The Marcellus Shale today is the largest U.S. natural gas production region, with output of more than 7 Bcf/d, which has led to a “significant, positive” impact on early movers, but some operators continue to underperform share-wise in the play, according to IHS Inc.
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Marcellus Dry Gas Producers Slamming on the Brakes, Says Bentek
Drillers in northeastern Pennsylvania — the dry gas area of the Marcellus Shale — in the months ahead will stomp on the brakes with both feet and jam the dry gas freight train into reverse, according to an analysis by Bentek Energy LLC. Even if they do, a bulging gas surplus will fester behind pipeline capacity constraints for years to come, the firm said.
February 22, 2012
ConocoPhillips to Focus on Nonconventional, Alternatives and Workforce
Noting that the company has “a rich history” in technological research and development in the recovery of conventional resources, ConocoPhillips is dedicating $150 million in 2008 to the development of nonconventional oil and gas resources and the development of new energy sources, such as renewables, said CEO Jim Mulva.
March 17, 2008
ConocoPhillips’ 2008 Focus: Nonconventional Resources, Alternatives and Workforce
Noting that the company has “a rich history” in technological research and development in the recovery of conventional resources, ConocoPhillips is dedicating $150 million in 2008 to the development of nonconventional oil and gas resources and the development of new energy sources, such as renewables, said CEO Jim Mulva.
March 13, 2008
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