Commercial production is expected to begin in the country during 2016.
Following years of breakneck growth in US oil production, the effects of the country's shale oil revolution are now making a tangible impact on the global oil balance.
Two years since its first S-1 filing, ENXP now has production in the stacked-pay East Texas Basin.
“…There is no price high enough for the public market…,” says STRH's Dingmann.
Gassy Appalachian stories are selling only if having locked in gas prices and firm transport, he adds.
The amendments would create an obligation for SWD well permit applicants to provide the Railroad Commission with additional information regarding seismic events.
MLPs and PE-backed E&Ps are taking the lead. “It’s powerful money,” says Jefferies’ Marko.
“It’s not so hard to dream up more than 20 Bcf/d of (additional) demand by 2020.”
Aubrey McClendon is building five of them and plans more.
Unless America continues to invest heavily in its infrastructure, it will fail to take full advantage of this reliable and abundant source of energy and all it has to offer.
Hart Energy Events
9/24/14Webinar: Coriolis Principles and Considerations for Entrained Gas in the Upstream Market
10/16/14Conference: Offshore Executive Conference - The Gulf of Mexico Renaissance
11/10/14Conference: Executive Oil Conference - Platinum Performance in the Permian Basin
11/20/14Conference: North American LNG Exports - Expanding Beyond the Gulf Coast