Tuesday, August 17, 2010

Williams Companies (WMB): Piceance Basin

By Andrea: http://oilshalegas.com

Williams Companies (WMB) is currently running 12 rigs in the Piceance Basin and they plan to add at least one more rig by the end of 2010. They plan to see production increase by 12% in 2011 and by 16% in 2012. The company currently accounts for more than 1/3 of the drilling in the Piceance Basin and has the largest stake in the Piceance Basin, followed by EnCana Corp. (ECA) who currently operates 7 rigs in the Piceance Basin.

For more shale updates, visit: http://blackberrystocks.blogspot.com

For more stock updates, visit: http://daytradingstockblog.blogspot.com