Major Oil Companies Increase Investment in Alternative Energy Projects
Major Oil Companies Increase Investment in Alternative Energy Projects
Digitization Driving the Future of the Subsea Market
Subsea oil & gas operators expect to see increased use of digitization technologies to drive additional efficiencies and shape the future...
Offshore and International Growth Remains Durable, But Operator Buying Behaviors are Changing...
Offshore and international growth remains strong as operators work to restore lost production capacity following several years of...
Exploration Poised to Increase in 2023 “Let’s go Elephant Hunting”
Operators are increasing exploration activity following several years of underinvestment and in search for the next elephant
Buying Behaviors of Operators Change in Ever-tightening OFS Market
Buying Behaviors of Operators Change in Ever-tightening OFS Market
Global Drilling to Increase 14.2% in 2023
Oil and gas operators worldwide report plans to increase the number of wells drilled in 2023 by 14.2%
DUC DUC… NO. The Growing spread between Drilling Rigs and Frac Fleets.
The rig count in US land has increased by nearly 200 in 2022 while increases in frac spreads has trailed. The exhibit below highlights...
SIMO FRAC… It’s Just NOT For Everyone!
While drilling and completion efficiencies continue to increase, the prospect of Simultaneous Hydraulic Fracturing or Dual Fracturing has...
It Just Keeps Coming... 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...
Oil Services Cost to Increase 15.9%... And This is NOT TRANSITORY!
Oilfield service pricing levels for drilling equipment and services are anticipated to increase approximately 15.9% globally over the...
