Service sector faces summer heat
Fallout from slump in gas prices forces drillers to lower well completion forecast by 9%; major producers ready to take advantage
By Gary Park
For Petroleum News
A sticky summer lies ahead of Canada’s service sector with the forecast well count for 2006 trimmed by 9 percent and the dive in natural gas prices taking a bite out of rig rates.
The Canadian Association of Oilwell Drilling Contractors delivered some of the most troubling news when it lowered its w....
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CBM permits flat
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