Low natural gas prices and a “responsive regulatory environment” have prompted Australia’s Incitec Pivot Limited (IPL) to devote $850 million toward the construction of a world scale ammonia manufacturing plant on a brownfield site in Waggaman, LA, the company said Wednesday.
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EQT Dropping LDC for Midstream, E&P
Now that it’s getting out of the local distribution company (LDC) business, Appalachia-focused EQT Corp. will have more time and money to devote to the Marcellus Shale, America’s emerging natural gas breadbasket.
December 21, 2012
Range Onshore Output Jumps in Second Quarter
A decision by Range Resources Corp. to sell its Barnett Shale portfolio last year to devote more resources to the Marcellus Shale appears to have paid off handsomely, with unconventional output jumping 42% in 2Q2012 from the year-ago period. Natural gas, which makes up 80% of the producer’s total output, rose 48%.
July 16, 2012
Low Prices Have Anadarko Shying Away from Natural Gas
Anadarko Petroleum Corp. will devote almost all of its exploration and production (E&P) budget toward oil and liquids-rich assets this year and pay far less on efforts to get natural gas out of the ground, the Houston-based super independent said last week.
March 19, 2012
Low Prices Have Anadarko Shying Away from Natural Gas
Anadarko Petroleum Corp. will devote almost all of its exploration and production (E&P) budget toward oil and liquids-rich assets this year and pay far less on efforts to get natural gas out of the ground, the Houston-based super independent said Tuesday.
March 14, 2012
QEP Resources Targeting Crude Oil, NGLs in 2012
QEP Resources Inc. said Thursday it would devote most of its capital expenditures (capex) for the 2012 fiscal year to crude oil and liquids-rich natural gas plays, and would look to boost annual production.
February 27, 2012
QEP Resources Targeting NGLs, Crude Oil in 2012
QEP Resources Inc. said Thursday it would devote most of its capital expenditures (capex) for the 2012 fiscal year to crude oil and liquids-rich natural gas plays, and would look to boost annual production.
February 27, 2012
Newfield Continues Transition to Oil Company
Newfield Exploration Co. said that in 2012 it will devote more of its capital expenditure (capex) program and boost production in natural gas liquids (NGL) and oil — at the expense of natural gas — as it looks to become an oil-weighted company by 2013.
February 24, 2012
Gastar 2012 Capex Will Be Marcellus-Heavy
Gastar Exploration Ltd. will devote $100.5 million of its $134.2 million 2012 capital budget to drilling and completion costs, with 89% of that amount ($88.9 million) to be spent on activities in the liquids-rich window of the Marcellus Shale, the company said Tuesday.
February 1, 2012
Ohio’s Incoming Governor Says Marcellus Shale Could Be ‘Godsend’
Ohio will devote time and effort to take part in the Marcellus Shale drilling boom, Gov.-elect John Kasich said last week.
January 4, 2011
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