- Tight Gas & Oil
- Gas Hydrates
The SEC says Luca International Group hit up investors for the E&P while hiding huge losses. Luca’s founder is accused in a federal suit of using investor funds on a $2.5 million house.
The Cotton Valley is the only game in town as activity dwindles in the Barnett and Fayetteville. Survey respondents pointed towards idled equipment and crews as the cause of the slowdown.
The activity increase in the Cotton Valley play, where higher bottomhole pressures are encouraging use of crosslink gels, has offset declines in the Barnett and Fayetteville shales.