Drilling to Increase 4.9% in 2021
Operators worldwide report plans to drill 4.9% more wells in 2021 versus 2020.
Corrosion and Deposit Control are Leading Challenges Faced by Operators
Operators worldwide report that corrosion and deposit control (scale, wax, paraffin) are leading challenges that negatively impact their...
US Land Drilling Projected to Increase 15.4% in 2021
US land operators anticipate plans to increase the number of wells drilled in 2021 versus 2020 by 15.4% led by the Permian basin at 27.8%
Use of Nodal Systems Expected to Grow
Approximately 60% of offshore oil and gas development expenditures worldwide are invested in existing fields to restore production and exten
Global Drilling to Decrease 15.9% in 2020
Oil & Gas operators worldwide report plans to decrease the number of wells drilled by 15.9% in 2020.
Microsoft is the Leading Cloud Provider for the Oil & Gas Industry
A recent study published by Kimberlite Oilfield Research with 319 geologist and geophysicists worldwide reveals that Microsoft remains...
Oil Price War Re-Visited
A new oil price war? Looking back on the oil price war of 2015 what lessons have we learned?
US Land Operators Report Increasing Drilling & Completion Efficiencies in 2019
US land oil & gas operators continue to report increasing drilling & completion efficiencies in 2019. For example, US land operators...