December 2013
News & Resources
Industry at a glance
Industry at a glance
Vol. 234 No. 12
A sharp drop in West Texas Intermediate crude oil prices was not matched by either Brent Blend or Dubai Fateh, as stronger-than-expected European demand kept prices buoyed on that side of the Atlantic. Once again, a drop in OPEC crude production was more than offset by rising output outside the organization. Natural gas prices slipped on the Henry Hub, settling in the mid-$3 range, while production continued to trend upward. The U.S. Rotary Rig Count continued a steady year-long decline to around 1,740 rigs, 5% below the same period in 2012. Internationally, the rig count rose once again, with improvements on land and offshore.
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- 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)