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Spears & Associates Inc.

About

Spears & Associates Inc. provides business planning, analysis, activity forecasts and market research-based consulting services to the worldwide petroleum equipment and service industry. Clients include petroleum equipment manufacturers, oilfield service firms, financial institutions and research groups. Spears & Associates has served the oil field since 1965. Its services are divided between off-the-shelf unique data-driven products, private and multi-client consulting, and the Spears Insider, a subscription to weekly insight emails. The staff of Spears & Associates provides a wealth of experience in the oilfield from the service perspective and the oil company perspective.

Headquarters Address

8908 South Yale, Suite 440
Tulsa, OK 74137
United States

Main Phone Number
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News

Spears Projects Annual 8% Increase in Artificial Lift Market through 2025

Flush with profits on the back of high prices, the oil and gas industry still faces potential issues like a hostile political environment, lack of personnel and low levels of exploration activity, Spears & Associates’ Richard Spears told the audience at the SPE’s Artificial Lift Conference.

Report: Oilfield Service Spending to Fall 21% as Producers Slash Costs

Oilfield segments with the greatest share of North American revenue will see the biggest hits, with hydraulic fracturing spending down 44% from last year and land contract drilling down 29%.

US Shale Producer Shares Spike With Oil Prices

Analysts said oil prices would have to rise much more to make a lasting impact on U.S. shale producers. They noted that the industry has yet to deliver consistent returns.

Oilfield Survivalists: Service Sector Challenges

Caught in a cutthroat competition, oilfield service companies are pitted against one another for business, E&Ps are taking advantage of an oversupplied market and a recognized-need for consolidation is crawling along.

From OGI Editor-In-Chief: Depleting The OFS Sector

Can consolidation save the depleting oilfield service sector?