Strong Commodity Prices VBrighten Oil, Gas Market

摘要

The upward spiral of commodity prices in the first quarter of 2003 has led many oil and gas operators to anticipate market improvement later this year. Rig day rates and utilization have been soft, but queries about future rig avail-ability are on the rise-a sign of perhaps better times around the corner. With improved oil and gas prices, more funds could flow into domestic drilling budgets in the quest to discover more reserves.