Survey: Energy companies report ‘alarming’ surge in North American finding costsJohn. S. Herold survey suggests U.S. and Canada becoming ‘uncompetitive,’ recommends E&P companies shift focus to international upstream activities Gary Park PNA Canadian Correspondent
The ever-spiraling costs of replacing oil and natural gas reserves in the United States and Canada are pushing the industry into an uncompetitive realm and forcing companies to pay greater attention to overseas opportunities, according to a survey of 200 leading global energy companies.
Energy rese....
[additional news subjects in this story]
International finding costs lower Finding and development costs up Profitability remains strong
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
|