Content Updated Friday, May 9 2008
Highlights
COMING MAY 2008
The incredible success story of the Barnett Shale, which now produces more than 2 billion cubic feet a day, has opened a whole new world of opportunity for independents. Operators are evaluating all types of shales as potential “reservoir rock.” So while the land rush continues in the Fayetteville, Woodford, Caney and Marcellus plays, add the New Albany, Utica, Mancos, Floyd, Conasauga, Gothic, Baxter and other shales to the list! How big is the prize and how will operators coax gas from the ultralow-permeability formations?
Readers will find answers in the May Issue Of The American Oil & Gas Reporter!
April 2008 Cover Story
Deepwater Gulf Of Mexico Takes A Leading Role In Meeting Nation’s Energy Needs
By Lars Herbst
NEW ORLEANS–Any discussion of energy production in the Gulf of Mexico must include an analysis of activity in water depths greater than 1,000 feet. The Gulf of Mexico deepwater frontier fills the lead role in the nation’s domestic energy portfolio, and the future looks promising.
Last year was highlighted by the Independence Hub project, which now brings a tremendous volume of natural gas production to American consumers from the ultradeep waters of the Gulf.
At the end of 2007, BP’s Atlantis project also came on line. As the deepest moored, floating oil and gas production facility in the world, Atlantis will considerably impact total Gulf oil production as it ramps toward its full potential in 2008 and beyond.
Later this year, BP’s Thunder Horse project also is expected to come on line. With a design capacity of 250,000 barrels of oil and 200 million cubic feet of gas a day, the Thunder Horse project is anticipated to account for the most production in the Gulf.
