Remember me | Forgot password
For full content view: Log in Now!
A year ago, I wrote that ExxonMobil had decided not to compete for new international opportunities because the global environment had become overly competitive and over-valued (“Winner’s Curse,” World Oil, April 2008). A review of recent investor presentations by Chevron, Shell, BP and ConocoPhillips suggests that the other international oil companies have adopted similar positions. The upstream portfolios of the majors are dominated by exploitation of existing assets, new field startups, LNG and oil sand projects, and onshore North American tight gas and shale gas plays. While the major oil companies occasionally participate in remote or ultra-deepwater international bid rounds, smaller independents such as Heritage Oil Ltd. and Tullow Oil PLC are making substantial discoveries in areas that the majors evaluated in the past and apparently dismissed.
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.
Noordwijk - June 5-7
San Antonio, TX - June 6-6
London - June 10-13
All material subject to strictly enforced copyright laws.
© 2013 World Oil. © 2013 Gulf Publishing Company.