What drives exploratory drilling?
Examination of North Slope drilling history shows complex interrelationship with oil price, major discoveries and state tax changes Alan Bailey for Petroleum News
The recent havoc in the oil market as a consequence of the COVID-19 pandemic, with the curtailed Alaska exploration drilling program last winter, has prompted interesting questions regarding the long-term impact of the oil price and oil market on exploration drilling on the North Slope. An analysis....
[additional news subjects in this story]
Major discoveries and oil prices 1970s market disruption An oil price peak Production tax changes
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