Unlocked

It didn’t take that long for the horizontal drilling technology and hydraulic fracturing stimulation technique that unlocked huge stores of unconventional natural gas to be transferred to the oil patch, and now oily producers face as bleak a future for prices and activity as their gassy brethren, energy analysts with Raymond James & Associates Inc. said last week.

It didn’t take that long for the horizontal drilling technology and hydraulic fracturing stimulation technique that unlocked huge stores of unconventional natural gas to be transferred to the oil patch, and now oily producers face as bleak a future for prices and activity as their gassy brethren, energy analysts with Raymond James & Associates Inc. said Monday.

The “brute force” drilling process that unlocked North America’s shale deposits won’t easily be transferred overseas, Schlumberger Ltd. COO Paal Kibsgaard said Wednesday.

Horizontal drilling in the Texas Panhandle has unlocked higher-value natural gas liquids (NGL), which Enbridge Energy Partners LP plans to process in a new cryogenic plant it will construct on its Anadarko gathering system, the company said Monday.

Horizontal drilling in the Texas Panhandle has unlocked higher-value natural gas liquids (NGL), which Enbridge Energy Partners LP plans to process in a new cryogenic plant it will construct on its Anadarko gathering system, the company said Monday.

A subsidiary of Royal Dutch Shell and its partners Wednesday unlocked the first natural gas and oil from the Perdido Development in the Lower Tertiary Trend of the Gulf of Mexico (GOM), now the world’s deepest offshore drilling and production facility.

A subsidiary of Royal Dutch Shell and its partners Wednesday unlocked the first natural gas and oil from the Perdido Development in the Lower Tertiary Trend of the Gulf of Mexico (GOM), now the world’s deepest offshore drilling and production facility.

A subsidiary of Royal Dutch Shell and its partners Wednesday unlocked the first natural gas and oil from the Perdido Development in the Lower Tertiary Trend of the Gulf of Mexico (GOM), now the world’s deepest offshore drilling and production facility.

The “huge” amount of global liquefied natural gas (LNG) coming onstream, coupled with new sources of gas being unlocked in North America, has created “a new world…and I do not know how this world is going to work out,” Schlumberger Ltd. CEO Andrew Gould said Friday.