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"From a strategy standpoint, we're really focused on these new resource plays," said Alan Armstrong, chief executive of Williams.
These were "resource plays" — large formations, easy to find but stubborn to extract from — that had recently been made viable by new recovery technologies.
Oil resource plays like the Bakken are rare, Brigham said — more lucrative than natural gas but also more challenging, because oil molecules move less easily through rock fractures.
"The alignment we've already established with Mitsubishi will greatly enhance our plans to maintain Cutbank Ridge's leadership position among the most cost competitive resource plays on the continent".
The proportion of its output from resource plays will rise to 75percentt from 67, and the United States will account for 24percentt of its output, up from 18percentt.
[cartoon id= a15710"] When Brigham entered the Bakken, its staff was made up mostly of exploration men — geologists and geophysicists — and some of them dismissed resource plays as the abandonment of the wildcatter spirit; Jeff Larson, the Brigham explorationist, derided the engineering work as "a lot of blocking and tackling".
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A quick and robust method for resource play evaluation is critical.
A typical resource, playing a central role in complexity analysis, is the execution time or running time of computing.
The Eagle Ford Shale was recently recognized as a major unconventional resource play having gas, condensate, and oil potential.
The Haynesville shale is an unconventional resource play in Louisiana that requires significant capital expenditures to develop.
The recent advances in drilling and hydraulic fracturing technology rendered the Woodford shale of the Anadarko basin a prolific resource play producing gas and liquid hydrocarbons.
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