- Tight Gas & Oil
- Gas Hydrates
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.
Demand for drilling services remains flat and at extremely low levels in dry gas basins, including the Haynesville, Barnett and Fayetteville. Horizontal work in the Fayetteville fell to zero briefly in August.
Denver’s Resolute, battling back debt, could gain $158- to $237 million from the sale of its acreage in the Gardendale area of West Texas, an analyst said.