Gas and oil reside in the shales, but how much, and at what price, are questions researchers at the University of Oklahoma (OU) hope to answer at a new oil and gas “center of excellence.”
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Researchers in Oklahoma Peering into Shale Pores
Gas and oil reside in the shales, but how much, and at what price, are questions researchers at the University of Oklahoma (OU) hope to answer at a new oil and gas “center of excellence.”
Gulf Activity Continues Decline, Other Areas Show Rise
As futures prices continue to reside south of $3, the U.S. Gulf of Mexico offshore rig market continues to worsen in terms of both rig utilization and day rates, according to the latest ODS-Petrodata Group Offshore Rig Day Rate Indices. However, even while the Gulf remains in decline, other rig market segments remain strong, the company’s data shows.
Gulf Activity Continues Decline, Other Areas Show Rise
As futures prices continue to reside south of $3, the U.S. Gulf of Mexico offshore rig market continues to worsen in terms of both rig utilization and day rates, according to the latest ODS-Petrodata Group Offshore Rig Day Rate Indices. However, even while the Gulf remains in decline, other rig market segments remain strong, the company’s data shows.