US wells getting deeper and more efficient
According to API’s 2013 Joint Association Survey on Drilling Costs, the number of wells declined slightly from 2012 and costs remained flat.
According to API’s 2013 Joint Association Survey on Drilling Costs, the number of wells declined slightly from 2012 and costs remained flat.
A round up of analysts reacting to the news that Shell is to buy BG Group for US$70 billion.
The entire North Sea production over the last 4 decades is around 45 billion bbls.