Going Deep in the Rockies
Going deep in the Rockies
At one time, even nuclear bombs couldn’t loosen ‘tight gas’ trapped in sandstone. Now Exxon Mobil says it has a way.
The company says the method dramatically cuts operational costs. Exxon Mobil won't disclose the Piceance project costs, except to say that it's part of the company's plan to spend $125 billion on projects over five years, including $29 billion this year.
For the complete article:
http://www.chron.com/disp/story.mpl/business/6525226.html
At one time, even nuclear bombs couldn’t loosen ‘tight gas’ trapped in sandstone. Now Exxon Mobil says it has a way.
The company says the method dramatically cuts operational costs. Exxon Mobil won't disclose the Piceance project costs, except to say that it's part of the company's plan to spend $125 billion on projects over five years, including $29 billion this year.
For the complete article:
http://www.chron.com/disp/story.mpl/business/6525226.html
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