Strong natural gas demand boosted the bottom line of Kinder Morgan in the third quarter, with the company reporting a 16% increase in earnings per share. “With historic growth in global natural gas demand, a favorable federal regulatory landscape, and strong support from permitting agencies, the outlook for our company is exceptionally promising”
Japan’s power generation major JERA will pay $1.5 billion for natural gas assets in the Haynesville basin, the company said today, in line with plans to boost its exposure to U.S. gas.
Curious Minds Corner
What’s the term for deviating a well bore directionally while drilling?
Directional drilling, which today may go horizontal for 2 miles or more.