Items Tagged with 'plays'

ARTICLES

Marathon CEO: 'Every Dollar Under Scrutiny'

Marathon Oil Corp. capital spending will be at least $600 million less in 2016 compared with this year, and in the United States, unconventional plays will get the dollars as they have proven to be more economic than conventional activities, CEO Lee Tillman said in New York City Wednesday. Read More

Big Four Shale Gas Plays Show Decline -- Not Plateau -- After 2020, Say University of Texas Researchers

The U.S. Energy Information Administration (EIA) and a bevy of independent analysts have predicted domestic natural gas production will climb rapidly over the long-term because of booming unconventional gas growth. However, the University of Texas at Austin (UT) is predicting production from the biggest shale gas plays -- Marcellus, Barnett, Fayetteville and Haynesville -- will peak by 2020 and decline thereafter. Read More