Land Rigs for sale

Land Rigs for sale

Saudi Arab looses heavily on OPEC directed oil cut ; Essar Oilfields raises $240 million for rig ; US tax breaks subsidize foreign oil production ;

Saudi Arab looses heavily on OPEC directed oil cut ; Essar Oilfields raises $240 million for rig ; US tax breaks subsidize foreign oil production ;: "Maritime & Offshore Jobs"

Is it possible to forecast oil prices

With the present economic climate, it is actually even to vaguely guess the oil price forecast.

Of the 184 votes gathered in Worldoils, for the guesstimate oil price at the end of 2009, 64 votes were for the prices between $76 and $85 followed by 40 votes for $66 to $77.

Many analysts are predicting the Crude Oil Prices to fall below $50, where as many analysts are predicting theCrude Oil Prices to be over $70.

Crude Oil Price History.

Crude Oil Price Research.

Baker Hughes: US Oil, Gas Rig Count Up 11 To 1,010 This Week

HOUSTON (Dow Jones)--The number of rigs drilling for oil and natural gas in the U.S. climbed this week as producers put some rigs back to work amid expectations for higher prices.

The number of oil and gas rigs rose to 1,010, up 11 rigs from the previous week, according to data from oil-field services company Baker Hughes Inc. (BHI). The number of gas rigs was 705, an increase of six rigs from last week, while the oil rig count was 293, an increase of five rigs. The number of miscellaneous rigs was unchanged at 12 rigs.

The number of gas rigs in use peaked at 1,606 in September 2008. Producers have scaled back natural gas drilling over the past several months amid falling prices, but the gas rig count has begun to stabilize as producers bet on a rebound in prices. Natural gas prices have fallen by more than 70% from their highs last summer above $13 a million British thermal units.

Natural gas supplies remain strong, but analysts expect the sharp decline in drilling activity over the last year will eventually bring supply back in line with demand, bolstering gas prices.

Natural gas for October delivery on the New York Mercantile Exchange was recently up 19.7 cents, or 5.7%, at $3.655 a million British thermal units.

-By Jason Womack, Dow Jones Newswires; 713-547-9201; jason.womack@dowjones.com

This is an extract from http://online.wsj.com/article/BT-CO-20090918-708938.html

If you are looking for jobs in the Maritime sector :
Maritime Jobs

If you are looking for jobs in the Oil & Gas sector :
Oil & Gas Jobs

If you are looking for Oil Rig Jobs :
Oil Rig Jobs

If you are looking for Oil Engineer Jobs :
Oil Engineer Jobs

If you are looking for Oil Drilling Jobs :
Oil Drilling Jobs

Used Land Drilling Rig for Sale - EMSCO GB 500 +/- 12,000' Drilling Rig for sale

EMSCO GB 500 +/- 12,000' Drilling Rig for sale.

For more information and photos, please visit :www.worldoils.com/landrigs/rig248.php

If you are interested in purchasing this rig, please send an email to rigs@worldoils.com with "EMSCO GB 500 +/- 12,000' Drilling Rig (9000-248) " in the subject line,or call +65 97768837 for more information.

For more land rigs please visit the Land Drilling Rigs site.

National 370 +/- 10,000' Drilling Rig

National 370 +/- 10,000' Drilling Rig for Sale.

For more information and photos, please visit :www.worldoils.com/landrigs/rig249.php

If you are interested in this rig, please send an email to rigs@worldoils.com with "National 370 +/- 10,000' Drilling Rig (9000-239) " in the subject line,or call +65 97768837 for more information.