Press Esc to close

WorldOil

CONTENT PREVIEW

For full content view: Log in Now!

  • World Oil's editorial advisors analyze upstream results for 2008, forecast activity and issues for 2009


    Edited by David Michael Cohen, Managing Editor

    The roller coaster ride that was 2008 has left the E&P industry shaken by fluctuating prices, a global credit crunch and an unpredictable political landscape. Yet opportunities abound amid the uncertainty. The rapid rise, then fall of crude oil prices, the global credit crisis, the expiration after 26 years of the US offshore drilling ban, and sweeping Democratic presidential and congressional victories in the US make predicting industry developments in 2009 extremely difficult. As one of our E&P experts said with regard to oil and gas prices, if you hear a prediction, “immediately grab your wallet and run for the door.” Our industry experts see great opportunities opening up with the end of moratoria on development of the Outer Continental Shelf, but urge immediate and sustained lobbying and public education efforts to avoid reinstitution of the ban by the new Democratic US Congress and president. Other possible US legislation that could impact the industry includes higher royalties and the imposition of a carbon-trading regime.

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!

Subscribe


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.

WO DATA HUB

EngineeringTablesIcon-Large

Engineering Data Tables

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

WO SUPPLEMENTS

2013 Fracturing Technology

2013 Fracturing Technology

ENERGY EVENTS