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Article: United States : Quicksilver Resources predicts double-digit natural gas production growth for 2010.
- Article from:
- TendersInfo
- Article date:
- November 4, 2009
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Byline: manish03
Despite generally weak natural gas prices that have greatly discouraged drilling in the past year, Fort Worth-based Quicksilver Resources is forecasting double-digit production growth for 2010 on top of double-digit gains this year.
The company s Barnett Shale operations "continue to perform very well, keeping us on track to achieve record volumes this year," CEO Glenn Darden said in a statement Monday.
The company, benefiting from production gains from horizontal wells drilled in the Alliance and Lake Arlington areas, said it remains on pace for a daily production average equivalent to 325 million cubic feet of natural gas for ...