April 2003
News & Resources

Industry at a glance

Vol. 224 No. 4   Still supportd by high oil and gas prices, activity levels are improving in the oil patch. Spurred by increases in Alaskan and Californian production for February, US crude output levels rose from last mo

Industry Stats
Vol. 224 No. 4
 

Still supportd by high oil and gas prices, activity levels are improving in the oil patch. Spurred by increases in Alaskan and Californian production for February, US crude output levels rose from last month, but were still below those of 2002. The end of the strike in Venezuela heralded a climb in its daily output of nearly 51% from last month’s levels. OPEC production levels were up nearly 6%. Ecuador and Egypt’s output levels dropped, but nearly every other country’s level was up. Algerian production soared 73.5 b over 2002. The US rotary rig counts jumped 6.2% from 854 in 2002 to 907 in 2003. Seismic crew counts are flat with last month, still down significantly from last year. The international rig count jumped from December’s lackluster, 1,100± mark to 1,306.

   Monthly US Gas Prices & Trends Graph      World Oil Production Table
US Geophysical Activity Table Selected World Oil Prices Graph
US Rotary Drilling Rigs Graph International Geophysical Activity Table
US Rotary Drilling Rigs Table International Rotary Rig Graph
Workover Rig Graph International Rotary Rig Table
Workover Rig Table International Offshore Rigs Table
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