Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Dominion Resources Inc. will pursue the sale of most of its oil and natural gas exploration and production assets to focus on growing its electric generation and energy distribution, transmission, storage and retail businesses. As part of the repositioning, the company will retain its low-risk Appalachian basin properties, because of their value to the company's natural gas pipeline, storage and gathering businesses. These properties account for about 17% of Dominion's proved reserves and 8% of average daily production.
Santos Ltd. said it plans to rebalance its E&P portfolio by divesting all of its US interests, refocusing exploration toward Australia, Asia and the Middle East. Continued high demand for energy in the US has made it a good time to bring this portfolio to market, according to the company. Santos' US operations produced 2.1 boe during 2005, and include ongoing exploration and development activities on more than 180,000 acres onshore and offshore the Texas Gulf Coast, and western Colorado.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
New Delhi - January 11-14
Muscat - January 26-29
Bogota - January 28-29
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.