Global oilfield equipment spending is forecast to total $622 billion between 2016 and 2020, with onshore growth surpassing the offshore by 2017, Douglas-Westwood said Wednesday.
Onshore
Articles from Onshore
Apache Eyeing Permian For Spending Boost as ‘Relentless’ Focus on Costs Yields Results
Houston super independent Apache Corp. continued to reduce its drilling activities in the first quarter from a year ago, but it still delivered in North America’s onshore, with results in the legacy Permian Basin “particularly strong,” CEO John Christmann IV said Thursday.
May 6, 2016
Apache Beats North American Production Guidance as Onshore Delivers, Well Costs Fall 45%
Houston super independent Apache Corp. sharply reduced its drilling activities in the first quarter from a year ago, but it still delivered in North America’s onshore, with results in the legacy Permian Basin “particularly strong,” CEO John Christmann IV said Thursday.
May 6, 2016
Apache Eyeing Permian For Spending Boost as ‘Relentless’ Focus on Costs Yields Results
Houston super independent Apache Corp. continued to reduce its drilling activities in the first quarter from a year ago, but it still delivered in North America’s onshore, with results in the legacy Permian Basin “particularly strong,” CEO John Christmann IV said Thursday.
May 6, 2016
Apache Beats North American Production Guidance as Onshore Delivers, Well Costs Fall 45%
Houston super independent Apache Corp. sharply reduced its drilling activities in the first quarter from a year ago, but it still delivered in North America’s onshore, with results in the legacy Permian Basin “particularly strong,” CEO John Christmann IV said Thursday.
May 6, 2016
Helmerich & Payne Keeping High-Tech Rigs Ready, but Expecting More Deterioration in U.S. Land
Contract driller Helmerich & Payne Inc. is keeping its fleet in top-notch shape for an eventual industry upturn, but management conceded on Monday that a return to business-as-usual is unlikely before the second half of the year.
May 2, 2016
Helmerich & Payne Keeping High-Tech Rigs Ready, but Expecting More Deterioration in U.S. Land
Contract driller Helmerich & Payne Inc. is keeping its fleet in top-notch shape for an eventual industry upturn, but management conceded on Monday that a return to business-as-usual is unlikely before the second half of the year.
May 2, 2016
No Gain, More Pain Forecast For OFS Sector
As first quarter results are unveiled, expect to hear more hardship from the oilfield services (OFS) sector, energy analysts said.
April 21, 2016
No Gain, More Pain Forecast For OFS Sector
As first quarter results are unveiled, expect to hear more hardship from the oilfield services (OFS) sector, energy analysts said.
April 21, 2016
Anadarko Waiting Out Prices by Reducing U.S. Onshore Spending by 70%, Rig Count to Five
With no relief expected from oil or natural gas prices through this year, Anadarko Petroleum Corp. plans to direct its onshore might to only two basins, the Denver-Julesburg and the Permian, management said Tuesday. No rigs are planned in any other onshore play.
March 1, 2016
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