Oil operators add rigs, resume output growth in 2017

摘要

Houston-Oil companies, seemingly chomping at the bit to return to normal drilling activity, continue to contract more rigs for next year and forecast 2017 production growth - some by double-digits - as crude prices inch north of what until recently was a stubborn $50/b ceiling. For example, Anadarko Petroleum last week said it plans to raise its expected five-year compounded rate of oil volume growth to 12%- 14%, from an earlier 10%-12%.