The Marcellus is the biggest natural gas field in the United States, containing more than 500 trillion cubic feet of recoverable gas and stretching across three states.
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Included in these are projects at Kharg Island and Dorood field, projects at the Balal oil field and a 40% stake in the South Pars natural gas field.
Further complicating matters, Shell was also negotiating to trade half of its 55% stake in Sakhalin II with state-owned gas monopoly Gazprom for half of a giant natural gas field called Zapolyarnoye.
Finally, Athens has set out to expand their local production potential by offering exploration bids off their Western coast, as well as entering into discussions with Cyprus in a bid to set up Greece as a transport hub for natural gas from the Leviathan natural gas field.
Cove holds an 8.5% stake in a huge natural-gas field in Mozambican waters.
Upstream activities include oil and natural gas exploration, field development and production.
Normally, you pump natural gas back into an aging field (called reinjection) in order to get higher yields.
The company announced improved first-quarter refining margins and said it had made significant progress in efforts to stem a natural-gas leak on its Elgin field platform in the British sector of the North Sea.
New finds in the Wattenberg Field north of Denver alone could contain more than a billion barrels of recoverable oil and natural gas, essentially matching the huge Eagle Ford or the Bakken Field in western North Dakota.
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With the recent confirmation of the Leviathan field, an offshore natural gas discovery able to meet total domestic demand for approximately 40 years, Israel has entered a new and potentially remarkable era of energy exploration and production.
Chairman Jim Moffett had previously promulgated that this field could hold trillions of cubic feet of natural gas.
Of late, the U.S. oil field services sector has been impacted by weak natural gas pricing, which has taken its toll on companies that offer pressure pumping services.
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The Leviathan field was one of the world's largest offshore natural gas finds this past decade.
That year a Shell-Texaco venture will begin producing natural gas from the 3-km-by-15-km Malampaya field 750 to 1, 150 meters below sea level.
Cyprus announced the discovery of a field containing between 5 and 8 trillion cubic feet of natural gas under the Mediterranean Sea in 2011 but Turkey disputes its drilling rights.
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In the late 1990s Benz Energy, a Vancouver-exchange-listed exploration company, stumbled while developing the Oakvale gas field in Mississippi but stayed alive by selling assets to Prime Natural Resources.
The Jubilee field there has an estimated 1.5 billion barrels of oil and natural gas equivalents (boe), with nearby Twenboa another 300 million boe or more.
Gasification of coal offers the potential to turn dirty burning hydrocarbons into cleaner burning liquid fuels, such as synthetic natural gas, jet fuel and gasoline, as well as hydrogen for fuel cell use, a developing field.
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INPEX, a Japanese company, plans to pipe gas from the Ichthys field, under the Indian Ocean, and process it in Darwin for export as liquefied natural gas (LNG) from 2016.
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