Press Esc to close



For full content view: Log in Now!

  • International

    Kurt S. Abraham, Managing/International Editor

    Upstream activity remains disconnected from prices. When our readers and industry friends ask us where E&P activity levels are headed, we try to give them a short-term forecast based on supply-and-demand levels, and oil and gas price trends. Sometimes, we factor in overriding political issues or major news stories that rule the day. Occasionally, we run into periods where there are no good reasons for activity to be up or down. Right now is one of those strange periods. When was the last time that West Texas Intermediate and natural gas spot prices in the U.S. stayed consistently at or above $25/bbl and $3/Mcf, yet most E&P stats remained in the doldrums? Ah, you can’t answer that one, can you good reader, because these are not normal, reasonable times. What is underway at present is a distinct "disconnect" between price levels and industry behavior.

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