Fold

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.

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).

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).

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.

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.

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.

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.

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.

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.