Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
High-flying volatility is a nemesis to planning ahead for the long haul. Teetering is not a good game plan. A lot will depend on the strength of the economic recovery and the Federal Energy Regulatory Commission's (FERC's) ability to keep the players from gaming the system. The outlook in 2004 is for wellhead prices to average close to $5.00/MMBtu.
We're on a roll with well drilling and reserve additions, if the addition numbers are accurate. But if we are to match supply with projected demand for the rest of this decade, we'd best be getting on with the program. Drilling is up and is likely to stay up as efforts are being made to ease some restrictions that have plagued the business. Look for a possible record year in drilling in 2004. On the flip side is the notion that there is a dearth of attractive prospects.
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.