- Tight Gas & Oil
- Gas Hydrates
Of the major shale plays, the Utica is expected to show gas production increases in June, July and August, the EIA said. Though by September, production in the play will also start to slip.
Parsley comes out of the second quarter with 12,000 fewer acres but adds more drilling locations and longer horizontal laterals. However, its increased spending may turn off investors.
WPX Energy is nearing a close to its $2.8 billion Permian deal, with the company saying it intends to wrap up the deal before the end of August.
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