Operators Flight to Quality Suppliers Is Expected in 2020 and 2021
With oilfield service suppliers having no room to give additional price discounts, E&P operators will turn to quality suppliers.
US Land Drilling Projected to Increase 15.4% in 2021
US land operators anticipate plans to increase the number of wells drilled in 2021 versus 2020 by 15.4% led by the Permian basin at 27.8%
Use of Nodal Systems Expected to Grow
Approximately 60% of offshore oil and gas development expenditures worldwide are invested in existing fields to restore production and exten
Use of Nodal Systems Expected to Grow
Recent market studies conducted by Kimberlite Oilfield Research reveal that 54% of offshore operators report that nodal systems offer the gr
Global Drilling to Decrease 15.9% in 2020
Oil & Gas operators worldwide report plans to decrease the number of wells drilled by 15.9% in 2020.
Kimberlite Presents for Evercore
Kimberlite was recently invited to give a presentation on our worldwide oilfield services report. The following video is that presentation.
