Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
According to IEA, further OPEC cuts and OECD production outages led to a 265,000-bopd decline in March world oil supply to 85.3 million bpd. EIA, however, estimates that OPEC increased production by 162,000 bopd. Global demand was revised down to 85.8 million bopd.
The international rotary rig count dropped sharply in March, due to a seasonal decline in Canada. Note that Canada dropped a whopping 38%, after decreasing only 13% at this time last year. In fact, this was the largest Canadian decline in the month of March since 2002.
Forecasters at Colorado State University reported that the Atlantic basin hurricane season will likely be “very active,” though not as threatening as 2004 or 2005. API will release new offshore engineering standards by June, taking into account findings that waves are much larger in certain parts of the Gulf of Mexico than others.
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.