Yesterday, at our oil and gas business development seminar Altoona, PA, Chevron presenters stated that Chevron, which drilled about 70 wells in 2012, will double drilling in 2013 to 165 wells. In 2014, Chevron is planning to double the number of wells it will drill in 2013.
Major producers like Chevron have strategic plans for natural gas drilling and production and the mcf price of natural gas does not seem to have a major impact on drilling and production plans.
Shale Man
Joseph F. Barone
President,
ShaleDirectories.com
610.764.1232
www.shaledirectories.com