It is getting harder to find land drilling rigsDemand for drilling services is on the verge of outstripping supply as the U.S. land market tightens Richard Mason Publisher Land Rig Newsletter Richard Mason is publisher of The Land Rig Newsletter, a monthly publication that provides trends analysis for the land-based contract drilling sector of the oil and gas industry. He previously worked as a field historian for the Texas Tech University archives, collecting historical materials on petroleum, agriculture and irrigation development in the American Southwest.
He is a 1974 graduate of Ohio University with a Bachelor of Arts degree, with honors, in history. A simple question for the E&P firms out there. Got your drilling rigs lined up for 2004?
If not, it may be an agonizing second half of 2004 while prospects lie fallow, waiting on rigs during a period of extraordinarily high oil and gas prices.
It is getting harder to find land drilling rigs as the c....
[additional news subjects in this story]
Rising rig rates Segmentation in operating community Industry at junction
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 11/06/2019)
|
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 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.
| 