Demand for Land Rigs expected to be c. 30% higher in 2025, from the lows of 2020, driven primarily by China, GCC countries and Russia
Westwood’s tenth edition of the ‘World Land Drilling Rig Market Forecast’ report assesses impact following estimated worst year on record for drilling
In this tenth edition of the ‘World Land Drilling Rig Market Forecast’ report, Westwood assesses the current landscape of the industry following such a catastrophic downturn and provides on the outlook future onshore rig demand.
The latest drilling & well services (DWS) report has been released, with spend forecast to increase year-on-year, reaching $213bn by 2025.
Video on demand for Westwood's October 2020 webinar on the Macro Outlook on crude supply/demand, E&P behaviour/s, upstream M&A and the summary outlook for our core business areas.