OGJ Newsletter

03/16/2009
General Interest — Quick TakesGPA09: Gas recovery coming sooner, not laterRapidly declining US natural gas rig counts and prices are setting the stage for a recovery in both sooner rather than later. That was the message of Gregory A. Dodd, vice-president for natural gas marketing and supply at Devon Energy Corp. in remarks made Mar. 10 to the 88th Annual Convention of the Gas Processors Association in San Antonio.Dodd sees signs of this eventuality in the rapid pace that gas rigs are being laid down or otherwise pulled away from US gas plays, especially shale areas. He also said many wells are being completed but not yet tied into gathering and transmission infrastructure.The coming...
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