The United States claimed the title in 2012 for the leading production growth for not only natural gas but also oil, boosted by its considerable unconventional stores, according to BP plc’s annual benchmark of global energy resources.
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Mississippian Lime Lifts Kansas Oil Output
Lifted by prices and successful well tests from an extension of the emerging Mississippian Lime play, oil production in Kansas rose last year, according to new estimates by the Kansas Geological Survey at the University of Kansas. Natural gas production in 2011, however, declined by more than 6%.
EnCana Doubles Reward to $1M for Information on Bombings
EnCana Corp. last Thursday said it doubled its reward to $1 million for information that “significantly” contributes to the investigation and prosecution of the person or persons responsible for the bombings of the company’s natural gas pipeline and production facilities in the Dawson Creek area in northeastern British Columbia.
EnCana Ups Reward to $1M for Information on Bombings
EnCana Corp. Thursday said it has doubled its reward to $1 million for information that “significantly” contributes to the investigation and prosecution of the person or persons responsible for the bombings of the company’s natural gas pipeline and production facilities in the Dawson Creek area in northeastern British Columbia.
Oil and Gas Significant Contributor to Colorado’s Economy
The oil and gas industry contributes significantly to Colorado’s economy, accounting for $22.9 billion in economic output, or 6.1% of the state’s economy, and providing employment for 71,000 people, according to a study released Thursday by the Colorado Energy Research Institute.
Oil and Gas Account for 6.1% of Colorado’s Economy
The oil and gas industry contributes significantly to Colorado’s economy, accounting for $22.9 billion in economic output, or 6.1% of the state’s economy, and providing employment for 71,000 people, according to a study released last week by the Colorado Energy Research Institute.
Comstock Contributes 300 Bcfe of Proved Gulf Reserves to New E&P Venture
Frisco, TX-based Comstock Resources is contributing about 300 Bcfe of estimated proved Gulf of Mexico oil and gas reserves and about $102.7 million in related debt to newly created exploration and production venture Bois d’Arc Energy LLC for a 59.9% stake in the new company.
Comstock Contributes 300 Bcfe of Proved Gulf Reserves to New E&P Venture
Frisco, TX-based Comstock Resources is contributing about 300 Bcfe of estimated proved Gulf of Mexico oil and gas reserves and about $102.7 million in related debt to newly created exploration and production venture Bois d’Arc Energy LLC for a 59.9% stake in the new company.
DOE Contributes $1 Million to New Drilling Technology Research
The Department of Energy (DOE) is adding two new projects to its program to develop new technologies that can increase natural gas production from low-permeability, or “tight,” reservoirs. The new projects, to be carried out by Advanced Resources International of Arlington, VA, and Cementing Solutions of Houston, were selected for federal cost-sharing when Congress increased DOE’s budget for natural gas research in fiscal year 2002. They will join two projects selected last August. All four had been proposed in an industry-wide competition earlier this year.
DOE Contributes $1 Million to New Drilling Technology Research
The Department of Energy is adding two new projects to its program to develop new technologies that can increase natural gas production from low-permeability, or “tight,” reservoirs. The new projects, to be carried out by Advanced Resources International of Arlington, VA, and Cementing Solutions of Houston, were selected for federal cost-sharing when Congress increased DOE’s budget for natural gas research in fiscal year 2002. They will join two projects selected last August. All four had been proposed in an industry-wide competition earlier this year.