Industry scours lesser-known fields in search for next big play

Posted by Greenwire: Nathanial Gronewold on January 21st, 2012
Greenwire: With record-low U.S. natural gas prices worrying oil and gas companies that have invested heavily in breakthrough shale plays, the industry is sending drilling to tight oil prospects and resources rich in natural gas liquids -- better investments as crude prices linger near $100 per barrel. And with competition already fierce in North Dakota's Bakken field and south Texas' Eagle Ford, companies are turning toward lesser-known oil-rich formations in what could be the next chapter in the North American......

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