Surpass

More than one-third of the global increase in natural gas production by 2035 will come from unconventional shale gas, coalbed methane and tight gas, according to the World Energy Outlook 2010 (WEO-2010), which was issued by the International Energy Agency (IEA) on Tuesday.

Merger and acquisition (M&A) activity in the U.S. oil and natural gas sector has overcome challenges year to date to surpass 2009 levels, an analysis by PwC US said.

BP plc’s quarterly profits fell by half from the same period a year ago, but the company still is managing to surpass cost-cutting targets and increase its oil and natural gas output, CEO Tony Hayward said last week. The company, however, doesn’t think a global economic recovery — or energy demand growth — will happen this year.

British Columbia (BC) will grow to match Alberta — and possibly surpass it — as Canada’s prime supply source as development of shale deposits accelerates, the nation’s biggest natural gas producer predicts.

British Columbia (BC) will grow to match Alberta — and possibly surpass it — as Canada’s prime supply source as development of shale deposits accelerates, the nation’s biggest natural gas producer predicts.

The Haynesville Shale will surpass the Barnett Shale to become the largest source of domestic natural gas production by 2014 or 2015, only to be eclipsed within a few years by the Marcellus Shale, Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.

The Haynesville Shale will surpass the Barnett Shale to become the largest source of domestic natural gas production by 2014 or 2015, only to be eclipsed within a few years by the Marcellus Shale, Chesapeake Energy Corp. CEO Aubrey McClendon said Thursday.

Chesapeake Energy Corp.’s U.S. natural gas output should surpass that of leaders BP plc and Anadarko Petroleum Corp. within the next two months, CEO Aubrey McClendon said Friday.

Chesapeake Energy Corp.’s U.S. natural gas output should surpass that of leaders BP plc and Anadarko Petroleum Corp. within the next two months, CEO Aubrey McClendon said Friday.