We are a leading provider of information, subscription services and research-led consultancy for the global energy industry. We focus on intelligence and insight for worldwide exploration and oilfield services markets. We help clients make informed commercial and strategic decisions through a combination of proprietary data, insight and knowledge. Our analysis is independent, quality-assured and based on sector expertise throughout our organisation.
Westwood’s World Land Drilling Rig contains detailed country and regional analysis of the market, including onshore wells drilled, operational rigs, rigs drilling by HP category and rig utilisation.
The US Drilling & Completion Outlook is an invaluable guide to the future prospects for one of the hottest areas of global activity at present.
Westwood has looked back on the last five years of exploration drilling in Norway and examines future activity in its latest report, Norway Exploration Performance 2014-2018.
Westwood’s World Oilfield Equipment Market Forecast shows improvement in several service lines, including Artificial Lift and Fixed & Floating Production.
The Corrosion Resistant Alloys (CRA) Report, provides a five year strategic outlook for comprehensive market demand, supply and pricing analysis of the global corrosion resistant alloys markets.
The 10th edition of the State of Exploration report covers five years of global high impact exploration.
The back half of 2018 witnessed more than a 4% decline in active horsepower (HHP) being removed from the field, but is expected to rebound in 2019.
Northwest Europe is set to be one of the global focus areas for exploration and appraisal (E&A) drilling during 2019, particularly off the coasts of Norway and the UK.
Sep 2 2019
Latin America has emerged as one of the focus regions for rig demand growth over the next five years outside North America. The Vaca Muerta shale play in Argentina is leading the way and is expected to continue to dominate rig demand in the region, with several large E&P companies, including ExxonMobil and Shell, having […]
Aug 27 2019
In the 2000’s national oil companies (NOCs) investing abroad were viewed as new competition to the international oil companies (IOCs). NOCs began acquiring international assets, whether to bolster security of supply for their growing economies, for energy diplomacy or simply to generate new profit streams abroad capitalizing on their domestic capabilities. Westwood research shows […]
Aug 20 2019
Westwood Global Energy Group is delighted to have advised EV Private Equity on its successful investment into Enhanced Drilling. For oilfield services related corporate strategy and transaction support advice, please contact Arindam Das (adas@westwoodenergy.com).
Aug 12 2019
High-impact exploration drilling activity increased substantially in the first half of 2019 with 51 exploration wells completed, compared to 36 in the same period in 2018. It’s back to gas though, with gas discoveries up and oil down on 2018. The commercial success rate has also improved significantly, running at 37% so far compared to ~27% recorded in 2017 and 2018. 16 […]
