Anadarko Petroleum Corp. is doing “a lot” of experimentation in the U.S. onshore to determine how best to drill unconventional wells to ensure optimized estimated ultimate recoveries (EUR). What the management knows for sure is that the bigger the hydraulic fractures (fracks) the more a well can recover, said CEO Al Walker.
Pegged
Articles from Pegged
Millennium Marcellus Expansion Stalled at FERC
Millennium Pipeline Co. LLC and sponsors of its proposed natural gas compressor station project in Minisink, NY, which would boost the company’s firm deliveries of Marcellus Shale gas to about 675,000 Dth/d to serve the Northeast and New England markets, continue to await FERC’s final decision on the application, originally filed almost a year ago.
High Gas Storage, Mild Weather, Credit ‘Jitters’ Affecting E&P
Upstream capital spending is pegged to jump a healthy 20% this year versus 2006. However, with most of the money earmarked for international oil projects, North American exploration and production (E&P) companies weighted to natural gas are not expected to deliver over-the-top earnings through the rest of the year, according to several energy analysts.
High Gas Storage, Mild Weather, Credit ‘Jitters’ Affecting E&P
Upstream capital spending is pegged to jump a healthy 20% this year versus 2006. However, with most of the money earmarked for international oil projects, North American exploration and production (E&P) companies weighted to natural gas are not expected to deliver over-the-top earnings through the rest of the year, according to several energy analysts.