Meter Reading: Drillers’ Greatest Danger is Behind the Wheel, Flaring on the Rise, and More

Dave Fehling/StateImpact Texas

Petrochemical plants use flares to burn off flammable vapors

For Oil Workers, Deadliest Danger Is Driving  “Over the past decade, more than 300 oil and gas workers like Mr. Roth were killed in highway crashes, the largest cause of fatalities in the industry. Many of these deaths were due in part to oil field exemptions from highway safety rules that allow truckers to work longer hours than drivers in most other industries, according to safety and health experts.” — NYTimes.com

Chesapeake Bank Loan Jars Bond Investors “Chesapeake Energy Corp.’s CHK +4.79% effort to reassure investors worried about its cash shortage backfired with bond investors who were rattled by the harsh terms of the $3 billion short-term loan the company detailed Monday.”— WSJ.com

Increase in “Flaring” Tied to Pipeline Shortages “With oil production on the rise in Texas, drilling companies are increasingly burning off the natural gas that surfaces with the oil because they can’t get pipelines in place fast enough to transport it. “ — The Texas Tribune