Oilweek - July 2009 (Sample)

Call Us for all Your ASME Design, Fabrication, Package Assembly & Service Needs of gas… And speaking

the detroit news reports that bidders paid $178 million for state land leases— a “texas-sized oil and gas sale,” as the paper calls it—in may.

while that’s a respectable number even here in western canada, it’s huge for the state better known for building cars—in fact, it’s equal to what michigan collected in total over the previous 81 years, the paper says.

So what has everyone so excited?

Shale gas.

“in the michigan oil and gas world, the buzz centres on a single well…drilled by the canadian oil giant encana last fall,” the paper reports. “with no history in michigan, the company moved in quietly in 2008, acquired 250,000 acres, and then chose a spot in Pioneer township on the so-called collingwood Shale.”

to give you some idea of how new all of this is to the state, the paper mistakenly refers to fracing technology as “fragging.”

For the record

in our annual Unconventional Gas
Guide, being distributed as a sup-
plement with this month’s edition
of Oilweek, dale dusterhoft, chief
executive officer of trican well
Service, is incorrectly identified.
efforts were made to correct
the error before the supplement
went to press, but obviously, those
efforts went for naught.
apologies to mr. dusterhoft and
to trican.