Led by onshore spending in the United States, oilfield equipment (OFE) expenditures should continue to increase in the 2020s, reaching a forecast peak of $133 billion in 2023, according to Westwood Global Energy Group.
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Lower 48 to Lead Oilfield Equipment Spending in 2020s, Says Westwood
Led by onshore spending in the United States, oilfield equipment (OFE) expenditures should continue to increase in the 2020s, reaching a forecast peak of $133 billion in 2023, according to Westwood Global Energy Group.
Lower 48 to Lead Oilfield Equipment Spending in 2020s, Says Westwood
Led by onshore spending in the United States, oilfield equipment (OFE) expenditures should continue to increase in the 2020s, reaching a forecast peak of $133 billion in 2023, according to Westwood Global Energy Group.
Briefs — Railroad Commission of Texas
The Railroad Commission of Texas is conducting a half-day educational session on the Permian Basin’s Spraberry trend and Delaware sub-basin from noon to 4 p.m. on April 25 at the Commemorative Air Force Base, 9600 Wright Dr., Midland, TX. Topics include drilling permits, completions, stacked laterals and website queries. Registration is required; seating is limited. The cost is $75/person for registrations by Tuesday (April 11) and $125/person after.