All-time drilling high forecast for Western CanadaGas demand driving both deeper and shallow wells, 62 percent of 18,300 wells Gary Park Petroleum News Calgary Correspondent
A wash in a gusher of first-quarter profits, Western Canada’s E&P sector seems ready to put a large chunk back in the ground.
The Petroleum Services Association of Canada, in its mid-year updated forecast, said April 24 that it now expects 18,300 wells in 2003, edging out the 2001 record by 45 well....
[additional news subjects in this story]
C$8.1 billion on drilling
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 $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 08/18/2021)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
| 