2009

SM Energy Co. grew proved reserves by 27% last year to 984.5 Bcfe at year-end compared to 772.2 Bcfe at the end of 2009, the company said Tuesday.

Observers need look no further than ExxonMobil Corp.’s buyout of shale king XTO Energy Corp. in late 2009 to acknowledge that the integrated U.S. producers aren’t ceding North America’s unconventional oil and gas reservoirs to the independents.

The Town Council of Flower Mound, TX, which sits atop the Barnett Shale, has combined two existed drilling permit moratoriums into one and extended it until April 15 while it awaits an advisory board’s report on oil and natural gas development activities in the town.

Building and operating upstream natural gas and oil facilities regained upward momentum in the past six months after falling in 2009, according to cost indexes developed by IHS.

Building and operating upstream natural gas and oil facilities regained upward momentum in the past six months after falling in 2009, according to cost indexes developed by IHS.

North America’s growing shale gas plays were the key determinant in pushing global liquefied natural gas (LNG) supply away from American shores. But now the gravity of the shale gas bubble is so strong it could pull in empty tankers to take American gas away to Asian, European and other markets.

Chief Oil & Gas LLC, which in 2005 was the second largest natural gas producer in the Barnett Shale, is showing it can do the same in the Marcellus Shale, reporting that output in Pennsylvania has reached the 100 MMcfe/d mark from 42 wells.

As a flurry of well site bombings by still-unknown protesters in 2008 and 2009 fades into history, plans are advancing to accelerate natural gas development near the Dawson Creek starting point of the Alaska Highway in northeastern British Columbia (BC).

As a flurry of well site bombings by still-unknown protesters in 2008 and 2009 fades into history, plans are advancing to accelerate natural gas development near the Dawson Creek starting point of the Alaska Highway in northeastern British Columbia (BC).