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The Shape of the New Oil Industry

-- BRITISH PETROLEUM, EXXON, ROYAL DUTCH/ SHELL GROUP
Technologically savvy companies that are leaders in implementing advanced technology such as subsea wells and catalysts

-- APACHE, BURLINGTON RESOURCES, NEWFIELD EXPLORATION, UNION PACIFIC RESOURCES
Fast-expanding independents that are taking a bigger role in offshore and international exploration and drilling

-- COASTAL, MOBIL, PENNZOIL
Middle-tier majors and integrated domestics that need to add the expertise or scale to invigorate their businesses as the industry consolidates

-- AMOCO, CONOCO, PHILLIPS PETROLEUM, UNION TEXAS PETROLEUM, UNOCAL
Companies that are exploiting strong niches in areas such as chemicals, natural gas, exploration and production, and refining

DATA: BUSINESS WEEK


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Updated Oct. 23, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.
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