind program; government oversight; federal royalty payments