Thursday, December 08, 2016

The Oil Sands Is Slowly Crawling Back

Peter Tertzakian: Oilpatch revenues may hit $100B next year, but let's not get carried away with optimism

"If you don't have your crews lined up by now, you're not going to be able to complete your wells in Q1," replied my oilfield service friend. "We're fully booked into the New Year," he nodded, anecdotally confirming the trends I was starting to sense. Back at the office, my line charts for Canadian upstream spending…