Migrate

The natural gas market may be in a “dire state,” but Tulsa-based contract driller Helmerich & Payne Inc. is poised to benefit as customers migrate to oil and liquids-rich shale plays where its high-performance AC-drive rigs are well suited to the more complicated work, CEO Hans Helmerich said Tuesday.

In whatever direction populations migrate, increased demand for electricity is almost sure to follow, and usually in step not far behind is increased demand for natural gas, according to analysts at Barclays Capital.

In whatever direction populations migrate, increased demand for electricity is almost sure to follow, and usually in step not far behind is increased demand for natural gas, according to analysts at Barclays Capital.

In whatever direction populations migrate, increased demand for electricity is almost sure to follow, and usually in step not far behind is increased demand for natural gas, according to analysts at Barclays Capital.

Will electronic energy traders migrate back to old standby Nymex once it begins electronic trading on the Globex system, or will the market be split, with many continuing to trade on the IntercontinentalExchange (ICE), which has offered electronic trading since early 2000? The main thing the protagonists agree on is that “it will be an interesting year.”