Hunting for upstream answersRampant activity has operators casting a wide net to cut costs, find rigs and roughnecks; China becomes part of solution; EnCana looks to long-term contracts for 50 percent of fleet Gary Park Petroleum News Canadian Correspondent
The crunch is so severe in North America that stories have surfaced of E&P companies turning to China to obtain rigs and roughnecks to offset soaring costs, handle a blistering upstream pace and meet production demands.
Things hit a peak in July when EnCana, North America’s leading natural gas opera....
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Chinese rigs and demonstration crews coming EnCana a key barometer
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