Weighted

BG Group, whose global expertise is centered around natural gas, said it plans to slash U.S. drilling, as well as other global gas-weighted projects, because of low commodity prices.

Houston-based Rosetta Resources Inc. grew net income and revenues during the second quarter, thanks to more production that was more heavily weighted to liquids. Where one goes to get that in Texas — as everyone knows — is the Eagle Ford Shale. As it continues to develop its core Gates Ranch area there, Rosetta is stepping out as well.

Houston-based Rosetta Resources Inc. grew net income and revenues during the second quarter, thanks to more production that was more heavily weighted to liquids. Where one goes to get that in Texas — as everyone knows — is the Eagle Ford Shale. As it continues to develop its core Gates Ranch area there, Rosetta is stepping out as well.

Houston-based Crimson Exploration Inc. said its Woodbine and Eagle Ford shale programs continue to enjoy success, contribution to second quarter production that was in the upper range of the company’s guidance.

A Standard & Poor’s Ratings Services (S&P) analyst on Friday said low natural gas prices have negatively affected gas-weighted operators but those able to pivot to liquids should be able to stumble through 2013, when prices are expected to slightly strengthen.

A Standard & Poor’s Ratings Services (S&P) analyst on Friday said low natural gas prices have negatively affected gas-weighted operators but those able to pivot to liquids should be able to stumble through 2013, when prices are expected to slightly strengthen.

Consol Energy Inc. began its shift toward liquids in the first quarter, moving into the wet-gas portions of the Marcellus and Utica shales of southwestern Pennsylvania, West Virginia and Ohio.

Last month was the warmest March since 1950 based on natural gas-weighted heating degree days (GWHDD), with decades-old temperature records falling in cities across the United States, weather analysts said Monday.

Linn Energy LLC has agreed to pay $175 million for 19,800 contiguous net acres in East Texas that it said will provide about 24 MMcfe/d of production, weighted 97% to natural gas. The deal is expected to close by May 1.