America Ranks with Top Oil Producers/E&P Companies Reduce Drilling and Seek Lower Costs/ Limited Exports Allowed, Business and Industry Trends Analysis

The cost to produce a barrel of oil varies dramatically from one region to another and from one type of well to another.  Today’s market trends have forced exploration and production companies to strive for lower costs and accelerate the adoption of efficient new techniques and technologies.  Throughout the energy industry, exploration and production (E&P) firms have demanded lower prices from drilling companies and other oil field services firms.  At the same time, they are demanding that their engineers and managers seek the highest possible levels of efficiency in all departments. According to BP’s Statistical Review of Energy, the U.S.…

A Representative List of Organizations that Have Used our Research and Products: