Negative impacts of historically low drilling activity reverberate across the oil and gas industry

8/9/2020

From bankruptcies and asset fire sales to job losses and record declines in crude production, drilling activity levels not seen since 1940 are affecting every corner of the oil and gas industry. World Oil editors Kurt Abraham and Cameron Wallace explore this new low-output reality, how companies large and small are maneuvering to survive, and the potential effects of emerging political and grasroots action.

 

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