Massive

Fueled by massive supplies of Arctic natural gas, Russia’s OAO Gazprom may be able to supply up to 10% of the North American liquefied natural gas (LNG) market by 2020, an executive said last week. The comments appeared to confirm some made last month by a Houston-based Gazprom executive.

Fueled by massive supplies of Arctic natural gas, Russia’s OAO Gazprom may be able to supply up to 10% of the North American liquefied natural gas (LNG) market by 2020, an executive told reporters Tuesday. The comments appeared to confirm some made last month by a Houston-based Gazprom executive.

Energy stocks sagged across the board Monday after the House in a historical vote narrowly rejected the Bush administration’s plan for a massive federal government intervention in the Wall Street financial markets.

Shale plays have triggered a “massive upward shift” in U.S. natural gas production and are driving unprecedented growth, with output from publicly traded exploration and production (E&P) companies in 2Q2008 up 6.7% year-over-year (y/y), according to data compiled by energy analysts.

Shale plays have triggered a “massive upward shift” in U.S. natural gas production and are driving unprecedented growth, with output from publicly traded exploration and production (E&P) companies in 2Q2008 up 6.7% year-over-year (y/y), according to data compiled by energy analysts.

XTO Energy Inc.’s massive accumulation of natural gas properties in producing shale basins across the United States should allow it to double its gas production by the end of 2011 and could lift the independent to the top of the heap among domestic gas producers, CEO Bob Simpson said last week.

XTO Energy Inc.’s massive accumulation of natural gas properties in producing shale basins across the United States should allow it to double its gas production by the end of 2011 and should put the independent at the top of the heap among domestic gas producers, CEO Bob Simpson said Tuesday.

With all of the recent headlines about the massive natural gas shale plays in the Appalachian Basin, across Texas, Louisiana and British Columbia, some may have forgotten about the Rocky Mountains. However, by at least one estimate, there are seven multi-Tcf plays — and maybe more — trapped inside those big rocks waiting for discovery, said Wood Mackenzie researchers.

With all of the recent headlines about massive natural gas shale plays in the Appalachian Basin, across Texas, Louisiana and British Columbia, some may have forgotten about the Rocky Mountains. However, by at least one estimate, there are seven multi-Tcf plays — and maybe more — trapped inside those big rocks waiting for discovery, said Wood Mackenzie researchers.