FORT WAYNE, Ind. — Record oil prices are spurring some companies to look for oil in Indiana.
Deka Exploration — an Oklahoma-based company that drilled for oil in Steuben County a decade ago before deciding to go elsewhere — is giving northwest Indiana another look. Others are also exploring for oil.
Indiana permit applications for oil and natural gas wells have increased to levels not seen in at least 20 years, according to the Indiana Department of Natural Resources’ oil and gas division.
Improved technology has led to more accuracy in drilling. But the main motivation for the increased exploration is rising oil prices, said Herschel McDivitt, director of the Indiana Department of Natural Resources Division of Oil and Gas.
“They tend to make operators a little more willing to take some risks,” he said.
Indiana production of crude oil has averaged about 1.73 million barrels annually in recent years. That’s a small portion of consumption — the U.S. uses more than 20.6 million barrels of petroleum every day.
Local News
8 a.m.: Prices trigger oil exploration in Indiana
- Local News
-
-
Anderson man dies at Monroe Reservoir; 3 others arrested
Memorial Day weekend took a tragic turn Saturday evening as an Anderson man visiting Monroe Reservoir died. Three other Anderson men were arrested later that day following the death of Matthew Hosier, 29.
-
Getting Together: Silence not golden for this library program
Certain rules govern almost all libraries: be quiet, don’t mar the pages and absolutely no food or drinks on the premises. But a small group of patrons wait until after hours, lock themselves in the back room of the Alexandria-Monroe Public Library, eat popcorn, drink soda and loudly scoff as they watch bad movies.
-
Veteran receiving Bronze Star 68 years late
An Army veteran will be awarded a Bronze Star on Memorial Day — 68 years after he was originally supposed to receive it.
-
Memorial Day activities set
For Memorial Day weekend, here’s a list of activities to participate in.
-
Arrest Log: May 28
Arrests made by Madison County law enforcement on Saturday, based on Madison County Jail records. Charges are recommended by arresting officers, but are not final until the Madison County prosecutor reviews the case and files official charges.
- Conservation officers arrest Anderson boater on alcohol charge
-
What's Where: May 28
Local activities are scheduled Monday.
-
Handicapped murder convict alleges prison discrimination
Since October 2006, Donald Lock has been confined to a wheel chair because of a degenerative bone disease. He has spent time at correctional facilities throughout the state, but it wasn’t until he was transferred to Pendleton earlier this year that he said he felt his disability was ignored.
-
Arrest log: May 27
The following arrest log appears in the Sunday edition of The Herald Bulletin.
-
Parents at Little League say coach took money
Parents of the North Anderson Little League filed a complaint with police against a former coach who they say stole fundraiser money.
- More Local News Headlines
-
