IHS’s 10 year Petroleum trends 1994-2003

EPSOM, U.K.–(BUSINESS WIRE)–Oct. 18, 2004–IHS Energy, the world’s leading provider of oil and gas information and consulting services, has released its 2004 report on world petroleum trends which, based on its independent international database, provides a comprehensive 10-year summary of major country, regional and global trends in oil and gas exploration and production activity including: discovered resource estimates; liquids and gas production; wildcat, appraisal and development drilling; licensing activity; 2-D and 3-D seismic activity. The report will help the industry and ultimately, consumers, understand the underlying fundamentals that are driving $54 per barrel oil.

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