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SPECIAL REPORT: OTC speakers see new era for the oil and gas industry

05/07/2007
This report was reported and written by Judy R. Clark, senior associate editor; Paula Dittrick, senior staff writer; Uchenna Izundu, international editor; Steven Poruban, senior editor; Nina M. Rach, drilling editor; Guntis Moritis, production editor; and Angel White, associate editor.The oil and gas industry has entered a new era characterized by diversity of energy supply, market uncertainty, and changing roles for oil companies, said speakers at the Offshore Technology Conference in Houston Apr. 30-May 3.Among key elements of this new era are alternative energy sources subsidized by governments, increased concern about global climate change, soaring exploration and production costs, su...
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