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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

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Its properties are concentrated in Texas, New Mexico, North Dakota, Pennsylvania, West Virginia, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Utah, Louisiana and Montana. XTO’s resource base is the equivalent of 45 trillion cubic feet of gas and includes shale gas, tight gas, coal bed methane and shale oil.

Oil 186
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New Research Alliance to Promote Low-Impact Drilling Technologies

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University of Arkansas. We will consider all aspects of energy resource recovery, not only traditional oil and natural gas production methods but also unconventional production, such as natural gas from shale or coal-bed methane. In addition to HARC and Texas A&M, founding members of the Alliance include: University of Wyoming.

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DOE NETL selects 12 fossil-fuel power systems projects for funding

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will partner with GE Global Research, EPRI, Southern Company, American Electric Power and FirstEnergy to design and test a high temperature nickel-based superalloy thick-walled header for cycling and flexible plant operation in new and existing plants. DOE: $750,000 Non-DOE: $187,500 Total: $937,500 (20% cost share). Alstom Power Inc.

Power 150