Linn Energy Looks to Granite Wash in 2012

摘要

Linn Energy has announced a 2012 capital spending program of $880 million that will focus primarily on low-risk, high-return drilling projects that target liquids. The Houston, Texas-based company expects to drill or participate in 340 wells in 2012, including 75 horizontal wells in the Granite Wash play, in the Texas Panhandle and southwest Oklahoma, and close to 100 wells in the Permian Basin of West Texas and eastern New Mexico.