Though we are disappointed with Newfield's stock performance, we are pleased with management's decision to decrease spending on
natural gas reserve development and instead spend that money on its oil properties.
Not exact matches
Alta Mesa Resources, Inc. is a publicly traded (NASDAQ: AMR, AMRWW) independent exploration and production company focused on the
development and acquisition of unconventional oil and
natural gas reserves in the eastern portion of the Anadarko Basin referred to as the STACK.
Laredo Energy, a company engaged in the acquisition and
development of
natural gas and oil
reserves in South and East Central Texas, has raised $ 130 million in private equity commitments from Avista Capital Partners and Liberty Energy Holdings
Genuinely opening the Gulf and other offshore petroleum
reserves, and freeing up onshore
natural gas deployment, would create 2.5 million jobs in exploration and
development, as well as construction, steel, cement and other industries.
At $ 100 a barrel, prudent
development of U.S.
reserves could cut imports in half, and coupled with better use of abundant
natural gas and wiser application of now available internal combustion technologies, the United States could become an energy exporter.
The region just west of the Appalachian Basin — the Marcellus Shale formation — is rich in
natural gas reserves and is being considered for
development by drilling companies.
We talked about big impediments to the
development of China's huge shale
gas reserves or increasing exports of liquefied
natural gas to Asia.
Furthermore, Cap - and - Trade would set up a gargantuan intergovernmental bureaucracy that would likely ban
natural gas fracking, steam injection of tar sands, and surface coal mining for exploration and
development of America's immense energy
reserves.
Natural gas has become the backbone of the grid's flexibility and is making inroads into baseload power, thanks to the
development of decades» worth of low - cost
reserves from shale.
Milito said securing America's energy future will hinge on clearing away unnecessary obstacles to safe and responsible
development of our
natural gas and oil
reserves:
After all, while he attempts to interfere with progress by making such statements, our entire energy infrastructure is crumbling, our
natural gas supplies continue to dwindle, we don't have nearly enough engineers and skilled labor to expand nuclear
development the way they claim we can, and our decision - makers (until very recently) have been under the false assumption that we have 250 years worth of coal
reserves.