Chesapeake Energy Corp announced it will increase drilling and completion capital expenditures in liquid-rich plays by $400 million. Chesapeake's largest liquid-rich plays include: Granite Wash (western Oklahoma and Texas Panhandle), Anadarko Basin (western Oklahoma and Texas Panhandle), Rocky Mountain Liquids Plays (southern Wyoming and northern Colorado), Permian Basin Liquids Plays (West Texas and southern New Mexico), and Eagle Ford Shale (South Texas).
Conversely, Chesapeake will reduce Drilling and Completion Capital Expenditures by $400 million on natural gas plays.
No comments:
Post a Comment