In addition to our industry-leading leasehold position, we’ve developed a number of proprietary technological advantages.
First, we have acquired what we believe is the nation's largest inventory of 3-D seismic data. Possessing this 3-D seismic data enables us to image reservoirs of natural gas that might otherwise remain undiscovered and to drill our horizontal wells more accurately inside the targeted shale formation and avoid various underground structural challenges such as faults and karsts.
Second, we have developed an industry-leading information-gathering program that gives us insight into new plays and competitor activity. As a result of our initiatives, we now produce approximately 4% of the nation's natural gas, drill 1 out of every 8 natural gas wells being drilled in the U.S. and participate in almost an equal number of wells drilled by others.
Third, we believe that we have developed an industry-leading organizational capability to quickly analyze and synthesize enormous volumes of information daily. By processing this information on a real-time basis, we are able to react quickly to opportunities that are created through our drilling program and those of our competitors.
Fourth, we have established a unique state-of-the-art Reservoir Technology Center (RTC) in Oklahoma City. The RTC enables us to more quickly, accurately and confidentially analyze core data from shale wells on a proprietary basis and then identify new plays and leasing opportunities ahead of our competition to improve existing plays. It also allows us to design fracture stimulation procedures that work most productively in the shale formations that we aggressively drill. This increases our competitive advantage in developing new shale plays and improving existing shale plays.