In the News

September 2017, Vol. 244, No. 9

Did BP Just Unlock a New Major Shale Gas Basin? BP made a potentially groundbreaking discovery in New Mexico, which could open up a new area for shale gas development. The oil major was drilling in a little-known area in northern New Mexico, in a place called the Mancos Shale. BP reported huge figures from the shale gas well, suggesting the Mancos could provide a massive new source of U.S. shale gas. The initial 30-day production rates of the new well hit 12.9 MMcf/d, a figure that tops horizontal wells in the highly prolific Eagle…

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