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Oil and Gas Prospects for 1973 Look Bright
Offshore Magazine foresees a hopeful 1973 for offshore drilling with a renewed lease sale cycle on the U S coastal shelf and expanding global search for offshore sites. Yet risks include ecology versus business, a tightening financial climate for small firms, and a rig shortage looming as 132 Louisiana tracts go to bid. Large companies expect easier financing while smaller ones may struggle.
MENTIONED IN THIS ARTICLE
Max B. Skelton
Houston
Eer
Offshore Magazine
U.S
The
Interior Department
Louisiana
New Orleans
United States
North Sea
Southeast Asia
East Canada
West Africa
Persian Gulf
Gulf of Mexico
Peru