Shifting Pricing Dynamics in Drilling Equipment and Services
The landscape for drilling equipment and services pricing is experiencing notable shifts.
NAM Land Fundamentals Improving into 2025. Offshore and International Growth Moderates.
North America is witnessing a significant transformation in drilling activity, driven by operator consolidation and drilling efficiency.
Global Drilling and Pricing to Increase in 2024
Kimberlite’s most recent Drilling report reveals that global drilling activity is set to increase by 5.5% in 2024
ESG Sentiment Moderating NAM Land. Remains Strong Internationally & Offshore.
ESG sentiment is moderating in NAM Land after having peaked nearly two years ago.
Why is the US Land Rig Count and Drilling Activity so Low at $80 Oil?
Oil is $80, but drilling activity remains low. When will the rig count and drilling activity increase?
More with Less... US Land Drilling and Completion Efficiencies Continue to Increase
Just when you thought drilling and completion efficiencies were topping out, we are proven wrong... again! The grit, innovation, and...
E&P Operators Expect Supplier Pricing for Hydraulic Fracturing Services to Decrease
US land oil and gas operators anticipate pricing for hydraulic fracturing services to decrease by 2.9% over the next twelve months.
L48 Land Rig Count – Back above 700 in 2024
L48 land rig count expected to climb back above 700 to meet 2024 drilling projections.
Pricing for Drilling Equipment & Services to Increase 4.3% Inflation Growth is Moderating…
Pricing for Drilling Equipment & Services to Increase 4.3% Inflation Growth is Moderating……
Global Drilling to Increase 6.1% in 2024... Setting up a Multi-Year Growth Cycle.
Global Drilling to Increase 5.9% in 2024... Setting up a Multi-Year Growth Cycle.
