Archive | Global and Regional Markets
Outlook 2012: Despite recession fears, industry on track for promising-to-bullish year
Posted on 08 November 2011 in 2011, Features, Global and Regional Markets, November/December
Amid macro-economic uncertainty and market volatility, analysts are putting the industry on a promising-to-bullish track for 2012 as oil prices remain solid, rig counts rise…
Mediterranean drilling looks to promising recovery on the horizon
Posted on 08 November 2011 in 2011, Features, Global and Regional Markets, November/December
Situated at the crossroads of Europe, Africa and Asia, the Mediterranean is a microcosm of how geopolitical and economic events can impact oil and gas recovery…
Australia embarks on coal seam gas, the next E&P frontier Down Under
Posted on 21 September 2011 in 2011, Features, Global and Regional Markets, September/October
A steady producer of oil and gas in conventional onshore and offshore fields, Australia is looking to new and unconventional resources to chart its future …
Tax increase hits UK North Sea sector hard
Posted on 14 July 2011 in 2011, Global and Regional Markets, July/August
Warp back to the first few weeks of 2011 and it looked as if Northwest Europe was set for a vintage year, so long as oil prices remained robust and there were no “left-of-field balls” to…
European shale gas: a long road ahead
Posted on 14 July 2011 in 2011, Global and Regional Markets, July/August
Shale gas has revolutionized the North American natural gas landscape over the past few years. Across the pond, with the European Commission projecting that…
Analysis: Global land rig demand may reach 7,300 by 2015
Posted on 04 May 2011 in 2011, Global and Regional Markets, May/June
According to Douglas-Westwood analysis, total onshore drilling demand may reach a requirement for more than 7,300…
Brazil: On the straightaway in an energy marathon
Posted on 21 March 2011 in 2011, Features, Global and Regional Markets, March/April
Any casual observer in Brazil could say that, with helicopters transporting modular rigs on land in the Amazon and the huge ultra-deepwater rigs dotting the seascape, it looks as though the country has met with an…
No slump in sight for Asia Pacific drilling
Posted on 28 January 2011 in 2011, Features, Global and Regional Markets, January/February
Vietnam, Australia, Indonesia among strong drilling markets keeping utilization, rates stable in this region. As 2011 begins, the Asia Pacific region is experiencing a change in the drilling climate. Deepwater, already driving increased expenditures in 2011, will figure more in exploration activity…
Bahrain, Abu Dhabi gear up for planned expansions; Maersk looks to smart completions for Al Shaheen
Posted on 08 November 2010 in 2010, Features, Global and Regional Markets, November/December
Higher oil prices are contributing to an environment of stability in the Middle East and, in some areas, operators are seeing an increase…
Underbalanced drilling helps PDO find gas in tight reservoir after 11 unsuccessful wells
Posted on 08 November 2010 in 2010, Global and Regional Markets, November/December
Deep-gas exploration wells in the Fahud Salt Basin in North Oman were traditionally drilled with high mud weights. Due to this conventional drilling…
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