Flicker of optimism in Canada’s updated drilling forecasts for 2002Petroleum services sector raises target by 4 percent, but concern is E&P companies sitting tight on spending until gas price outlook clearer Gary Park PNA Canadian Correspondent
Sturdier commodity prices and a drop in drilling costs have produced the first glimmer of a turnaround in Canada’s exploration sector in many months.
The Petroleum Services Association of Canada has raised the bar for this year, forecasting 14,000 well completions, 614 wells higher than its start-o....
[additional news subjects in this story]
Supply crunch
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583 [email protected] --- http://www.petroleumnews.com --- S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
|