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Seven factors that drive today's gas shale business
Noted researcher and consultant Don Warlick of Warlick International provides a mid-year update on the current state of gas shale development and markets for natural gas.
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The race to liquids
Exploration and production companies are shifting their natural gas drilling budgets to high-BTU, liquid-rich plays, which is impacting gas processing, NGL markets, and petrochem feedstocks.
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Bakken Shale has largest oil deposits in US outside the oil fields of Alaska
Located in the Williston Basin in Montana and North Dakota and in the Canadian provinces of Saskatchewan and Manitoba, the Bakken Shale subsurface formation is mainly an oil play.
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Devon and Chesapeake are top ranked companies in Barnett Shale production
Oklahoma City-based Devon Energy, the eighth-largest oil and gas producer in the United States based on total assets and stockholder equity, ranks as the top producer in Texas' Barnett Shale.
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Petrohawk reduces Haynesville rig count to concentrate on liquids-rich Eagle Ford
Houston-based Petrohawk Energy, the 22nd largest US producer in total assets and the 19th in stockholder equity, is the No. 1 producer in the fast-developing Eagle Ford Shale play in South Texas.
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Chesapeake, Petrohawk continue to dominate in Haynesville Shale
Chesapeake Energy takes honors as the top-producing operator in the Haynesville Shale play in northwest Louisiana and northeast Texas.
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Range Resources, Chesapeake, EQT among largest producers in Marcellus
The Marcellus Shale play extends through the northern half of the Appalachian Mountain chain in the states of Pennsylvania, New York, West Virginia, and eastern Ohio.
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Noble Energy, Anadarko, PDC lead the pack in early development of Niobrara Shale
Noble Energy, with headquarters in Houston, is the leading producer in the Niobrara Shale play, which is mostly in the Denver-Julesberg Basin of northeastern Colorado.
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Financing gas storage projects
Developers of natural gas storage projects planning to use debt financing to fund construction must be aware of key risks arising from the project's development and implement mitigation measures necessary to make the project financeable.
