Exxon Mobil to increase shale gas drilling

Exxon Mobil Corp. said it plans to increase drilling activity for unconventional resources such as shale gas in various areas onshore the U.S. during the second half of this year.

“We plan to further increase activity in the Haynesville, Fayetteville, Marcellus, Eagle Ford, and Bakken shale plays,” said ExxonMobil’s Vice President of Investors Relations David Rosenthal, who was speaking to analysts in a conference call.

ExxonMobil completed its acquisition of natural gas producer XTO Energy Inc. in June, becoming the largest natural gas producer in the U.S.

Short URL: http://naturalgasforamerica.com/?p=1018

Posted by admin on July 29th, 2010. Filed under Eagle Ford Shale, Fayetteville, Haynesville Shale, Marcellus Shale, Natural Gas, Shale Basins. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry