Future US Onshore Growth Depends on a Higher Price
Strong US production growth and rising oil prices no longer look incompatible. With a lot less oil in storage, the production is needed to meet growing demand and cover the cost of added output.
Oil and Gas Acquisitions Ready To Grow
Oil industry acquisitions appear ready to increase in 2018 and shift from survival strategies toward growth objectives, according to key business observers at global professional services firm EY.
Service Companies Encouraged by Pickup in Business
Full-year 2017 and fourth-quarter financial results show an improving picture for the industry’s three largest oilfield services companies. After 3-plus years of cutbacks, the service sector outlook has turned relatively positive.
SPE Technical Directors See a Challenging, Interesting, and Scary Future
The technical directors’ special session at SPE’s Annual Technical Conference and Exhibition presented challenges on the E&P frontier in an industry grinding through a period of deep cost reductions.
Profits Possible at Low Oil Prices But Tough Changes Required
Low oil prices look like something the industry needs to get used to. “This will be with us for a while,” said Rex Tillerson
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12 February 2019
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