May 2012
News & Resources
Industry at a glance
Industry at a glance
Vol. 233 No. 5
A crude oil supply tightening that began in mid-2009 has shown signs of turning around in first-quarter 2012, suggesting that a buildup of oil stocks may begin to put downward pressure on prices. Nevertheless, crude hit significant highs in March, buoyed by the possibility of supply disruptions. U.S. production rose again, while world crude production slipped both inside and outside OPEC. The international rotary rig count dropped by some 200, while in the U.S. rig count softened, though still remaining 15% ahead of this time last year. Workovers continued to climb, showing modest gains in most parts of the country.
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- Applying ultra-deep LWD resistivity technology successfully in a SAGD operation (May 2019)
- Adoption of wireless intelligent completions advances (May 2019)
- Majors double down as takeaway crunch eases (April 2019)
- What’s new in well logging and formation evaluation (April 2019)
- Qualification of a 20,000-psi subsea BOP: A collaborative approach (February 2019)
- ConocoPhillips’ Greg Leveille sees rapid trajectory of technical advancement continuing (February 2019)