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Westwood Energy Group


Access independent research, proprietary databases and analytical tools to inform decision making and for competitive advantage

At Westwood, we deliver essential industry research that is insightful, reliable, credible, relevant, and independent. Our research spans the global oil and gas exploration and production sector, and the supply chain, plus the offshore wind sector and is backed by a 20-year track record.

  • Access our research through a range of subscription services, publications, reports and analytical tools.
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  • Benefit from proprietary databases, updated regularly to ensure relevance and reliability.
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Meet the team

Our research areas


Global Exploration and Appraisal


Northwest Europe Exploration and Production


Global Oilfield Services


North America and Unconventionals


Ten Lessons from a
Decade of Exploration

International conventional exploration over the last decade has been a rollercoaster ride.

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Ten Lessons from a
Decade of Exploration

International conventional exploration over the last decade has been a rollercoaster ride.

Read more



  • Delivering commercial and technical consulting services for the global energy sector.


  • A world of insight and expertise at your fingertips.
  • The State of Exploration 2019

    Exploration activity bounced back in 2018 but declining performance points to the limitations of the global exploration drilling opportunity set and the urgent need for its renewal in 2019 and beyond.

  • US Horsepower Outlook Q1 2019

    The US Horsepower Outlook is an essential overview pertaining to market outlook in seven key basins regarding HHP supply and market forecast and the seasonal and weather impacts in the pressure pumping market post 2018. The report includes a databook of quarterly horsepower supply, horsepower demand, and frac crews across shale plays.

  • NW Europe Offshore Rig Market: 2019 Utilisation and Pricing Analytical Report

    The report provides a market background, an overview of 2019 uncontracted rig demand and rig availability, as well as rig supply/demand balance forecasts for both the jackup and floating rig fleets. The report also considers the potential for rigs to enter the market either through relocation from other regions or reactivation of cold-stacked units.

  • World Drilling & Well Services Market Forecast 2019-2023 Q1

    Continued recovery in the DWS activity is expected over the next five years, despite oil price continuing to struggle at the end of 2018 and early 2019.

  • World Drilling and Production Market Forecast 2019-2025 Q1

    Based on detailed models, the report examines each country in turn and includes a summary of hydrocarbon potential and sensitised production outlook, with associated development drilling requirements segmented into oil & gas for the onshore sector and shallow vs. deep water depths for the offshore sector. Country-by-country exploration and appraisal (E&A) drilling forecasts for both the onshore and offshore sectors are also detailed.

  • Exploration Technology and Exploration Performance Offshore Norway

    About this report In 2018 Westwood was commissioned by the Norwegian Petroleum Directorate (NPD) to review advances in exploration technology and geoscience since 1990 and the impact on exploration on the Norwegian Continental Shelf (NCS). The report reviewed 11 technology themes including Risk and Uncertainty Analysis and Ways of Working as well as Quantitative Seismic […]

  • World Floating Production Systems Tracker 2018 Q4

    The Q4 edition of Westwood Energy’s World Floating Production Systems Tracker, has been released. Across 2018 we have seen the FPS market continue along the path of recovery that began last year.

  • World Oilfield Equipment Market Forecast 2018-2022 Q4

    Westwood’s World Oilfield Equipment Market Forecast shows global expenditure of $731bn over 2018-2022, a $10bn uplift on the September edition.

  • World Drilling & Well Services Market Forecast 2018-2022 Q4

    Westwood Global Energy Group’s World Drilling & Well Services Market Forecast presents the latest view on prospects for one of the largest areas of total oilfield services expenditure.