August 2003 ///

Special Focus

Africa: Africa is unstoppable

Upbeat exploration results in the west and north, mounting natural gas reserves in the northeast, highly prospective acreage and increased investment combine to make Africa the destination on everyone's list

Far East: Energy demands spur developments

Reviving economies and modernization are increasing demands for both domestic output and oil and gas imports from neighboring countries

FSU/Eastern Europe: Reform in Russia leaves unsolved problems

Despite apparent positive changes in Russia's investment climate in Russia, E&P investors should continue to carefully consider substantial legal risks

FSU/Eastern Europe: Sustained growth is finally achieved

Production declines are a thing of the past, allowing the larger producers to consider how far their output can grow

Middle East: A steady pace continues

Higher oil prices have reduced budget deficits, but the invasion of Iraq weakened economic growth. Foreign investment has been delayed, and economic reforms are moving at a very slow rate

North America: Drilling activity will soar

Strong oil and gas prices finally produced results during the first half. US and Canadian operators will boost gas drilling further to exploit higher prices

South America: Against all odds, the continent marches forward

Despite political instability in many countries, energy sector investment remains strong

South Pacific: Offshore developments stressed

International operators are being offered licenses to find/ develop more reserves offshore, particularly gas, to supply expanding markets

Western Europe: The downward trend continues

Despite strong oil prices, declining drilling, production and reserves all reflect a mature North Sea

World Trends

Most regions will do better

Features

Offshore Europe will examine leadership, technology tactics

Attendees will be looking at new ways to address the significant challenges facing the global offshore industry, particularly in mature basins

Petroleum Technology Digest: Two-piece, flow-thru plunger offers benefits for unloading gas wells

Production increased and chemical costs were eliminated

Remedial sand control options using vent screen gravel packing

Using coiled tubing with dual string gravel packing techniques can replace rotary rigs on many remedial jobs

Single-trip completion system reduces sand control cost

Two reduced-trip completion methods were merged into a single-trip sand control system that improves operations

Columns

Drilling advances

Executive Eng. EditorNew IADC handbook; Tension riser system

Editorial Comment

Gulf's new Chinese magazine; Farewell to all

Oil and gas in the Capitals

Spencer Abraham and Alan Greenspan become natural gas advocates

What's new in exploration

Solution to marine fouling? Colombia's Gibraltar discovery; Giant discovery

News & Resources

Industry at a glance

Vol. 224 No. 8   Sensing an opportunity to seize market share abdicated by Iraq, producers in the Former Soviet Union have been ramping up their oil production. FSU output averaged between 10.11 and 10.16 million bopd dur

World of Oil

Vol. 224 No. 8  KURT S. ABRAHAM, MANAGING/INTERNATIONAL EDITOR   Click Here for Kurt's Opinion Iraqi oil sector takes steps toward normalc

Supplement

03-08_outlook_FSUEasternEurope_fig2.htm (Aug-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

03-08_outlook_MiddleEast_fig2.htm (Aug-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

03-08_outlook_NorthAmerica_T2.htm (Aug-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

03-08_outlook_WesternEurope_fig3.htm (Aug-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

03-08_outlook_WesternEurope_fig4.htm (Aug-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.