Stages per frac crew increases by 26% across shale plays Blog Post
In 2019, the investor community stressed the importance of capital discipline and environmental, social, and…
Shifting Sands – People and Last Mile Logistics Blog Post
The capital cycle for oil and gas is in full swing as pressure pumpers, logistics, and manufacturers deploy capital for new and refurbished equipment. Oil prices are supporting the oilfield service expansion as E&Ps find innovative ways to reduce well completion costs by directly sourcing frac sand, chemicals, trucking, and logistics.
West Texas inSANDity continues in the Permian Blog Post
Last week in Houston at the Frac Sand Supply & Logistics Conference, all signs pointed…
The frac crew conundrum: when will activity return? Blog Post
Originally published in E&P Magazine’s Hydraulic Fracturing Techbook The modest increase in rig activity is a…
Westwood Insight – Global onshore rig demand forecast for 24% growth by 2026 Blog Post
The outlook for onshore rig demand is improving with elevated commodity prices spurring increased drilling activity in many regions (from the lows of 2020 and 2021).
World Land Drilling Rig Market Forecast 2022-2026 Blog Post
This is the eleventh edition of the World Land Drilling Rig Market Forecast report. It has been drafted as the upstream oil and gas industry is facing commodity prices at the highest levels since 2014 following Russia’s invasion of Ukraine and OPEC members sticking to quota cuts despite a surge in hydrocarbon demand.
US E&Ps to Focus on Completions and Finish Drilled Uncompleted Wells Blog Post
E&Ps, oilfield service, and supply companies made significant cuts during 2020 in order to survive...US Drilling & Completion Outlook 2021 Blog Post
The latest drilling & well services (DWS) report has been released, with spend forecast to increase year-on-year, reaching $213bn by 2025.