- Tight Gas & Oil
- Gas Hydrates
EPE deals away its assets in Louisiana and East Texas for $420 million as another private equity company delves into natural gas.
The news comes on the heels of an anemic first quarter in which permits applications dropped 32% and gas play applications fell by 35%.
Refracking has been met with enthusiasm—especially when it works—and skepticism, but in order to move forward, the industry needs a large-scale refracking program and more investment IHS says.