Gulf of Mexico: The Water’s Fine
Historic service cost lows and fewer barriers to entry could trigger investment back into the U.S. Gulf of Mexico … even at $30 oil.
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Historic service cost lows and fewer barriers to entry could trigger investment back into the U.S. Gulf of Mexico … even at $30 oil.
As E&Ps jam the brakes on capex spend, the largest U.S. oilfield service providers respond in unison, cutting costs where they can and laying down equipment where they must.
Private-equity acquirers boosted midstream transactions to the fore last year, but has that till been depleted? An active midstream M&A climate looks to continue in 2020, say pundits, with water-related deals most attractive.
Amidst a volatile price environment and depressed share valuations, the prospect for oilfield service consolidation remains murky. But one thing is certain—it needs to happen.
Study finds E&P companies are not well-positioned for long-term oil price collapse.
From increasing unconventional oil and gas reservoir access to fortifying well defenses, the time of diverters has arrived.
Coupled with software enhancements and machine learning, manned rigs of today are morphing into autonomous units of tomorrow.
While barriers to entry are high, electricity is positioning to be the future of fracturing.
Oil and gas players looking for liquidity will need to get creative as banks look elsewhere to invest.
Tracy Krohn puts his money where his assets are ... in the oil patch, on the race track and in Hollywood.
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