Energy analysts are beginning to piece together capital spending outlooks for 2016 based on surveys, conversations and anecdotes, with one common theme emerging: it’s lower for longer. Just how much longer is the puzzle.
Decline
Articles from Decline
Rig Decline Slows Pace, But Analyst Sees Further to Go
The decline in the U.S. rig count decelerated again to a drop of just four rigs in the count released by Baker Hughes Inc. on Friday (Sept. 25).
September 25, 2015
U.S. GOM Adds Two Rigs, But Overall Decline Continues
Two rigs returned to the U.S. Gulf of Mexico (GOM) in the latest count of active drilling rigs by Baker Hughes Inc. released Friday (Sept. 25). That brings the GOM tally to 31, still way off from its year-ago level of 59.
September 25, 2015
U.S. Oil Supplies Already Declining, But Not For Long, Raymond James Says
Domestic oil supply in all likelihood already has rolled over, but don’t expect the decline to last, said analysts with Raymond James & Associates Inc.
June 30, 2015
U.S. Oil Supplies Already Declining, But Not For Long, Raymond James Says
Domestic oil supply in all likelihood already has rolled over, but don't expect the decline to last, said analysts…
June 30, 2015
Brakes Applied on Rig Decline Rate, Apparently
The pace of the U.S. rig count decline moderated significantly in the latest tally, which was released Friday by Baker Hughes Inc for the week ending May 22. While offshore saw a decline, the land rig count came back by three in the United States.
May 22, 2015
NGI The Weekly Gas Market Report
Brakes Applied on Rig Decline Rate, Apparently
The pace of the U.S. rig count decline moderated significantly in the latest tally, which was released Friday by Baker Hughes Inc…
May 22, 2015
U.S. Oil, Natural Gas Machinery Orders Down Sharply, Says Commerce Department
The outlook for U.S. oilfield service (OFS) operators continues to be bleak, with new orders for drilling equipment used in oil and natural gas fields down 16.6% in February from January, the Department of Commerce reported on Thursday.
April 2, 2015
U.S. Deals, Values Decline, Still Lead Global Activity
North America’s $15.9 billion in oil and natural gas merger and acquisition activity led the global markets during the third quarter with a 38% share, but overall U.S. activity and deal values declined year/year, according to PLS Inc. and Derrick Petroleum Services.
October 14, 2013
Broad Decline Settles In; Traders Await Storage Stats
Natural gas cash and futures bulls took a breather Wednesday.
October 10, 2013
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