Tag: upturn
Global oil/gas exploration likely to return to profitability in 2017 – Wood Mackenzie
High-cost frontiers like ice-impacted offshore Arctic, extreme high pressure/high temperature plays, will be shunned – Wood Mackenzie A new study by Wood Mackenzie on what to expect from global oil and gas exploration in the year ahead Global Exploration: What to look for in 2017 shows that exploration should return to profitability in 2017 after five […]
US gas production shows tentative signs of upturn: Kemp
Big drilling increase during Sept., Oct. should result in further gas production gains during remainder of 2016 By John Kemp US natural gas production may be stabilizing or even starting to rise as the boost to oil and gas prices in recent months stimulates an increase in new drilling. Marketed dry gas production amounted to 2,239 […]
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