Ultra Petroluem Corporation is an independent energy company engaged in oil and natural gas exploration and production.
As You Sow has engaged with Ultra Petroleum on issues related to hydraulic fracturing. Read more about our engagements with Ultra Petroleum below.
Proponents are concerned about regulatory, legal, reputational, and financial risks associated with the environmental, health, and social impacts of hydraulic fracturing operations.
Related 2012 Engagements
Onshore "unconventional" natural gas production often requires hydraulic fracturing, which typically injects a mix of millions of gallons of water, thousands of gallons of chemicals, and particles deep underground to create fractures through which gas can flow for collection. According to the American Petroleum Institute, "up to 80 percent of natural gas wells drilled in the next decade will require hydraulic fracturing."
Find more Ultra Petroleum 2011 press coverage and press releases.
Related 2011 Engagements
Onshore “unconventional” natural gas production requiring hydraulic fracturing, which injects a mix of water, chemicals, and particles underground to create fractures through which gas can flow for collection, is estimated to increase by 45% between 2007 and 2030. An estimated 60-80% of natural gas wells drilled in the next decade will require hydraulic fracturing.
Shareholders request that the Board of Directors prepare a report by October 1, 2010, at reasonable cost and omitting proprietary information, summarizing 1.the environmental impact of fracturing operations of Ultra Petroleum; 2. potential policies for the company to adopt, above and beyond regulatory requirements, to reduce or eliminate hazards to air, water, and soil quality from fracturing.
Related 2010 Engagements