1988: A good year, if prices hold

Journal Article · Mon Aug 01 04:00:00 EDT 1988 · World Oil; (United States)

OSTI ID:6322193

Maciej, H

This article summarizes the 1988's North American oil market. Some of the highlights are: average rig count for the year should range between 1,010 and 1,020 units; Canadian survey shows E and P expenditures could be up over 20%; drilling in Canada will also be spurred by government incentives expiring in '88; Pemex will double Mexican activity due to a marked E and P budget increase; and last half U.S. wells/footage should post good gains if prices settle around $15.

• Research Organization: Canadian Petroleum Association, Calgary, Alta (CA)
• OSTI ID: 6322193
• Journal Information: World Oil; (United States), Journal Name: World Oil; (United States) Vol. 207:2; ISSN WOOIA
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002* -- Energy Planning & Policy-- Petroleum
BUDGETS
CANADA
DEVELOPING COUNTRIES
DOCUMENT TYPES
DRILLING RIGS
ECONOMICS
EXPLOITATION
EXPLORATION
GEOLOGIC DEPOSITS
INDUSTRY
LATIN AMERICA
MEXICO
MINERAL RESOURCES
NORTH AMERICA
PETROLEUM DEPOSITS
PETROLEUM INDUSTRY
PRICES
RESOURCES
REVIEWS
USA