Compliled and edited by KURT S. ABRAHAM, Executive Editor
As we expected 12 months ago, 2013 has been another healthy year for the global upstream industry, albeit on something of a plateau in North America. Despite a recent, gradual decline of about 10%, oil prices have remained strong enough to sustain most projects underway or planned, worldwide. Some trends are a continuation of previous activity direction, as in operators focusing on oil and reducing gas drilling in North America, or NOCs and their partners ramping up projects in the Middle East. Other trends are new, within the last year, as in operators selling off increasingly larger chunks of non-shale assets in North America, so that they have more cash to focus on development of production in specific shale plays. Deepwater exploitation is also a growing core activity, as activity builds back in the Gulf of Mexico. Reflecting on these factors and others, in the context of their own segments of the industry, the members of World Oil Editorial Advisory Board—representing the full spectrum of E&P expertise—present their analysis and predictions for 2014.
Russia to dominate 2014 exploration numbers
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DR. WILLIAM J. PIKE, Managing Consultant and Contractor, National Energy Technology Laboratory, and Chairman, World Oil Editorial Advisory Board
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Challenges remain in exporting North America’s shale experience
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D. NATHAN MEEHAN, Senior Executive Advisor, Baker Hughes Incorporated
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The Pied Piper(s) … in Washington
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ROBERT E. WARREN, President, Baclenna, Inc.
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Full speed ahead?
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SVEIN TOLLEFSEN, Manager, Reservoir Technology, Statoil ASA
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A call to action
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KEITH W. LYNCH, Global Completions Chief, ConocoPhillips Company
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Chevron in 2014 - A few insights
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BEN BLOYS, Manager, Los Alamos Technology Alliance, Chevron Corp.
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Service/supply sector will be called on to do even more
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CHARLES E. JONES, former President, Downhole, Drilling and Subsea, Forum Energy Technologies; and Chairman, Petroleum Equipment Suppliers Association (PESA)
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Was the government shutdown key to breaking Washington’s worst stalemate?
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DICK ALARIO, Chairman, President and CEO, Key Energy Services; and Chairman, National Ocean Industries Association (NOIA)
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The Next Wave and the next wave
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ART J. SCHROEDER, JR., CEO, Energy Valley, Inc.
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Iraq: Still hanging in there
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DOUG NESTER, COO, KOGAS Akkas B.V.
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Paradoxes to remain in prospect for UK Continental Shelf
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ALEXANDER G. KEMP, Professor of Petroleum Economics, University of Aberdeen
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