Press Esc to close



For full content view: Log in Now!

  • Industry at a glance

    Crude oil prices dropped to four-month lows in October, reflecting pessimism about the global economy. West Texas intermediate averaged just under $90/bbl for the month. The estimate of fourth-quarter 2012 global oil demand has been trimmed to 90.1 million bpd by EIA, partly reflecting the impact of Hurricane Sandy in the U.S. Natural gas prices rose to more than $3.30 on the Henry Hub. U.S. crude production rose once again, led by Texas and North Dakota. The latter is up almost 50% over the same time last year. Rotary rigs running in the U.S. fell for the third straight month to 1,834. Worldwide, the rig count held steady at around 1,600 units running.

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