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Page added on January 7, 2006

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Helping Hand In Hunt For Oil

With energy prices sky high, even school kids can cite the per-barrel cost of crude oil. That’s put a spotlight on energy producers.

The high prices have made it worthwhile for them to explore new areas in search of oil. And they’re rethinking already-tapped oil sources
All that’s giving a boost to field service companies. These firms, such as Schlumberger and Halliburton, provide support and infrastructure to oil companies as they seek and develop energy.

Oil service firms got an additional lift last year, when Congress passed a massive energy bill. Though the legislation didn’t allow drilling in Alaska’s Arctic National Wildlife Refuge



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