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%
DUC DUC… NO. The Growing spread between Drilling Rigs and Frac Fleets.
The rig count in US land has increased by nearly 200 in 2022 while increases in frac spreads has trailed. The exhibit below highlights...
SIMO FRAC… It’s Just NOT For Everyone!
While drilling and completion efficiencies continue to increase, the prospect of Simultaneous Hydraulic Fracturing or Dual Fracturing has...
It Just Keeps Coming... Drilling and Completion Efficiencies Continue to Increase
Just when you thought drilling and completion efficiencies were topping out, we are proven wrong…… again! The grit, innovation, and...
Oil Services Cost to Increase 15.9%... And This is NOT TRANSITORY!
Oilfield service pricing levels for drilling equipment and services are anticipated to increase approximately 15.9% globally over the...
Energy Loud & Energy Proud – Global Drilling to Increase 14.9% in 2023 to Meet Growing Demand
Oil and gas operators worldwide report plans to increase the number of wells drilled in 2023 by 14.9% in response to growing demand and...
Seismic Shift………. Industry Transformed
Seismic Shift. An industry just a fraction of its former size.
Subsea Market Poised for Multi-Year Investment Growth Cycle
Subsea Market Poised for Multi-Year Investment Growth Cycle
Oil & Gas Industry Use of Cloud Continues to Grow
Oil & Gas Industry Use of Cloud Continues to Grow
Microsoft is the Leading Cloud Provider for the Oil & Gas Industry
A recent study published by Kimberlite Oilfield Research with 277 geologists and geophysicists worldwide reveals that Microsoft remains...
