Natural gas explorer Western Gas Resources Inc. projected Thursday that its total net production this year will increase to an average of 146 MMcfe/d, or 10% more than 2002. The company plans to spend 30% more for expansion projects this year, with most directed toward coalbed methane (CBM) growth projects in the Powder River and Greater Green River basins.
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Western Gas to Spend 30% More to Expand CBM Projects in Rockies
Natural gas explorer Western Gas Resources Inc. projected Thursday that its total net production this year will increase to an average of 146 MMcfe/d, or 10% more than 2002. The company plans to spend 30% more for expansion projects this year, with most directed toward coalbed methane (CBM) growth projects in the Powder River and Greater Green River basins.
February 21, 2003
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