US 2004 well outlook up; Canada to slip on rig utilization

01/26/2004
Drilling in the US should pick up modestly in 2004 from a strong showing in 2003.Canadian drillers posted that country's first year of more than 20,000 wells in 2003 and look likely to make hole at almost as fast a pace this year.Both countries started off with strong rig counts in the first weeks of 2004. OGJ looks for marginal increases in drilling in the Gulf of Mexico off Texas and Louisiana this year even though the number of rigs operating in the gulf was slightly lower in 2003 than in 2002.Unconventional gas plays in low-permeability sands and shales dominate the rig count and the number of wells being drilled in US onshore areas (OGJ, Dec. 8, 2003, p. 34).Here are highlights o...
read-story

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