- Tight Gas & Oil
- Gas Hydrates
Commitment follows ARB’s acquisition of Niobrara crude gathering system in 2016.
The company plans to help pay for the acquisition by selling Appalachia and Niobrara assets for a hoped-for price of $300 million.
Sustained lower oil prices may lead to Permian consolidation, the return of tough times to other shale plays and U.S. E&Ps helping rebalance global inventories.