Since the dawn of the shale revolution, periodic estimates of technically recoverable U.S. natural gas resources have trended upward. Until now. That is a key takeaway from the latest installment of the “Future Supply of Natural Gas in the United States,” an authoritative assessment issued biennially by the Potential Gas Committee (PGC). Last month, the…
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ExxonMobil Swivels to North American Liquids
What does the largest North American natural gas producer do when prices aren’t going its way? Move rigs to liquids plays, ExxonMobil investor relations chief David Rosenthal said Tuesday.
Shales Highlighted in PGC’s Record Reserves Report
Shale gas plays and significant technological advances that allow their development helped drive the latest assessment of U.S. natural gas reserves by the Potential Gas Committee (PGC) to a new high.
Tests Results of Quebec’s Macasty Shale ‘Encouraging’
Results of core and petrophysical analyses from a well on Quebec’s Anticosti Island are “encouraging,” according to Corridor Resources Inc. and Petrolia Inc., which hold leases covering more than 1.5 million acres on the island.
BP: Mad Dog in Pack with Thunder Horse, Atlantis
With another successful appraisal well completed, BP plc has “firmly established” the Mad Dog Field as the third giant field in the producer’s Gulf of Mexico (GOM) portfolio, a company executive said Friday.
BP: Mad Dog in Pack with Thunder Horse, Atlantis
With another successful appraisal well completed, BP plc has “firmly established” the Mad Dog Field as the third giant field in the producer’s Gulf of Mexico (GOM) portfolio, a company executive said Friday.