Exploration & Production

Premium Blend

The Good News About The Current Downward Trend In Oil Prices

Fri, 11/21/2014 - 09:52

The chilly commodity price environment could make 2015 a choppy year for oil producers, according to Travis Nichols, director, Investment Banking at Tudor, Pickering, Holt & Co. Reduced supply will bring prices back up, but it usually takes six to 12 months to "catch up." But there is good news: In the grand scheme of things, the current downward trend ranks "in the middle of the pack" compared to the past nine years, according to Nichols. "We've been here before."

Rig Count


Permian Basin Uses Record Number of Domestic Rigs

The number of rigs in the Permian and the Bakken was analyzed.

Mon, 05/12/2014 - 14:06

Integrated Services Could See Revenues Rise 10% In 2013, Analyst Says

Bakken share gains should reverse as drilling stagnates, activity in other basins expands.

Mon, 01/14/2013 - 14:00

Five Reasons Land Rig Count is Dropping

As operators drill wells more quickly they are meeting program goals with fewer rigs.

Wed, 10/03/2012 - 15:10

Sell-side Piles On Predictions of an Impending Drop In Domestic Rig Count

Sell-side downgrades are coming to the land drilling sector with the rapidity of an auctioneer’s chant.

Richard Mason
Tue, 07/10/2012 - 10:00