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

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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Updates from the Oil Patch: Cost-Cutting and Low Drilling and Completion Activity Continue

What strategies are E&P companies utilizing during the downturn to reduce costs or increase efficiency? Companies: BAS, BHI, HAL, HCLP, HP, KEG, NBR, PES, PTEN, RES, SLB, SLCA, SPN Click here to download the report (.pdf)     Highlights Refracs Are Lackluster in a Dismal Completions Market (BHI, HAL, HCLP, RES, SLB, SLCA) Three sources […]

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Oilfield Service Providers Face a Very Bleak Market

Research Question: Has there been any change in demand or pricing for oilfield services in the face of the extremely low oil prices? Companies: BAS, BHI, HAL, HCLP, HP, KEG, NBR, PES, PTEN, RES, SLB, SLCA, SPN By: Reverdy Johnson Click here to download the report (.pdf)     Highlights The Number of Fraccing Jobs Has […]

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Oilfield Work Slows to a Crawl, Cost Cutting Continues

Research Question: What has been the effect of continued low commodity prices on oilfield activity? Companies: BAS, BHI, HAL, HCLP, HP, KEG, NBR, PES, PTEN, RES, SLB, SLCA, SPN Click here to download the report (.pdf)   Highlights Workover Market Moves to Routine Maintenance Mode (BAS, KEG, NBR, SPN) Demand for workover rigs has weakened this […]

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