In recent years, natural gas producers in the United States have struggled, mostly in vain, to be taken more seriously in the energy world. Big oil companies like Exxon had concluded that natural gas reserves in the United States were not sufficiently abundant to warrant big investments in exploration and drilling. When small independent gas [...]
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A blog post called, “Drill Bits: Rig Count Picks Up Again. Why?” on the Wall Street Journal website by Ben Casselman speculates on why the number of active rigs is up for the third week in a row. Today, Eduard Gismatullin article titled, “BG Buys Exco Stake for $1.06 Billion to Tap Shale Gas” hit the wire. BG Group Plc, the U.K.’s third- largest natural-gas company, bought assets from Exco Resources Inc. for $1.06 billion to develop its first U.S. shale gas project in the United States. They are entering the U.S [...] Due to the intense development and exploration operations taking place closely to densely populated areas, the urban drilling in the Haynesville Shale zone now have rules and safeguards. Yesterday, RIGZONE carried an exciting article on a junior player called Mainland Resources. They are expanding testing in the Haynesville Shale area in Mississippi. Read the below RigZone article or check it out on RigZone’s site. Billionaire oil investor T. Boone Pickens said this past Wednesday, that he doubts a $26 billion natural gas pipeline from Alaska will be built any time soon as abundant new shale gas supplies reduce the need for the expensive project. Today, “Producers Make Bet on B.C. Shale Play” was published in the Globe and Mail, a national newspaper in Canada. The article was written by DAVID EBNER. HIGHLIGHTS: Bookmark It Hide Sites $$(‘div.d399′).each( function(e) { e.visualEffect(’slide_up’,{duration:0.5}) }); Ever wonder exactly whom is participating in the play at the Haynesville Shale gas fields? The Haynesville Shale is about 3.5 million acres and counting, making room for several players. When one looks at the list of companies with a play at the Haynesville Shale, one could certainly think it appears to be [...] Is the green energy debate getting turned on its head? |
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