- Tight Gas & Oil
- Gas Hydrates
Rice wants to purchase Marcellus and Utica acreage but will have several legal challenges and may have to continue to bid on the assets held by bankrupt Alpha Natural Resources.
For the week ending April 15, the North American count dropped to 480, compared to the 1,034 rigs that were pumping about a year ago.
At IPAA’s annual gathering, industry executives speculated that supply overhang is beginning to shrink, but no one was yet ready to start celebrating.