Feeling the gas crunchNorth American producers chase deeper targets, forego shallow drilling in bid to combat costs; Western Canada headed for decline in activity through 2014 Gary Park For Petroleum News
EOG Resources is transferring its Canadian natural gas focus from shallow vertical prospects to horizontal shale gas and Apache is moving from shallow conventional and unconventional projects to deeper, higher-return targets.
Those strategic shifts by two of the largest U.S.-based companies operatin....
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Deeper prospects targeted High prices triggered gas drilling Apache lowering spending Mackenzie gas line conditions set
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