NEW YORK -- XTO Energy Inc. said Thursday its board of directors has approved a 2009 capital budget for development and exploration expenditures of $3.3 billion. An additional $500 million has been budgeted for the construction of pipeline infrastructure and compression and processing facilities, it said. The outlays will increase 2009 production volumes by 18% over 2008 levels, XTO said.

Views: 18

Reply to This

Support GoHaynesvilleShale.com

Blog Posts

The Lithium Connection to Shale Drilling

Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…

Continue

Posted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service