Poised

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.

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.

Natural gas, which had taken a backseat to numerous issues during the first three years of the Obama administration, may be poised to move toward the top of the agenda in the president’s State of the Union speech.

Thanks to shale plays and the evolving natural gas and natural gas liquids (NGL) supply-demand story, the assets of Spectra Energy Corp. and DCP Midstream LLC are poised for growth on multiple fronts, executives said last week.

Thanks to shale plays and the evolving natural gas and natural gas liquids (NGL) supply-demand story, the assets of Spectra Energy Corp. and DCP Midstream LLC are poised for growth on multiple fronts, executives told investors and financial analysts Tuesday.

West Virginia Gov. Earl Ray Tomblin appears poised to call a special session of the legislature in mid-December to discuss, and hopefully pass, a compromise Marcellus Shale regulatory reform bill.

West Virginia Gov. Earl Ray Tomblin appears poised to call a special session of the legislature in mid-December to discuss, and hopefully pass, a compromise Marcellus Shale regulatory reform bill.

The majority of Tulsa-based oil and gas exploration and production company Samson Investment Co. is poised to be bought by a private equity group led by KKR & Co. for $7 billion, making it one of the largest private-equity takeovers of all time, according to press reports.

Pennsylvania’s potential adoption of a statewide impact fee on natural gas wells is poised to take another large step forward Wednesday (Oct. 26) when the state’s Senate Appropriations Committee is scheduled to vote on Senate Bill (SB) 1100.