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…
In 2019, the investor community stressed the importance of capital discipline and environmental, social, and…
"> 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.
Last week in Houston at the Frac Sand Supply & Logistics Conference, all signs pointed…
Originally published in E&P Magazine’s Hydraulic Fracturing Techbook The modest increase in rig activity is a…
"> 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).
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.
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"> The latest drilling & well services (DWS) report has been released, with spend forecast to increase year-on-year, reaching $213bn by 2025.
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