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


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


New equipment

New literature


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