Exploration & Production | Capital Markets | Private Equity Activity
Consortium Recommended Standards and Practices For Marcellus and Utica Shale
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The Appalachian Shale Recommended Practices Group (ASRPG), a consortium of 11 of the Appalachian Basin's largest natural gas and oil producers, today announced the creation of the Recommended Standards and Practices for Exploration and Production of Natural Gas and Oil from Appalachian Shales.
The ASRPG's Recommended Standards and Practices for Exploration and Production of Natural Gas and Oil from Appalachian Shales were developed to promote effective safety, environmental and health practices consistent with the key recommendations of both the U.S. Secretary of Energy Advisory Board's (SEAB) final report issued in November 2011, and the National Petroleum Council's (NPC) Prudent Development report issued in September 2011.
Both reports acknowledge regional differences in geology, land…
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