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.
Based on detailed models, the report examines each country in turn and includes a summary of hydrocarbon potential and sensitised production outlook.
Presented using Westwood’s SECTORS data with detailed analysis and commentary on eight distinct regions with a twelve-year market view – historic data covering the period 2013-2018 and forecast data for 2019-2024.
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.
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 report is essential for companies wanting to better understand where and when to make investment decisions, giving a detailed understanding of the outlook for land drilling rig market.
Westwood’s World Oilfield Equipment Market Forecast shows improvement in several service lines, including Artificial Lift and Fixed & Floating Production.
WGE’s World Drilling & Well Services Market Forecast presents the latest view on prospects for one of the largest areas of total oilfield services expenditure.
WGE’s World AUV Market Forecast presents the latest view on prospects for the commercial and military demand of AUVs.
Assuming a 50% adoption rate of locally mined sand, incumbent suppliers will see a material decline in non-contracted volumes by Q3 2018. Beginning in the second half of the year, in-basin sand will make major inroads into the current supply chain.
Aug 13 2018
The US Gulf of Mexico (GOM) jackup market has quietly become one of the best in the world. Utilization of the 12-rig marketed fleet is 100% and contract backlog is increasing. Finally, day rates have risen, with anecdotal evidence suggesting that further increases for some segments of the fleet are not far off.
Jul 23 2018
It is a well-known fact that modern high-specification (high-spec) or ‘heavy-duty’ jackups are the future of the Northwest Europe shallow-water drilling market, but for the first time the supply of such units has surpassed that of its traditional 1980s-built standard jackup counterparts. Furthermore, utilisation and day rates, as well as the volume of future demand for high-spec units is now also surpassing that of standard units.
Jul 16 2018
Global conventional exploration farm-in/farm-out activity has reduced by around two thirds from 2012 to 2017, in line with the reduction in overall drilling activity. As activity levels have fallen, so have deal terms and costs. The average level of promote (i.e. the proportion above their equity interest that companies are willing to pay to access […]
Jul 10 2018
PRESS RELEASE For immediate release London, United Kingdom – 10 July 2018 – Metal Bulletin, the definitive source of trusted and transparent commodities data for the metal and mining markets, in collaboration with Westwood Global Energy Group (Westwood), the leading provider of research, data analytics, and consulting services to the global energy industry, has […]
