While the story of shale gas to date is one of crafty independents like Devon Energy Corp., Southwestern Energy Co. and Range Resources Corp. taking exploration risks in the Barnett, Fayetteville and Marcellus shales, those plays will increasingly belong to big players like Chevron Corp. and ExxonMobil Corp., Lynn Bass, a principal at GasRock Capital LLC, said during Steel Business Briefing’s Shale Plays Tubular Conference.
Devon
Articles from Devon
Southwestern to Cut Spending, Sharpen Focus on Fayetteville Shale
Southwestern Energy Co. will devote $1.9 billion to its capital investment program in 2011, down 10% compared with $2.1 billion in 2010, with most of it continuing to be spent on operations in the Fayetteville Shale where the Houston-based producer expects to see a significant increase in production.
December 21, 2010
Industry Briefs
Gulf Coast Fractionators said it will expand the capacity of its natural gas liquids fractionation facility in Mont Belvieu, TX, by 43,000 b/d (42%) to 145,000 b/d. Gulf Coast is a partnership of ConocoPhillips, Devon Energy Corp. and Targa Resources Partners LP. ConocoPhillips, as the operator, will manage the expansion. Existing operations are not expected to be disrupted during the construction. The expansion is expected to be operational during the second quarter of 2012, subject to regulatory approvals.
October 18, 2010
Fractionation Capacity to Expand at Mont Belvieu
Gulf Coast Fractionators said it will expand the capacity of its natural gas liquids (NGL) fractionation facility in Mont Belvieu, TX, by 43,000 b/d (42%) to 145,000 b/d.
October 12, 2010
Devon’s Nichols Says Proposed Tax Hikes Would ‘Cripple’ Industry
The Obama administration’s proposals to repeal tax breaks for oil and natural gas producers in the fiscal 2010 budget “are aimed at crippling our industry,” Devon Energy Corp. CEO Larry Nichols told a Senate Finance subcommittee last Thursday.
September 14, 2009
Devon’s Nichols Says Proposed Tax Hikes Would ‘Cripple’ Industry
The Obama administration’s proposals to repeal tax breaks for oil and natural gas producers in the fiscal 2010 budget “are aimed at crippling our industry,” Devon Energy Corp. CEO Larry Nichols told a Senate Finance subcommittee Thursday.
September 11, 2009
Access to Offshore Vital for Long Term, Say Producers
Natural gas and oil prices may be low, but the energy industry continues to push for more access to drill in the U.S. offshore. It’s all about the future, Devon Energy Corp. CEO Larry Nichols told an audience last week at the Offshore Technology Conference (OTC) in Houston.
May 11, 2009
Access to Offshore Vital for Long Term, Say Producers
Natural gas and oil prices may be low, but the energy industry continues to push for more access to drill in the U.S. offshore. It’s all about the future, Devon Energy Corp. CEO Larry Nichols told an audience at the Offshore Technology Conference (OTC) in Houston.
May 8, 2009
Independent Gas Producers Alliance to Promote Industry
Some of the largest independent producers in the United States — including Chesapeake Energy Corp., Devon Energy Corp. and Newfield Exploration Co. — have formed the American Natural Gas Alliance (ANGA) with a “singular mission” — to increase the public’s “awareness and appreciation” of the abundant domestic gas supplies.
February 26, 2009
AltaGas, Devon Canada Shelve Plans for BC Pipeline, Sour Gas Facility
Calgary-based AltaGas Income Trust and Devon Canada Corp. have shelved plans to develop the Noel natural gas pipeline and Pouce Coupe sour gas facility expansion project because of a market slowdown. The projects were announced earlier this year.
August 30, 2007
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