Low Natural Gas Price Turns Interest To Liquids-Rich Plays

As North America experiences a renaissance in oil drilling, exploration & production (E&P) spending is expected to rise in 2011. According to a recently released Barclays Capital research note a decline in dry gas drilling is predicted, offset by an increase in oil and liquids-rich activity. In the wake of this activity the Tight Oil From Shale Plays World Congress 2011 will take place in Denver in January to discuss maximizing oil recovery.