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FEBRUARY 1998 Issue

FEBRUARY 1998

Special Focus

International: Canadian outlook

R. Curran
Uncertainty clouds fundamental strengths of Canada's industry
International: Offshore drilling

Rig shortage controls upturn
International: Worldwide drilling

Activity may hit a logistical limit
Outlook '98: Strong Activity Continues

Archive February 1998 Vol. 219 No. 2 Outlook '98 A Special Report on the Oil Outlook from World Oil A Preview to the Forecast Review I
United States: '98 E&P spending

G. B. Kieburtz, M. S. Urness, H. Anderson, M. Epstein
Third year of double digit growth
United States: Crude oil prices

M. R. Simmons
Facts don't support weakening market
United States: Drilling/producing depths

Ten depth records set/ broken
United States: Producing gas wells

Well numbers level off
United States: Producing oil wells

Ups and downs balance out
United States: U.S. drilling

The momentum will continue
United States: U.S. gas outlook

L. V. Parent
Prices may soften a little
United States: U.S. production

Crude drops again, gas is up
United States: U.S. reserves

Gulf discoveries sustain nation's reserve base
United States: U.S. rotary rigs

Upward trend continues
United States: Washington in '98

C. D. Matthews
What a year this will be

Features

Development ratio evolves as true measure of exploitation

J. Laherrère
The percentage of discoveries put into production is a more useful parameter than development lag, or years from discovery to production
Technology at work: Proven techniques slash E&P costs

Offshore coiled tubing drilling * Hydraulic workover unit in Cook Inlet * Articulated arm handles power tongs * Phillips uses networked system at Ekofisk * Crosswell seismic for reservoir analysis

Columns

Editorial Comment

R. W. Scott
Drilling imperiled, Saddam's gas, Clinton's bogus global warming "experts"
What's happening in drilling

J. John Grow, Engineering Editor
Drilling COPS identifies industry needs; Possible record for liner depth
What's happening in production

Thomas R. Wright, Jr., Editorial Director
ARCO Alaska brings on West Sak field; Elf to develop Virgo in U.S. Gulf

News & Resources

Companies in the news
Industry at a glance

Archive February 1998 Vol. 219 No. 2 Industry Stats  International Geophysical Activity International
Looking ahead

Budget increases for several companies; Canada's first offshore gas
Oil country hot line

MMS finalizes royalty relief; Thailand action threatens Unocal project
People in industry

Departments

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