Highest

U.S. natural gas proved reserves, estimated as wet gas (including natural gas plant liquids) increased by 11% in 2009 to 284 Tcf — the highest level since 1971 — according to the U.S. Energy Information Administration (EIA). Shale gas plays led the charge, the agency said.

Global merger and acquisition (M&A) activity among natural gas and oil companies in the first three months of the year jumped to its second highest dollar volume in two years, PLS Inc. said last week.

Global merger and acquisition (M&A) activity among oil and gas companies in the first three months of the year jumped to its second highest dollar volume in two years, PLS Inc. said this week.

The recent proliferation of shale and tight sands natural gas development has boosted U.S. natural gas reserves for the eleventh consecutive year to 245 Tcf — the highest level in more than 35 years, according to American Gas Association’s (AGA) year-end 2009 data. “Something is obviously positive in the domestic reserves and production story,” the association said.

The recent proliferation of shale and tight sands natural gas development has boosted U.S. natural gas reserves for the eleventh consecutive year to 245 Tcf — the highest level in more than 35 years, according to American Gas Association’s (AGA) year-end 2009 data. “Something is obviously positive in the domestic reserves and production story,” the association said.

The recent proliferation of shale and tight sands natural gas development has boosted U.S. natural gas reserves for the eleventh consecutive year to 245 Tcf — the highest level in more than 35 years, according to American Gas Association’s (AGA) year-end 2009 data. “Something is obviously positive in the domestic reserves and production story,” the association said.

Anadarko Exploration & Production Co. LP and Mariner Energy Inc. last Wednesday were the highest bidders during the Central Gulf of Mexico Lease Sale 213. The two producers jointly bid $52.56 million for Walker Ridge Block 793.

Anadarko Exploration & Production Co. LP and Mariner Energy Inc. Wednesday were the highest bidders during the Central Gulf of Mexico Lease Sale 213. The two producers jointly bid $52.56 million for Walker Ridge Block 793.

Anadarko Exploration & Production Co. LP and Mariner Energy Inc. Wednesday were the highest bidders during the Central Gulf of Mexico Lease Sale 213. The two producers jointly bid $52.56 million for Walker Ridge Block 793.