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From Calgary to Houston.(petroleum industry)
Publication: Oil and Gas Investor Publication Date: 01-JUL-05 Author: Haines, Leslie
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COPYRIGHT 2005 Hart Publications, Inc.
From the pine forests of northern Alberta d British Columbia to the mesquite flats South Texas and the Louisiana marshes, this is a busy summer. Operators on both sides of the border are dealing with a boom atmosphere tinged with the urgency to replace reserves.
Increased oil and gas demand and high commodity prices have propelled activity in every remote corner of the oil patch. Old plays are being revisited with new technologies. But more companies are complaining about not having enough people.
On a recent trip to Calgary, I was told that the situation is dire in the heavy-oil-sands region, a unique corner of the oil patch in northern Alberta. Companies are rumored to be recruiting welders right out of high...
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