Experts see demand for conventional oil, gas wells staying strong

06/18/2013 |

Demand for conventional offshore oil and natural gas wells will remain high even as energy firms have been focusing on onshore shale formations, observers say. Companies such as Noble Energy and Anadarko Petroleum will play key roles in the offshore expansion. "What you're really seeing is all about the deep water going forward," said Bob Fryklund, chief upstream strategist at IHS.

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