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FBR: Market Can Handle Marcellus Growth

The growth of the Marcellus Shale likely won’t be constrained by market demand, despite a projected seven-fold increase in production from the play over the next 15 years, according to FBR Capital Markets.

September 27, 2011

Westmont to Reopen Orphaned Oil Wells

Westmont Resources Inc. said Thursday it has purchased 3,400 total leasehold acres and 120 existing oil wells in the Marcellus Shale, part of the company’s goal to produce more than 3,500 bbl of oil per month by the end of 2011.

May 31, 2011

Report: Canada Has Lots of Unconventional Gas

Evolving technology for tapping shale, coal and tight formations will eventually increase Canada’s recognized natural gas endowment about six-fold to an astronomical 4,000 Tcf, according to a new national inventory of deposits prepared for the Canadian Society for Unconventional Gas (CSUG).

May 17, 2010

Report: Canada Has Unconventional Gas, Lots of It

Evolving technology for tapping shale, coal and tight formations will eventually increase Canada’s recognized natural gas endowment about six-fold to an astronomical 4,000 Tcf, according to a new national inventory of deposits prepared for the Canadian Society for Unconventional Gas (CSUG).

May 14, 2010

Bush Sets Targets to Stop Growth of U.S. GHG Emissions

President Bush, in a much-anticipated speech last Wednesday, laid out a plan to stop the growth of heat-trapping greenhouse gas (GHG) emissions in the United States by 2025.

April 21, 2008

Schwarzenegger: U.S. Should Commit to Fixing Climate

California Gov. Arnold Schwarzenegger returned somewhat to the Republican fold Wednesday, praising President Bush for acknowledging that the nation and world have a climate change problem. But he reminded the president he has now also said the nation has a responsibility to do something to help fix the problem.

April 18, 2008

ExxonMobil’s Piceance Expansion on Course to Hit 1 Bcf/d

ExxonMobil Corp. plans a big-time expansion in the Piceance Basin to lift natural gas output on the northwestern Colorado leasehold to 1 Bcf/d — a 20-fold increase from its current 55 MMcf/d.

September 10, 2007

ExxonMobil’s Piceance Output on Course to Hit 1 Bcf/d

ExxonMobil Corp. plans a big-time expansion in the Piceance Basin to lift natural gas output on the northwestern Colorado leasehold to 1 Bcf/d — a 20-fold increase from its current 55 MMcf/d.

September 10, 2007

Fayetteville Paying Off for Southwestern as Production Rises Sharply

Production from Southwestern Energy Co.’s Fayetteville Shale play in the Arkoma Basin is up more than 13-fold in a little more than a year, zooming from 9 MMcf/d Jan. 1, 2006 to 120 MMcf/d on Feb. 26. Still, CEO Harold Korell is humble about the success.

March 26, 2007

Fayetteville Paying Off for Southwestern as Production Rises Sharply

Production from Southwestern Energy Co.’s Fayetteville Shale play in the Arkoma Basin is up more than 13-fold in a little more than a year, zooming from 9 MMcf/d Jan. 1, 2006 to 120 MMcf/d on Feb. 26. Still, CEO Harold Korell is humble about the success.

March 21, 2007