Key Energy in Play With Baker Hughes Chasing Shale Oil

Key Energy in Play With Baker Hughes Chasing Shale Oil

Matthew Staver/Bloomberg

An oil drilling rig stands on the Bakken formation in Watford City, North Dakota, U.S. Demand for fracking has increased as rising oil prices makes it more affordable to explore on land and deposits were discovered in parts of the U.S., including the Bakken shale in North Dakota.