Investing in oil drilling equipment

…This confirms that the trend of declining US oil well productivity is being felt in basins around the world…

– “Oil demand is too young, supply is too old,” according to oil industry expert, Matt Simmons. Most of the presenter

– An audience of 450 listened intently as Matt Simmons, a top global oil industry expert, mentioned two key technologies that greatly expanded the capabilities and the reach of oil and gas explorers: 3-D seismic and deepwater drilling. The problem is they