L48 Land Rig Count – Back above 700 in 2024
L48 land rig count expected to climb back above 700 to meet 2024 drilling projections.
Pricing for Drilling Equipment & Services to Increase 4.3% Inflation Growth is Moderating…
Pricing for Drilling Equipment & Services to Increase 4.3% Inflation Growth is Moderating……
Global Drilling to Increase 6.1% in 2024... Setting up a Multi-Year Growth Cycle.
Global Drilling to Increase 5.9% in 2024... Setting up a Multi-Year Growth Cycle.
Pipeline Integrity & ILI Service Market Remains Strong and Resilient
The pipeline integrity and ILI services market is anticipated to grow 6.2% in 2023 versus 2022 and overall, the pipeline integrity...
Major Oil Companies Increase Investment in Alternative Energy Projects
Major Oil Companies Increase Investment in Alternative Energy Projects
Digitization Driving the Future of the Subsea Market
Subsea oil & gas operators expect to see increased use of digitization technologies to drive additional efficiencies and shape the future...
Offshore and International Growth Remains Durable, But Operator Buying Behaviors are Changing...
Offshore and international growth remains strong as operators work to restore lost production capacity following several years of...
Exploration Poised to Increase in 2023 “Let’s go Elephant Hunting”
Operators are increasing exploration activity following several years of underinvestment and in search for the next elephant
Buying Behaviors of Operators Change in Ever-tightening OFS Market
Buying Behaviors of Operators Change in Ever-tightening OFS Market
Global Drilling to Increase 14.2% in 2023
Oil and gas operators worldwide report plans to increase the number of wells drilled in 2023 by 14.2%