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Vol. 11, No. 26 Week of June 25, 2006
Providing coverage of Alaska and northern Canada's oil and gas industry


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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