Contents MARCH 2016 Volume 59 No. 3 THE ISSUE What factors are emerging as potential market game changers? For natural gas, the answers are Gas Industry found in a trio of high-impact sectors that are Strategies creating significant new demand base load. March's Gas Industry Strategies reports explain how developments in petrochemicals, electric generation and liquefied natural gas exports are on course to make gas market waves. Meanwhile, the global oil market increasingly is signaling that a rebalancing is under way. A special Market Analysis report looks at the realities behind key supply and consumption variables, including a free fall in U.S. shale output and annual demand growth that continues to clock in well above 1 million barrels a day. Elsewhere, part three of the Unconventional Resource Science reports opens with a look at the technology-based strategy Hawkwood Energy is deploying to target multiple stacked plays in East Texas. Association news includes Official Convention Sections for PIOGA and the Texas Alliance, as well as coverage of IOGAWV and LOGA conventions. Cover photo courtesy of Ariel Corporation and Energy Transfer Partners L.P. MARCH 2016 The "Better Business" Publication Serving the Exploration / Drilling / Production Industry 20 1 A 6M n Pa aly ar ge s ke 32 is t Page 42 Gary E. Slagel Chairman PIOGA "Chapters 78/78a regulations incur significant costs, particularly when the industry can ill afford additional burdens." Page 80 George Rogers Chairman TAEP "Alliance member companies have a lot of great leaders, and most of them have been through these cycles before." Page 86 NEWS 16 | State Regulations: Oklahoma orders reduction in disposal volumes; Wyoming finalizes flaring rules; North Dakota delays plugging requirements for marginal wells; Green groups urge EPA to revoke Texas' primacy 18 | Endangered Species: IPAA pursues burying beetle delisting 28 | State Legislative: Fiscal shortfall impacts New Mexico Legislature; Pennsylvania budget a political battleground; West Virginia repeals severance tax 83 | Local Control: Federal court case imperils township bill-of-rights case 105 | Colorado: New rules elevate local input 107 | Federal Regulations: U.S. Supreme Court stays EPA Clean Power Plan; E&E Legal alleges outside influence 108 | Federal Lands: DOI suspends coal leasing OFFICIAL CONVENTION SECTIONS 80 | PIOGA: Industry braces for revamped drilling regulations 86 | TAEP: Reorganization offers opportunity to refocus CONVENTION COVERAGE 92 | IOGAWV: Producers persevere and prepare for tomorrow 97 | LOGA: Haynesville operators doubling EURs COLUMNS 25 | Tech Connections 27 | Washington Watch