The Boom (52 page)

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Authors: Russell Gold

BOOK: The Boom
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Chief Oil & Gas,
150
–51
China,
15
,
163
,
196
,
206
,
265
–66,
304
Chrysler,
75
,
139
Chu, Stephen,
58
–59
Citigroup,
266
Civil War,
64
–66,
212
Clark, Dave,
285
Clark, Tom,
140
CleanStim,
52
Clearfield County, Pa.,
228
–29,
260
climate change,
5
,
14
,
36
,
210
,
248
,
261
Chu on,
58
–59
coal and,
34
,
241
–42,
263
gas and,
32
,
34
,
241
,
245
,
249
–50,
264
–66,
308
–9
McClendon and,
245
,
267
Pope and,
240
–42,
250
–51,
254
coal,
5
–6,
24
,
35
,
83
–84,
142
,
193
,
235
climate change and,
34
,
241
–42,
263
gas vs.,
5
,
32
,
131
,
225
,
241
–42,
244
–51,
254
,
258
–67,
306
,
308
–9
in Germany,
302
Hubbert on,
79
opposition to use of,
97
,
131
,
241
–51,
253
–54,
257
–61,
263
–65
prices of,
247
,
266
regulation of,
243
,
245
–48
Sullivan County and,
213
–14
Cohen, Edward,
189
coiled tubing units,
227
Colorado,
38
,
52
,
81
–82,
113
,
205
Commodity Futures Trading Commission,
199
Congress, U.S.,
32
–33,
52
,
139
,
164
,
244
gas and,
83
,
199
,
225
,
253
,
304
Continental Illinois National Bank,
167
Continental Resources,
171
Cooke, Claude E., Jr.,
270
–86
background of,
271
,
277
–82,
288
Gearhart and,
281
–85,
291
–92
legal career of,
280
,
282
physical appearance of,
270
–71,
282
RDT of,
274
–76,
278
–81,
283
–86,
288
,
292
–93,
307
well construction integrity and,
270
–81,
284
–85,
291
–93,
307
Coolidge, Erick,
214
Cornell University,
235
,
258
,
309
C. W. Slay #1 well,
8
,
24
Dallas, Tex.,
21
,
31
,
92
,
116
,
135
,
157
,
294
,
298
,
310
Barnett Shale and,
8
,
148
,
150
,
155
natural gas and,
93
,
187
and opposition to coal,
243
,
246
Trinity Aquifer and,
108
Dalrymple, Jack,
44
Davidson, Kenny,
172
Davidson, Richard,
160
–61
Deepwater Horizon:
explosion of,
260
–61,
273
–76,
286
,
290
well construction integrity of,
274
–75,
290
Devon Energy:
acquisitions of,
137
,
142
–45,
155
,
157
,
162
Barnett Shale and,
143
–50,
152
–53,
155
comparisons between Chesapeake and,
155
–57,
188
competition of,
142
–43,
152
,
188
finances of,
137
–38,
141
–42,
148
,
152
fracking and,
143
–44,
149
,
155
,
190
gas and,
137
,
141
–42,
144
–45,
148
,
150
,
152
,
190
horizontal drilling of,
137
,
144
,
146
–47,
149
–50,
153
,
190
–91
imitators of,
150
,
153
mineral rights leasing and,
137
,
142
,
150
,
152
origins of,
141
and research and development,
143
–45,
147
–48,
155
and sale of Mitchell Energy,
134
–37
Devonian Shale,
146
Dickinson, N.Dak.,
38
–39,
44
–45
D. J. Hughes #1 well,
91
–92
Doochin, Jeremy,
253
Dow Chemical,
70
Downs, Roger:
gas and,
255
,
257
,
259
,
261
–62
New York and,
255
–59,
261
–63
Pope and,
257
,
259
Ross #1 and,
255
–58,
262
Drake, Edwin L.,
63
–65,
67
drilling funds,
138
–42
Duke University:
basketball team of,
165
–66
McClendon’s enrollment at,
8
–9,
156
,
164
–68,
195
,
207
Dunham, Archie,
208
Dushore, Pa.,
226
Eads, Ralph, III,
250
California energy crisis and,
180
,
182
–84
Chesapeake-EIG joint venture and,
207
Chesapeake’s finances and,
163
,
166
,
185
,
188
,
195
–96,
205
,
207
Duke basketball and,
165
–66
energy trading of,
180
–85
investment banking career of,
163
,
166
,
180
,
185
,
188
,
195
–96
McClendon’s relationship with,
163
,
165
–66,
177
–78,
180
,
185
,
188
,
195
–96,
204
–5
Eagle Ford Shale,
57
,
192
Eagles Mere, Pa.,
215
earthquakes, man-made,
31
East Virgil prospect,
170
–73
economics, economy,
5
–6,
38
,
73
,
96
,
172
,
301
–7
Barnett Shale and,
104
,
124
crises in,
52
,
54
,
79
,
138
,
192
,
197
,
200
,
203
,
303
–5
Fast on,
79
fracking and,
8
,
24
–25,
35
–36,
43
,
77
,
81
–82,
85
,
103
–4,
113
,
124
,
126
–27,
135
,
240
,
261
,
272
gas and,
8
–9,
35
,
74
,
102
–3,
129
–31,
138
–39,
141
–42,
145
,
156
,
178
–80,
182
–89,
191
,
194
,
197
,
203
–4,
206
, 209,
225
,
240
,
242
,
249
,
251
,
262
,
264
,
266
,
268
,
285
,
298
,
302
,
304
–5
Meadowses on,
94
–95
in Mehoopany,
26
oil and,
8
–9,
50
,
56
–57,
74
,
125
,
129
,
133
–34,
138
,
141
,
167
,
179
,
282
,
285
recessions and,
9
,
50
,
54
,
167
of Sullivan County,
225
–26,
235
,
237
U.S. energy policy and,
162
,
303
–4
see also
taxes
EIG Global Energy Partners,
207
–8
electricity,
14
California energy crisis and,
180
,
182
–83
coal and,
5
–6,
32
,
35
,
241

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