Industry at a glance
Vol. 224 No. 5 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
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. |
- 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)
