Natural gas Natural gas Natural gas is a naturally occurring hydrocarbon gas mixture consisting primarily of methane, but commonly including varying amounts of other higher alkanes, and sometimes a small percentage of carbon dioxide, nitrogen, hydrogen sulfide, or helium. It is formed when layers of decomposing plant and animal matter are exposed to intense heat and pressure under the surface of the Earth over millions of years. The energy that the plants originally obtained from the sun is stored in the form of chemical bonds in the gas. Natural gas is a fossil fuel used as a source of energy for heating,
Legend Natural Gas Legend Natural Gas Legend Natural Gas is an independent oil and gas company headquartered in the Houston area. Legend Production Holdings LLC, is focused on acquiring and developing long-lived oil and natural gas properties primarily in prolific basins around Texas, including areas of South Texas, the Fort Worth Basin (Barnett Shale) and the Permian Basin. Legend Production Holdings, LLC predecessor, Legend Natural Gas LP, was formed in 2001 by James A. Winne III and Michael Becci, serving as President and CEO and Vice President and CFO, respectively. It was the first portfolio company funded by Riverstone/Carlyle Global Energy and Power