Faster

Sharp declines in onshore conventional natural gas activity and a more “permanent” shift to liquids plays may bring about a faster reset in the gas market than the futures strip implies, Credit Suisse analysts said Wednesday.

North American producers plan to target their 2012 capital expenditures mostly to oil and liquids-rich basins, with the Permian Basin and West Texas leading the list, according to a new spending survey by Barclays Capital.

The market for products and services to support companies plying shale gas basins in the United States will grow to about $50 billion annually in 2015 as development continues in the Marcellus, Haynesville, Fayetteville and other shale plays, according to a recent study.

Anadarko Petroleum Corp. keeps drilling faster all the time, particularly in the Rocky Mountains, the southern and Appalachia regions, according to the company’s latest operations update. Second quarter earnings got a lift from record sales volumes of liquids production.

Anadarko Petroleum Corp. keeps drilling faster all the time, particularly in the Rocky Mountains, the southern and Appalachia regions, according to the company’s latest operations update. Second quarter earnings got a lift from record sales volumes of liquids production.

North American natural gas producers have the geological resource, know-how, equipment and motivation to grow supplies faster than organic market demand, and with those drivers in place, this year will be a repeat of 2010, Barclays Capital analysts said last week.

North American natural gas producers have the geological resource, know-how, equipment and motivation to grow supplies faster than organic market demand, and with those drivers in place, this year will be a repeat of 2010, Barclays Capital analysts said Monday.

Social media that consumers seem to have adopted faster than they originally took to other electronic communications staples — Facebook, Twitter, Blogs and YouTube — were added to Xcel Energy’s utility tool kit as the utility holding company publicly launched its own social media platform Thursday.

Hundreds of thousands of gallons of crude oil were befouling the Gulf of Mexico (GOM) last week far faster than 2,000 emergency responders and hundreds of vessels could contain the mess created by the apparent blowout of a deepwater well just 42 miles southeast of Venice, LA.