The global offshore drilling industry will stabilize this year but likely won’t return to growth before 2011, research analyst Datamonitor reported Monday.
Stabilize
Articles from Stabilize
Rebound Seen in Global Offshore Market
The global offshore drilling industry will stabilize this year but likely won’t return to growth before 2011, research analyst Datamonitor reported Monday.
Price Descent Slows; A Few Points See Small Gains
In a sign that this week’s steep cash market slide is beginning to stabilize, most of Wednesday’s majority losses were only in single digits and a significant number of scattered points were flat to about a nickel higher. Moderate temperature increases were predicted for Thursday in the Northeast and some parts of the Midwest, although they weren’t expected to spur any large increases in overall heating load.
Canadian Gas Drilling May See Upturn — Later
Natural gas drilling in Canada may be poised for an upturn later this year as oilfield service costs stabilize, but increased drilling may not be enough to compensate for the slowdown that began last year, energy executives said last week.
Canadian Gas Drilling May See Upturn — Later
Natural gas drilling in Canada may be poised for an upturn later this year as oilfield service costs stabilize, but increased gas drilling may not be enough to compensate for the slowdown that began last year, energy executives said Wednesday.
Industrial Exec Warns of Groundswell of Discontent for High Gas Prices
The debate over how to stabilize natural gas prices “needs to be elevated, not isolated,” because concern about higher prices is coming not only from industrial customers but also commercial and residential consumers and eventually could grow into a groundswell of discontent, the chairman of the Process Gas Consumers Group said Thursday.
Industrial Exec Warns of Groundswell of Discontent for High Gas Prices
The debate over how to stabilize natural gas prices “needs to be elevated, not isolated,” because concern about higher prices is coming not only from industrial customers but also commercial and residential consumers and eventually could grow into a groundswell of discontent, the chairman of the Process Gas Consumers Group said Thursday.
Puget Sound Energy Seeks $47 Million Gas Rate Hike
Citing the need to enhance customer service and stabilize energy costs, Bellevue, WA-based Puget Sound Energy (PSE) Monday asked state of Washington regulators for a $128.8 million general rate increase, or between 5% and 7% for its electric and natural gas customers in the western half of Washington.
Oil Service Contractors Predict More Ramp Ups Domestically
Drilling service contractors operating in the United States and Canada are beginning to see business in the Gulf of Mexico stabilize, and some are forecasting success beginning in the second quarter from several projects expected to ramp up offshore and in key U.S. basins.
Oil Service Contractors Predict More Ramp Ups Domestically
Drilling service contractors operating in the United States and Canada are beginning to see business in the Gulf of Mexico stabilize, and some are forecasting success beginning in the second quarter from several projects expected to ramp up offshore and in key U.S. basins.