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.
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 […]
Aug 5 2019
“Sunshine pumping” and market exuberance key contributors to over investment, according to a new white paper from Westwood Global Energy Group released this week (Houston, USA) Monday, 5th August 2019 – Research consultancy, Westwood Global Energy Group, has today launched its latest US Frac Sand White Paper1 outlining the current state of the proppants2 market […]
Aug 5 2019
US Frac Sand Outlook – White Paper A new white paper from Westwood investigates demand for proppant, total frac sand supply, and last mile trucking costs. The paper is intended to give you Westwood’s view and methodology, and key points from the paper include: Previous frac sand demand numbers from industry analysts contributed to over […]
Jul 22 2019
The U.S. Gulf of Mexico drillship market is currently in quite an enviable position. Figure 1 shows that as of mid-July, marketed utilization of the 25-rig fleet stood at 96%, with 24 units either working or committed to begin contracts in the next few months. And, with it rumored that the lone stacked unit may […]
