June 2013
News & Resources
Industry at a glance
Industry at a glance
Vol. 234 No. 6
Worldwide oil production dipped 200,000 bpd during April. OPEC nations increased output by over 550,000 bopd, while OECD and non-OECD nations slipped. WTI crude remained around $93/bbl, with a monthly high of $96/bbl. Brent blend inched upward, starting May at $98/bbl and finishing at $102/bbl. Henry hub prices had a disappointing month, moving from $4.31/Mcf to $4.10/Mcf. The U.S. rig count grew slightly, but it is still down compared to last April, which saw 200 more active units. The international rig count remained flat this month, but grew by almost 100 units over April 2012. International offshore rigs remained flat.
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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)
