Natural gas from the Rocky Mountain region is a crucial and growing component of the nation's supply.
The story in natural gas supply today is the ascendancy of the Rocky Mountain region. The Greater Green River, Uinta-Piceance, Powder River and Raton basins will deliver the lion's share of production growth going forward.
Questar Exploration and Production and Ultra Petroleum are well on the way to unlocking the huge production and reserve potential of Wyoming's Pinedale Anticline.
The recent surge in Rockies upstream M&A activity may be just the tip of the consolidated iceberg. Which producers will be next on the buyout block?
Here are the top upstream stock picks for 2004, as selected by seven prominent E&P analysts.
Amid improved natural gas prices and greater pipeline-takeaway capacity from the region, the gas-rich Greater Green River Basin is witnessing a new round of drilling growth.
Once a pure midstream player, Western Gas Resources now projects 44% of its 2004 operating income will come from oil and gas production.
The Green River Basin's Pinedale Anticline is emerging as the next giant Wyoming gas field.