Robust drilling leads global activity forward ///

Given the high levels of activity in recent years, many professionals in the global, upstream oil and gas industry may not have noticed that the strong growth trend of the previous three years took a bit of a hiatus during 2013. Worldwide drilling declined about 3,000 wells, or 2.9%, while oil and natural gas reserves eked out very small gains. Global crude and condensate production posted a modest increase of just under 350,000 bpd, which was 0.4% higher.

Log in to view this article.

Not yet a subscriber?  Find out more and subscribe today! 

Already a subscriber but don’t have an online account? Contact our customer service.



*Access will be granted the next business day.