A socially focused investor group has submitted a shareholder resolution aimed at reducing volumes of flared natural gas at oil wellheads. Mercy Investment Services has targeted Oklahoma-based Continental Resources Inc., the leading exploration and production (E&P) operator in North Dakota’s Bakken Shale and Three Forks plays.
Wellheads
Articles from Wellheads
Report: Shales to Help Drive Billions in Midstream Spending
Connecting wellheads — particularly those in shale gas fields — to gas-fired turbines and burner tips will require billions in spending on midstream infrastructure over the next 25 years, according to a new report. Adding to the projected demand for new pipe, storage and other facilities is the increasing focus on liquids-rich gas production.
June 29, 2011