The shale gas revolution has improved global energy security and has helped a “mature industry be reborn through technology,” ConocoPhillips CEO Jim Mulva said this week in Qatar.
4Q2011
Articles from 4Q2011
Industry Brief
JayHawk Energy Inc. has begun evaluating for drilling its recently acquired acreage in the Bakken Shale. The Post Falls, ID-based company also said it was looking to add more acreage to its Bakken holdings and plans to accelerate its efforts through purchases and joint ventures through 2011. JayHawk has procured more than 1,066 gross acres — about 135 net acres — in Divide County, ND. Spacing of wells is currently 1,280 acres, so JayHawk said it will pool its acreage with other interest holders in order to drill a well, possibly by 4Q2011.
Pipeline, Rail Projects Target Eagle Ford Crude
The pace of infrastructure development to serve producers in the Eagle Ford Shale in South Texas continues with two separate projects targeting services for crude oil and condensate.