Press Esc to close



For full content view: Log in Now!

  • North American drilling: Is the sky the limit?

    World Oil staff, R. Curran and S. Galina Hidalgo

    UNITED STATES Well, it’s becoming obvious that the promise, "If we just get one more boom, we won’t $*#@ it up this time," just cannot be kept. Some combination of greed, ingenuity and market forces – and especially $75 oil – compels folks to scrape together whatever rigs they can, borrow money to build new ones, and drill, drill, drill. One thing is clear: The double-digit increases that we now see cannot be sustained. The best we can hope for is a soft creaming of the growth curve, back to single-digit growth, something that we can live with indefinitely. Overall though, the first half of this year shows the boom on a straight line to the sky. As we digested the numbers, state-by-state, district-by-district, there were some "disconnects" found, between what was, and what should be. Operator surveys. This update of World Oil’s February survey includes 18 major US drillers (integrated companies and independents with large drilling programs) and 158 independents.

This area of the site is restricted. In order to gain access, please either Log In, or subscribe to World Oil.

Two options are available to you for creating an account.

1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.

Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.

Free Trial

2. Purchase a subscription to World Oil magazine and gain immediate and complete access to World Oil Online. As a Total Access subscriber you will have access to all areas of the site available to registered users and free subscribers as well as having access to such premium content areas as:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.

If you are already a paid subscriber and do not have access, please email



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology