Sunday, January 19, 2025

U.S. Shale to Drive 4% CAGR in Onshore Oilfield Equipment Through 2021

Offshore spending to decline by 9% per year: Douglas-Westwood The U.S. shale recovery will drive a 4% growth rate in onshore expenditures on oilfield equipment in the next five years, according to Douglas-Westwood. In its World Oilfield Equipment Market Forecast DW outlines predictions for the oilfield equipment industry. Total onshore expenditures from 2017 to 2021 are projected to be $385