Capital Spending to Exceed $1.9 Billion Starting in 4Q08 in North American Oil & Gas Industry

SUGAR LAND--September 25, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--According to project data extracted from Industrial Info's PECWeb industrial project database, more than $1.9 billion in capital dollars in construction starts are expected when the last quarter of 2008 rolls around. Thirty-six projects are expected to get under way in the Oil & Gas Industry, including oil and gas field drilling programs, new gas plant construction, upgrade activity, compressor station additions and plant maintenance turnarounds. Companies with planned projects include SandRidge Energy (NYSE:SD) (Oklahoma City, Oklahoma) Occidental Petroleum (NYSE:OXY) (Houston, Texas), Connacher Oil and Gas (TSX:CLL) (Calgary, Alberta) and DCP Midstream Partners (NYSE:DPM) (Denver, Colorado).

Other companies featured: Caterpillar (NYSE:CAT), MarkWest Energy Partners (NYSE:MWE), Atlas Pipeline Partners (NYSE:APL)