Feeling the gas crunch

North 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