Victoria Roe

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Farm-Out Market Yet to Recover, But Low Costs Mean Attractive Opportunities Exist for Exploration Companies

·         A new report from Westwood Global Energy Group and its partner, JSI Services, shows a significant slow-down in companies buying into exploration wells through farm-ins. ·         With lower costs, farm-ins now look like a more attractive way to boost reserves for those expecting a recover ...

Victoria Roe


Posted 15 days agoPress > farmoutsfarminswestwood global energy group +2

Positive Signs for OFS Sector as US Onshore Market Set to Grow

·         A new market forecast launched today by Westwood Global Energy Group sets out a positive outlook for the US Drilling & Completions Market between 2018-2022, based on a number of oil price scenarios. - Expenditure on completions is out-pacing rig expenditure growth as wells become longer a ...

Victoria Roe


Posted 1 month agoPress > ShaleUS onshorenon conventional +3

Westwood Global Energy Group sees Global Recovery in Land Drilling, Makes Global Land Rigs Data Available for First Time

- The first half of 2017 shows the start of a recovery in the global land drilling market, according to figures from Westwood Global Energy Group (Westwood) - It predicts that the global number of rigs drilling will increase at a seven per cent compound annual growth rate (CAGR), over the period to ...

Victoria Roe


Posted 2 months agoPress > land rigsDrilling2017 Oil industry Predictions

Senior Research Hire for Westwood Global Energy Group

(Aberdeen, UK) – 25 May 2017 – Westwood Global Energy Group (WGEG), the energy market research consultancy, has made a senior strategic hire, bringing on board Emma Cruickshank as Head of Research, Northwest Europe. Emma spent over 10 years at commercial intelligence providers, Wood Mackenzie, most ...

Victoria Roe


Posted 5 months agoPress > Northwest EuropeEmma Cruickshankwestwood global energy group +1

Westwood Global Energy Group Predicts OFS Markets Recovery

- Latest data from Westwood Global Energy Group (WGEG) predicts recovery in some Oil Field Services (OFS) markets, whilst others will remain sluggish - Recovery expected in onshore drilling and the Maintenance, Modifications and Operations (MMO) market - Oilfield equipment will continue to see cha ...

Victoria Roe


Posted 6 months agoPress > Oil Field Services2017 Oil industry Predictions
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