Exxon Boosting Natural Gas Processing
June 23rd, 2009
Exxon Mobil Corporation announced yesterday that the company will be boosting processing of natural gas at its Piceance Basin location. The company sees ’steady’ increase in supplies to US markets through the use of efficient technologies. The company currently processes 100 million cubic feet per day. Total estimate reserves in the Piceance Basin are believed to be 45 trillion cubic feet. The Piceance Basin is located in northwestern Colorado.
