Andrew Gould Quotes


Andrew Gould

I don`t know the time frame exactly, but it`s clear they`re all going to want to start spending money again.

This will result in wells that will make a substantial improvement in the recovery factor just because they are absolutely in the proper place within the reservoir for the purposes of drainage.

Will the industry outsource more? I think it depends on the client base.

The national oil companies still want to acquire some expertise so they will outsource more, but not totally.

I think that worldwide tenders are going to remain extremely difficult because of the influence of foreign governments, partners, etc.

For a long time, we`ve worked on detecting planets with whatever was at hand, making use of existing small telescopes or even amateur telescopes. It`s time to move on to the next stage.

Obviously the shift to gas and the need for large amounts of gas in the United States is going to be a major focus of attention on the part of producers.

In the longer term, there are significant factors that are going to affect the operators and to a large extent the service industry.

I think that in the near term the only threat to demand is some form of recession here in the United States.






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