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Oil & Gas Equipment Services  // Browsing posts in Oil & Gas Equipment Services

Higher, Stable Oil Price Needed Before Field Work Can Increase

Research Question: With oil pricing recently stabilizing in the mid- to upper $40s per barrel, what are expectations for demand and pricing for oilfield services for the remainder of 2016? Companies: BAS, BHI, FTK, HAL, HP, KEGX, NBR, PDS, PTEN, RES, SLB, SPN Click here to download report (.pdf)   Highlights Wavering oil prices during the […]

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Oilfield Service Work Flattens on Lower Oil Price

Research Question: Have plans to increase well site work in the U.S. oilfield market stalled as a result of the recent pullback in oil prices? Companies: BAS, BHI, HAL, HP, KEGX, NBR, PDS, PTEN, RES, SLB, SPN Click here to download the report (.pdf)   Highlights The pullback in oil prices to the low $40/bbl level during […]

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Oilfield Demand Showed Slight Uptick, Pricing at Low Levels

Research Question: Did the stabilization of oil and gas prices at higher levels earlier this month improve demand for or pricing of oilfield services? Companies:BAS, BHI, HAL, HP, KEG, NBR, PDS, PTEN, RES, SLB, SPN Click here to download the report (.pdf)   Highlights Blueshift Research’s interviews were conducted during early to mid-July at a time […]

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Slight Uptick in Demand for Fraccing and Workovers

Research Question: Have demand and pricing for oilfield services changed now that the price of oil per barrel has topped $50? Companies: BAS, BHI, HAL, HP, KEG, NBR, PDS, PTEN, RES, SLB, SPN Click here to download the report (.pdf)   Highlights Fraccing Service Providers to Benefit from DUCs (BHI, HAL, RES, SLB) Three fraccing service providers […]

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Theme of Recent Oil & Gas Conference: “Less Is Best”

Research Question: Which new products and services are oilfield vendors offering to reduce costs or to increase efficiency? Companies: CAT, CMI, FTI, HLX, KKR, OII, SLB, LON:WEIR Click here to download the report (.pdf)   Highlights Back to Basics—Subsea Style (FTI, HLX, OII, SLB) Two sources with subsea systems and equipment companies displaying their wares […]

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Drilling, Completions Demand and Pricing Still Soft Despite $40 Oil

Research Question: Have demand and pricing for oilfield services changed now that the price of oil per barrel is holding around $40? Companies: BHI, HAL, HP, NBR, PTEN, RES, SLB Click here to download the report (.pdf)   Highlights Fraccing Demand Has Not Increased; Service Pricing Remains at the Bottom (BHI, HAL, RES, SLB) Three […]

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Standard Workovers of Older Wells Teed-up by Some Operators

Research Question: Has there been any change in demand or pricing for oilfield services now that the price of oil is holding around $40? Companies: BAS, KEG, SPN Click here to download the report (.pdf)     Highlights Some Independent Operators Begin Workovers, Majors Queuing Up Projects (BAS, KEG, SPN) A representative working for a […]

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ESP Systems from HAL, FTK, WFT in Highest Demand in Bleak Market

Research Question: Which oilfield products and services are most in demand in light of poor market conditions? Companies: BHI, FTK, HAL, HCLP, HP, MT, NBR, PTEN, SLB, SLCA, WFT, X Click here to download the report (.pdf)   Highlights Artificial Lift Equipment Boosts Production (BHI, FTK, HAL, SLB, WFT) Three sources working for manufacturers of […]

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FracMax Controversy Unlikely to Derail Flotek’s CnF

Will oil and gas operators abandon Flotek’s CnF in light of the controversy surrounding FracMax? Click here By: David Franklin Summary of Findings Operators that have experienced enhanced oil and gas recovery through the use of Flotek Industries Inc.’s (FTK) Complex nano-Fluid (CnF) are unlikely to abandon the chemical despite Bronte Capital’s November report, according […]

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Updates from the Oil Patch: Upstream Oilfield Service Market Severely Depressed

Has there been any change in demand or pricing in the upstream E&P market and what strategies are service providers using to survive? Companies: BAS, BHI, COP, EPD, HAL, HCLP, HP, KEG, NBR, NS, PDS, PTEN, RES, SLB, SLCA, SPN Click here to download the report (.pdf)   Highlights Several Operators Buying Sand/Proppants Directly From […]

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