Items Tagged with 'completion'

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OFS In-Depth Part 1: Rising Costs May Lead to Volatile Oil, Natural Gas Production Growth

Part one of a two-part report

While many producers have been expecting a rise in oilfield service (OFS) costs (including, but not limited to the cost of rigs, pressure pumping and transportation) of around 10-15% from 2016 levels, some analysts are saying actual costs in 2017 could come in more than 20% higher and up to 30% higher from 2016 levels in 2018.

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