Competitive

During the third quarter, Houston-based Rosetta Resources Inc. quickened its pace in the Eagle Ford Shale where it grew production 68% from the year-ago level; production was also wetter. Management also disclosed Thursday that the company is testing two new areas outside of the Eagle Ford.

The state of Alaska is seeking pricing protections for natural gas consumers in the Southcentral region through a consent decree filed to “resolve competitive concerns” with Hilcorp Alaska LLC’s acquisition of Cook Inlet assets from Marathon Oil Co.

The state of Alaska is seeking pricing protections for natural gas consumers in the Southcentral region through a consent decree filed to “resolve competitive concerns” with Hilcorp Alaska LLC’s acquisition of Cook Inlet assets from Marathon Oil Co.

Drilling technologies have transformed the competitive landscape within the oil and gas industry and altered the traditional pricing relationship between crude oil and natural gas, but there’s still plenty of room for horizontal drilling and hydraulic fracturing (fracking) services to grow, according to Standard & Poor’s Ratings Services (S&P).

Drilling technologies have transformed the competitive landscape within the oil and gas industry and altered the traditional pricing relationship between crude oil and natural gas, but there’s still plenty of room for horizontal drilling and hydraulic fracturing (fracking) services to grow, according to Standard & Poor’s Ratings Services (S&P).

Marcellus Shale reserves may spark life into a shuttered, 110-year-old oil refinery complex south of Philadelphia that once supported nearly 500 jobs, according to IHS Inc. researchers.

Cheap natural gas, courtesy of shale plays, is bringing industry back to the United States, growing economies along the Gulf Coast, in the Northeast and elsewhere. But it has also made holding gas transportation capacity a more dicey prospect for end-users, and there is a risk that some of the energy industry’s risk management muscle could atrophy while on a diet of low prices and low volatility.

Even though northern shale drilling remains in its infancy, the British Columbia cradle of the emerging natural gas source is catching up fast to the traditional mainstay of Canadian supplies.

The long and winding road to passing a drilling impact fee in Pennsylvania hit another pothole Wednesday when nine Republican state senators whose districts are outside the Marcellus shale signed a letter opposing restrictions on local zoning contained in the bill.