February 1998 ///

Special Focus

International: Canadian outlook

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

Third year of double digit growth

United States: Crude oil prices

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

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

What a year this will be

Features

Development ratio evolves as true measure of exploitation

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

Departments

New equipment

New literature

Columns

Editorial Comment

Drilling imperiled, Saddam's gas, Clinton's bogus global warming "experts"

What's happening in drilling

Drilling COPS identifies industry needs; Possible record for liner depth

What's happening in production

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