Operator Sentiment Improving for 2017 (With additional Graphs)
Operator sentiment for 2017 is improving based on surveys conducted by Kimberlite Oilfield Research. Kimberlite has conducted over 3,000 interviews in the past 15 months with over 300 oil and gas operators worldwide tracking operator sentiment beginning in December, 2015 and updating periodically to the current period of March, 2017. Figure 1 below shows operator sentiment is improving overall across all segments evaluated. The sentiment index is based on the operators’ expected expenditure plans for the upcoming six months versus the past 6 months.