CEO Muncrief thinks natural gas has a future in the American West.

Longer laterals, more stages and more sand are being used in four major markets.

At least one analysis firm thinks that the new standard could mean reduced production.

Net Acreages

Company Total
Penn West Exploration 51,200
Spyglass Resources 55,000
CNOOC 61,000
Torc Oil & Gas 96,000
Encana 115,200
Shell 120,624
Murphy Oil 150,000
LGX Oil + Gas 167,838
Arc Resources 179,200
DeeThree Exploration 200,000
Crescent Point Energy 1,000,000