Wednesday, July 9, 2025
U.S. Shale will Drive 30% Oilservice Spending Rebound in 2017: BI

U.S. Shale will Drive 30% Oilservice Spending Rebound in 2017: BI

Quick Take: 2017 Oilfield Service and Drilling Outlook from Bloomberg Intelligence Bloomberg Intelligence (BI) analysts Andrew Cosgrove and William Foiles presented a briefing today on the outlook for U.S. oil services and drilling. Bottom line: U.S. shale developers will lead a rebound in oilfield service activity in 2017. Oil Price and CapEx Outlook The Bloomberg analysts expect the global oil

Oil Service

Use of Water-Based Drilling Fluids on the Rise: Report

Drilling Fluids Market Dips to $8 Billion in ’15, but Rise of WBF and Foam-based Muds are Coming on Strong thanks to Environmental Regulations The global drilling fluids market size was valued at USD 7.98 billion in 2015, a slump from the previous year due to declining oil industry activity, San Francisco’s Grand View Research said in a new report. No surprises

graphene - Oil & Gas 360

Will Graphene Change the Oil & Gas Industry?

Graphene: Is it the Material of the Century? Engineering.com called graphene “the wonder-material of the 21st century.” “Comprised of a single layer of carbon atoms, graphene is stronger than diamond, yet a million times thinner than a human hair. It is stretchable, transparent, super-conductive and can filter gases and liquids at the molecular level.” Graphene being described as ‘transparent carbon’ is reminiscent of a scene

Roughnecks at drill site.

DUCs in a Row for 2016: It’s Anybody’s Guess

The oil and gas industry is a cyclical business, but it also a business of trends. At last year’s The Oil & Gas Conference®, the term “sand” was mentioned repeatedly in regards to completion techniques and optimizations. The term of choice during the commodity downturn is “efficiency” as operators develop methods to generate the best bang for the buck. A

Proposed Colorado Oil and Gas Regulations: Concerns about Community Rules Persist at Hearing

Parties spoke today at the COGCC rulemaking hearing in Denver, Colorado A crowded room listened intently today as several parties shared their concerns with the Colorado Oil and Gas Conservation Commission (COGCC) over new rules being put in place after study and recommendation by the Colorado Oil and Gas Task Force. In September 2014, Colorado Governor Hickenlooper created the task

Drill Rig in Alaska - Oil & Gas 360

At $51 Billion, Alaska’s Hydrocarbons Fuel the Country’s Largest Trust Fund: EIA

State’s Permanent Fund Pays Annual Cash Dividend to All Residents The 49th state has its perks. All Alaskans get an annual dividend check from the state. In 2014 their checks were $16 shy of $1,900 per resident. Residents can thank their state for the royalties generated by oil and gas production on state lands that go into The Alaska Permanent Fund, established in

Crude Oil Demand Fundamentals - EnerCom

Energy Experts Discuss 2015

Synergy Resources, Earthstone Energy, Fortis Energy Services, Samson Oil & Gas, Wunderlich Securities—Exclusive Video Interviews EnerCom, Inc. today posted new executive video interviews with the following companies: Synergy Resources (NYSE MKT: SYRG) Chief Operating Officer Craig Rasmuson Earthstone Energy (NYSE MKT: ESTE) EVP Corporate Development and Engineering Robert Anderson Fortis Energy Services (Privately held) CEO Nathan Conway Samson Oil &