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

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Permalink Reply by Pipeliner on July 12, 2009 at 9:28
Exxon reaches trapped gas by modifying technology

http://www.chron.com/disp/story.mpl/business/6525368.html
Permalink Reply by The_Baron on July 14, 2009 at 5:31
Good for Exxon. Lets just hope Obama dosn't chase them offshore.

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