Banpu has commenced its new journey on gas business in the U. S. since March 2016. This is a part of the Company’s strategy to diversify its portfolio in upstream business with lower emissions, which goes in line with “Banpu Greener & Smarter strategy” with the aim of becoming an international versatile energy provider for the new era of energy.
We are now operating in two locations in the U.S.: the Marcellus Shale in Pennsylvania, which is the largest natural gas reserve in the U.S., and at the Barnett Shale in Texas. This brings Banpu’s total U.S. gas sector investments to USD 1.1 billion so far. With our operational excellence and professional standards, Banpu became one of the top 20 natural gas producers in the U.S. with production of approximately 700 million cubic feet per day (MMcfed).