US, Canada drilling to post increases in 2004

Drilling in the US and Canada is on course for gains in 2004.Continued high oil and gas prices have buoyed the number of working rigs and caused some operators to pad early-year capital spending budgets.The number of rigs active in the US on average was 18.5% larger in the first 5 months of 2004 than in the same period of 2003. Texas District 4, a 14-county area between Corpus Christi and the Rio Grande, was the only Texas area besides state waters to show a year-to-year decline in the period. Click here to enlarge imageIn Canada, the Petroleum Services Association of Canada boosted its 2004 well forecast to 21,660 wells at the end of April.Baker Hughes Inc. reported that the average num...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected