Oil and Gas Industry

Learn what you can about the oil and gas industry including industry terms and articles.

Crude oil and natural gas	Declining crude production
The August 2002 rotary rig count was 848, slightly lower than the count in July 2002 and 32 percent lower than the count in August more	Look for continued exploration success in the West; massive gas development in the North. Elsewhere, much of the continent remains underexplored. more
offshore oil industry	Mexican gas sector still
An extensive modification program in progress aboard the Zafiro Producer offshore Equatorial Guinea is being performed on a fast-track basis while production continues at 80,000 bopd levels more	Contrary to what some industry observers expected, Mexico has no immediate plans to open up its natural gas sector, including access for more

he August 2002 rotary rig count was 848, slightly lower than the count in July 2002 and 32 percent lower than the count in August 2001. Of the