Oklahoma deal signals growing trend for hard-to-extract ‘tight gas’
Published: July 19 2008 03:00 | Last updated: July 19 2008 03:00
BP is expanding its gas operations in the US, paying $1.75bn (£875m) for properties in Oklahoma that could hold 2,000bn cubic feet of “tight gas” – gas that is trapped in rocks from which it will not flow easily.
The deal is the latest example of growing interest in tight gas, which requires advanced methods to extract at commercially attractive rates.
On Monday, Royal Dutch Shell announced an agreed C$5.9bn (£2.9bn) deal to buy Duvernay Oil, a gas producer in western Canada.
The assets acquired by BP are now producing 50m cubic feet of gas a day, but BP believes it could raise that to 200m cubic feet, doubling its production in the region.
Resources such as tight gas and oil sands are becoming attractive to big international oil groups.
Copyright The Financial Times Limited 2008
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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