Issue: February 2009
And what the fundamentals say about 2009.
Outlook 2009 U.S. Production
The hardest-hit areas are mostly where NOCs are not, such as the US and Canada. Many NOCs are cash flush, but some IOCs and independents need credit.
All one hears is talk of low prices, slashed budgets and depressing economic tidings across the globe.
The next generation of High-Pressure, High-Temperature (HPHT) well designs forges ahead with advancements in material testing, heavy load handling and technology.
U.S. Producing Gas Wells
2009 Producing Oil Wells
2009 U.S. Reserves
2009 U.S. Rotary Rigs
Deploying a small, inexpensive, energy-efficient treatment system for contaminated groundwater in a remote area presented many challenges for the operator.
Outlook 2009 North American Gas
The US will see the sharpest decline, dropping 26% to $79 billion.
The next generation of High-Pressure, High-Temperature (HPHT) well designs forges ahead with advancements in material testing, heavy load handling and technology.
As new liquefaction capacity clashes with stagnant LNG consumption, a short-term glut is imminent. The industry could get a boost, though, from Europe’s efforts to limit dependency on Russian gas.
Crystal balls
Africa. Heritage Oil made a large oil discovery with its Giraffe-1 exploration well drilled on Block 1 in the Lake Albert region of Uganda.
Outlook 2009: Energy change coming
Companies in the news
Meetings and Events
New Products
People in the Industry
StatoilHydro restarts Kristin production Norway’s StatoilHydro has restarted production at the Kristin gas field after a two-week shutdown to replace faulty lifeboats...