Winter ‘toast,’ drillers see crumbs for 2008Canadian drilling contractors expect rig utilization to hit lowest ebb since 1986-92; braced for further revisions once oil and gas industry understands Alberta's royalty hike Gary Park For Petroleum News
Even without knowing the detailed impact of higher oil and gas royalties in Alberta, Western Canada is heading into its crucial winter drilling season in deep trouble and faces what the Canadian Association of Oilwell Drilling Contractors says will be a “sub-economic” year.
CAODC President Don Herr....
[additional news subjects in this story]
Rig rate forecast at 34%
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.
| 