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What will be the next big thing in the North American oil patch? Look to “some things old, something new.”
The head of the world’s largest oilfield service company says the world could face a medium-term supply deficit given today’s reserves depletion rate and falling exploration spending.
MPD system enables operator to save time and money.
North America revenue grew by 6% to $1.9 billion, while international revenue dropped by 7% to about $4.9 billion compared with the previous quarter.
For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.
In this episode of Political Sidetrack, a roundtable of three experts discusses the impact of these bans and concerns about future efforts to restrict fracking.
Proposal for coast-to-coast gas pipeline mocked; shipping LNG from west to east called cheaper.