Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
The most important variable that drives our industry is oil prices. While oil prices hit a peak last year and have since declined slightly, we are still well above historical levels. We have enjoyed a very busy year with our existing clients, plus the addition of quite a few new ones. Most of the new ones are smaller companies just getting into the oil and gas industry, and they need a lot more help with the understanding of how reserves are reported.
Although oil and gas prices have fallen and have taken some of the glow off planned investments, price stability going forward will be important, so that existing, upbeat trends are not damaged. We expect oil prices to maintain a $50-$60/bbl range in 2007 and the near future.
Equipment/ service sector prospers. The equipment/ service firms have also seen a very high demand for their services.
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.
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:
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 CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Kuala Lumpur - March 25-28
The Woodlands, TX - April 1-3
Houston, TX - April 6-9
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.