With 92 jackups and 62 floaters currently being built, the industry will have a tough time finding and training the estimated 19,750 employees needed to operate those rigs.

A study by Wood Mackenzie predicts drilling activity in the Caspian Sea will increase, bumping up the number of wells by nearly 40% by 2020 amid a tight rig market.

A report by Ernst & Young called Africa a growing part of the global gas picture with bright prospects. However, certain regions still face challenges.

If the world’s third-largest oil exporter overcomes an array of challenges, the International Energy Agency predicts the Middle Eastern country could more than double its oil supply within about eight years.

A polymer, which replaces guar in fracing fluid, has been utilized by Halliburton in Magnum Hunter’s wells in the Eagle Ford, resulting in higher flow back and improved production.

The move from fossil fuels to renewable energy has been delayed by the shale revolution since the commercial imperative in the marketplace was changed.

A normal winter in Canada is predicted to lead to reduced natural gas exports, a move that could have increased US production fulfilling additional demand south of the border.

A report released recently by GlobalData highlights Colombia’s recovering oil and gas industry, which has made more than 135 discoveries in the past five years following years of declining exploration activity.

A report shows production of NGLs could increase by 15% in 2013.

A report by Bernstein Research suggests a progression from onshore to deep water for oil based on current trends, deepwater potential, and a willingness to spend more on deepwater upstream activity.