Oil Service Companies Doing Well…
May 29th, 2008 | By Byron King | Category: Oil Investment & Alternative EnergyOut in the field, the industry players are doing real work.Wow. Transocean drills over 40,000 feet (directional).
New world record, for both longest well bore and extended reach.
As the Senators insulted the oil executives, I was wondering if the politicians would prefer to trade managements with the National Oil Companies of other countries. Would you trade the guys who run Exxon for the guys who run Pemex? How about trading the Chevron leadership for the fine people at Petroleos de Venezuela (PdVSA)?
BWK
Source: Oil Service Companies Doing Well…
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Byron is now a contributing editor to Energy and Oil, Whiskey & Gunpowder and editor of Outstanding Investments. After Harvard, Byron has followed developments in the oil and gas industry for more than three decades.