The count is 36 percent below a year ago level and 74 percent below the all-time September 12, 2008 high of 1, 606 active gas rigs in service.
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My family owns property in Wise County Texas that has two active natural gas wells on our property.
ExxonMobil, long active operating gas stations in Colombia, decided last month to resume exploration there after a ten-year hiatus, in partnership with the Brazilian and Colombian state-owned oil companies.
Founded in 1989, Chesapeake Energy has grown to become the second largest producer of natural gas and one of the most active drillers of new wells in the U.S. Chesapeake competes with other oil and gas producers like Exxon, ConocoPhillips, Anadarko, BP and Chevron.
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However, at the moment, he says the company doesn't have any oil in storage, and holds just 240 net acres in oil and gas leases in Missouri with no active drilling.
Moscow has also been much more active than Europe in courting the Caspian rim countries that have the gas each pipeline needs.
Individual wells can be active for decades, slowly pulling (or stripping) more oil and gas out of the ground.
Rather than relying on fire, electricity or natural gas, chefs at El Diablo heat their meat over a still-active volcano.
Nations Petroleum, the renamed company, is active in southern California, where it produces oil, and has explored for oil and gas in Brunei and Indonesia, without much success.
Political developments in Egypt, as well as the sabotage of the natural gas pipeline from Egypt to Israel at el-Arish, show that the southern front is active again after 30 years.
Furthermore, included in the list of aid measures under active consideration by the European leaders is a scheme to assist the Soviet Union in extracting and selling oil and natural gas from the Soviet Union, using European expertise and equipment and providing royalty payments to the Soviets.
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