FERC intends to pursue several strategies over the next fiveyears to facilitate gas pipeline development and “get gas whereit’s needed most,” the Commission said in a draft strategic planfor fiscal years 2000-2005. One of its most important objectives isto “foster a regulatory environment that facilitates theresponsible development of transportation capacity to meetpotential increase in market demand for natural gas to 25 Tcf in2005 and 30 Tcf in 2010,” the draft stated.
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Proven Reserves, SkyHigh Market Send Profits Soaring
Conservative exploration and development strategies andacquisitions, coupled with a growing demand for energy, enabled theworld’s largest oil and gas companies to reduce reserve replacementcosts 14% from a year ago, and dramatically increase net profits -by as much as 900%, according to an analysis by energy researchfirm John S. Herold Inc.
June 26, 2000
Proven Reserves, SkyHigh Market Sends Profits Soaring
Conservative exploration and development strategies andacquisitions, coupled with a growing demand for energy, enabled theworld’s largest oil and gas companies to reduce reserve replacementcosts 14% from a year ago, and dramatically increase net profits— by as much as 900%, according to an analysis by energyresearch firm John S. Herold Inc.
June 21, 2000
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