A decline in the U.S. rig count through the second half of 2017 “appears inevitable” based on recent oil prices, but an undersupplied market could drive prices and drilling activity sharply higher in 2018, analysts at Raymond James & Associates said Monday.
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Articles from Adkins
Depleted Frack Capacity to Cap U.S. Rig Count at 800 in 2017, Says Raymond James
Pressure pumping attrition, brought about by financial stress on oilfield operators and equipment wear and tear likely will constrain the U.S. rig count into 2017, Raymond James & Associates said Monday.
September 19, 2016
Raymond James Joins NatGas Bulls, Sees Stronger Prices Through 2018
Falling supplies and healthy demand have led Raymond James & Associates Inc. to join other gas bulls by raising its 2016 Henry Hub forecast and lifting the outlook for 2017 and 2018.
July 5, 2016
Diverting Capital to Buying Back Debt an Opportunity For Distressed E&Ps, Says Raymond James
With the oil futures curve not forecasting a price rebound above $50/bbl until 2019, it may be a better play to pay down debt than invest in upstream development or acquisitions, Raymond James & Associates Inc. analysts said this week.
January 15, 2016
NGI The Weekly Gas Market Report
Offshore Drilling Downturn Forecast Through 2017 or Longer
The natural gas and oil industry has hit the skids since the middle of 2014, but the subsector that’s fallen into the well in the offshore could remain underwater through 2017 and “potentially longer,” according to analysts with Raymond James & Associates Inc. Gulf of Mexico operators shared similar sentiments last week.
November 2, 2015
U.S. Net Oil Independence Possible by 2020, Says Raymond James
The United States is on track to become net oil independent by 2020, if production continues on its current path in the Permian and Williston basins, and in the Eagle Ford, Raymond James & Associates Inc. analysts said Monday.
October 1, 2013
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