No more big unconventional plays out there, you say? Don’t tell shale pioneer Devon Energy Corp., which last week validated the prospective Tuscaloosa Marine Shale, where it has leased 250,000 net acres for $180/acre.
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Devon Plants Flag in Emerging Tuscaloosa Shale
No more big unconventional plays out there, you say? Don’t tell shale pioneer Devon Energy Corp., which on Wednesday validated the prospective Tuscaloosa Marine Shale, where it has leased 250,000 net acres for $180/acre.
Reaction to Delaware Watershed Rules Mixed
The members of the Delaware River Basin Commission (DRBC) likely knew what would happen once they issued their 83-page proposed rulemaking to conditionally allow natural gas drillers to tap into the watershed.
Questar CEO: Surviving the ‘Worst’ Rockies Basis Blowout in Years
Describing itself as a “lower-risk play on the long term fundamentals of natural gas,” Questar Corp. may have validated its claim with its 2Q2007 earnings and production results. The company increased its natural gas and oil production by 13% and its net income by 24% from a year ago — in spite of the current price environment for Rocky Mountain natural gas production.
Questar CEO: Surviving the ‘Worst’ Rockies Basis Blowout in Years
Describing itself as a “lower-risk play on the long term fundamentals of natural gas,” Questar Corp. may have validated its claim with its 2Q2007 earnings and production results. The company increased its natural gas and oil production by 13% and its net income by 24% from a year ago — in spite of the current price environment for Rocky Mountain natural gas production.