EOG, Exxon Earnings Soar While Chesapeake Hit by Hedging Losses

摘要

EOG's success in the Texas Barnett Shale play continues to be a key driver of the company's gas production growth and a major factor behind strong second-quarter production growth to 1.35 billion cubic feet per day, up from 1.19 Bcf/d last year. In British Columbia's Horn River Basin — a new play for EOG — sales started from the company's first two gas shale wells in the quarter.