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Gas supply potential linked to corporate strategies

11/09/2009
By Bob Tippee
The potential of natural gas to reshape energy markets should exert parallel influence on corporate strategies, speakers said at the RMI Oilfield Breakfast Forum in Houston.Current and prospective gas supply is leaping from development of unconventional resources, especially shales, noted Doug Pferdehirt, president of the Schlumberger Reservoir Production Group.While the US and Canada dominate current activity, shale gas development is "very much in the early stages of growth in most countries," Pferdehirt pointed out.He cited a Schlumberger study that found 680 shales in 142 basins and identified 48 basins with shales outside the US as "high-graded" for gas potential....
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