Effects

Market dynamics will override politics, and the job producing and economic stimulus effects of the gas industry will prevail in the years ahead regardless of the outcome of this fall’s presidential elections, said panelists last week at the LDC Gas Forum’s mid-continent meeting in Chicago.

Market dynamics will override politics and the job creation and economic stimulus effects of the gas industry will prevail in the years ahead regardless of the outcome of this fall’s presidential election, according to panelists at the LDC Gas Forum’s Midcontinent meeting in Chicago Monday.

Market dynamics will override politics and the job producing and economic stimulus effects of the gas industry will prevail in the years ahead regardless of the outcome of this fall’s presidential elections, according to panelists at the LDC Gas Forum’s mid-continent meeting in Chicago Monday.

Contract drillers Helmerich & Payne Inc. (H&P) and Patterson-UTI Energy Inc. are feeling the effects of producers’ migration from dry gas to oil and liquids-rich drilling targets. Pressure pumping operations are facing market challenges, and rigs are getting more of a workout as deeper holes are being drilled more quickly, executives from the companies told financial analysts during earnings conference calls.

Contract drillers Helmerich & Payne Inc. (H&P) and Patterson-UTI Energy Inc. are feeling the effects of producers’ migration from dry gas to oil and liquids-rich drilling targets. Pressure pumping operations are facing market challenges, and rigs are getting more of a workout as deeper holes are being drilled more quickly, executives from the companies told financial analysts during earnings conference calls.

The effects of low natural gas prices are spreading to marine transportation and other potential industrial expansion in the Pacific Northwest, according to officials in the Oregon-based Northwest Gas Association (NWGA) and local media reports.

A Pennsylvania lawmaker is proposing legislation that would require real-time monitoring of all natural gas wells and pipelines in the state.

Shale development could realistically contribute a 3% annual increase in jobs in Pennsylvania through the remainder of the decade, according to research from Wells Fargo Securities LLC.

The Barnett Shale and Horn River Basin lifted Fort Worth-based Quicksilver Resources Inc. to a quarterly production record during the third quarter while the company continued to chip away at its substantial debt.