High volatility in the oil & gas futures markets tied to worldwide economic growth prospects and resolving the Euro debt contagion, amongst other things, has rippled through the oil & gas subsectors. The 2012 U.S. Presidential election has led to an effective “moratorium” on any meaningful regulatory changes to affect the oil & gas industry. The last 18 months in the oil patch have seen a distinct growth in liquids plays on the heels of dramatic oversupply of natural gas and surges in pricing for Natural Gas Liquids (NGLs). However, NGL prices have fallen recently due to a glut of supply, although continued production is still economic at the lower prices. Rigs have shifted from dry gas resource plays to liquids plays to take advantage of the distinct divide between prices on an energy-equivalent basis.