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Huge

Anadarko, Noble See Huge Liquids Potential in the Rockies

Land that Anadarko Petroleum Corp. has long controlled in northern Colorado in the Wattenberg Field holds a huge liquids-rich resource potential of 500 million to 1.5 billion boe net, executives disclosed this week. Separately, Noble Energy Inc., which controls 400,000 net acres in the play, said Tuesday it has identified 1.3 billion boe of net risked resources with the potential for even more.

November 16, 2011

ExxonMobil Increases Utica Footprint, Pursues More Liquids Output

Supermajor ExxonMobil Corp., which controls a huge portfolio of unconventional oil, gas and liquids projects across North America, on Thursday disclosed that it has increased its leasehold in the Ohio portion of the promising Utica Shale.

October 28, 2011

The Economist Sees Natural Gas as ‘Cleaner, Not Cooler’

The boom in shale gas and the increased use of natural gas will solve some, but not all, of the world’s problems with energy use, according to an essay, one of two articles on the world impact of shale gas in a recent issue of the British weekly news magazine, The Economist.

August 17, 2011

Analyst Sees Shale Gas ‘Learning Curve’ Unfolding in California

There is no doubt that shale gas will be a factor in future natural gas supply forecasts, but how big the role that turns out to be is still uncertain as a “huge learning curve” accelerates, a lead gas analyst at the California Energy Commission (CEC) told NGI last Friday.

May 17, 2011

Baker Hughes CEO: North America Pressure Pumping ‘Sold Out’

Baker Hughes Inc. on Wednesday reported a surge in profits for the first quarter, boosted by a huge demand for oilfield services across U.S. and Canadian unconventional natural gas and oil plays.

April 28, 2011

Range Resources Taking Bite Out of Marcellus Layer Cake

Some producers wouldn’t have sold their Barnett Shale assets and instead would have flat-lined activities there while they headed for the greener pastures of the Appalachian Basin’s Marcellus Shale, Range Resources Corp. CEO John Pinkerton conceded. But Range wanted to straighten its balance sheet and go at the Marcellus full bore, which its recent Barnett asset sale sets it up to do.

March 7, 2011

Australia’s BHP Billiton Grabs Fayetteville Leasehold

Australian energy giant BHP Billiton Petroleum, better known for its Gulf of Mexico (GOM) development, chiseled off a piece of Chesapeake Energy Corp.’s huge U.S. portfolio in a $4.75 billion cash deal to acquire almost half a billion acres in the Fayetteville Shale.

February 28, 2011

Australia’s BHP Billiton Grabs Fayetteville Leasehold

Australian energy giant BHP Billiton Petroleum, better known for its Gulf of Mexico (GOM) development, chiseled off a piece of Chesapeake Energy Corp.’s huge U.S. portfolio in a $4.75 billion cash deal to acquire almost half a billion acres in the Fayetteville Shale.

February 23, 2011

West Virginia’s Tomblin: ‘We Need to Embrace’ Marcellus Opportunities

Acting West Virginia Gov. Earl Ray Tomblin last week said he would continue to fight for the state’s huge coal industry, but he also urged state residents to embrace the opportunities that would come from natural gas drilling in the Marcellus Shale. However, producers face soaring drilling fees under draft legislation expected to be considered by lawmakers.

January 17, 2011

West Virginia’s Tomblin: ‘We Need to Embrace’ Marcellus Opportunities

Acting West Virginia Gov. Earl Ray Tomblin on Wednesday night said he would continue to fight for the state’s huge coal industry, but he also urged state residents to embrace the opportunities that would come from natural gas drilling in the Marcellus Shale.

January 14, 2011