Top 200 North American Exploration and Production (E&P) Companies – Operational and Financial Review 2010
Extreme commodity price volatility is a major concern for the E&P companies. Prices rose from around $80 per barrel in October 2007 to $147 per barrel in July 2008 and then fell to less than $40 per barrel by the end of 2008. 2009 saw a steady crude oil price recovery due to signs of global economic recovery and concerted efforts by OPEC in cutting crude oil production output. However, increasing natural gas production, in part driven by the emergence...
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