What is oilfield services industry

The oilfield services sector in recovery Deloitte’s new report, Phoenix rising: The oilfield services sector transforms again, examines the impact the downturn has had on the oilfield services sector. It explores the actions and attributes of the companies who survived and prospered during this time, as well as those that did not. Oil Field: A tract of land used for extracting petroleum, or crude oil, from the ground. Although the exact origin of oil is still contested, most consider petroleum a "fossil" fuel, created from

Oilfield services includes different oil related activities such as exploration, drilling, completion, stimulation, production, and intervention among many others for  2 Jul 2019 For the oilfield services industry, it's no longer about merely navigating a downturn. It's now about survival. The oilfield services and equipment (OFSE) industry provides equipment and services to oil and gas exploration and production (E&P) companies worldwide. The global oilfield services market size was valued at USD 103.26 billion in 2016 . The increasing development of new oilfields and the rising demand for energy  Welcome to EY's ninth annual review of the UK oilfield services (OFS) industry. We review the 2018 trading performance of UK registered companies in the hugely  Oil & Gas Field Services Industry in the US - Market Research Report Oilfield support services; Oil drilling services; Natural gas well support services; Natural 

24 May 2019 The oilfield equipment and services (or OFS) industry refers to all products and services associated with the oil and gas exploration and 

6 Oct 2011 Halliburton: Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With more than  17 Jul 2019 N, said of the oilfield services industry in May. “Everyone understands that trying to reduce our cost structure is not going to be how we improve  Shale-gas drilling boom props up oilfield services sector. 14 December 2010. North America's shale-gas plays supported the oilfield services industry during the  BECOME THE MOST INFORMED PLAYER. Enverus is the global leader in oil & gas intelligence, bringing you actionable insights on leases, rigs, permits, and  27 Feb 2013 Oilfield Services is a tough industry. Success requires smart decision making based on the best intelligence. Here are 7 steps to aid you in the  Oilfield Services. Mammoth's suite of services includes infrastructure construction services, pressure pumping services, natural sand An extensive track record in the energy services industry with an average of over 35 years of experience.

17 Jul 2019 N, said of the oilfield services industry in May. “Everyone understands that trying to reduce our cost structure is not going to be how we improve 

Companies in this industry support oil and gas field operations on a contract basis. Major companies include Baker Hughes, China Oilfield Services, Halliburton, Nabors Industries, National Oilwell Varco, Saipem, Schlumberger, Transocean, and Weatherford International. The oilfield services and equipment (“OFS”) industry is a large, highly-competitive industry that provides services and goods to oil and gas exploration and production (“E&P”) companies. The industry and transaction market for its participants are noted for significant cyclicality.

12 Nov 2019 Caught in a cutthroat competition, oilfield service companies are pitted against one another for business, E&Ps are taking advantage of an 

In the oil and gas value chain, the oilfield services sector is an essential partner for exploration and production companies. They provide drilling, completion,  25 Nov 2016 The oilfield equipment and services (or OFS) industry refers to all products and services associated with the oil and gas exploration and  The Global Oilfield Services Market size was valued at nearly US$ 250 Bn in 2018 and is projected to reach approximately US$ 330 Bn by the end of 2026,  24 May 2019 The oilfield equipment and services (or OFS) industry refers to all products and services associated with the oil and gas exploration and 

As oilfield services companies grow into this space, they the service company sector in various regions, to developing a high-tech service industry in.

2 Jul 2019 For the oilfield services industry, it's no longer about merely navigating a downturn. It's now about survival. The oilfield services and equipment (OFSE) industry provides equipment and services to oil and gas exploration and production (E&P) companies worldwide. The global oilfield services market size was valued at USD 103.26 billion in 2016 . The increasing development of new oilfields and the rising demand for energy 

22 Sep 2018 When oil and natural gas prices rise, then the oilfield industry services industry sees rapid revenue growth. If the oil and natural gas prices fall,  Oilfield services sector is considered to be an essential partner for the oil exploration and production companies. They provide oil well maintenance, completion,  18 Nov 2016 To improve profitability of the business, oilfield services companies such as Schlumberger, are looking at digital transformation to re-invent how  20 Mar 2018 Zion Market Research has published a new report titled “Oilfield Services Market (Pressure Pumping Services, Oil Country Tubular Goods,  The oilfield equipment and services industry refers to all products and services associated with the oil and gas exploration and production process, or the upstream energy industry. The Oilfield Services/Equipment Industry is made up of a mature set of companies, the fortunes of which are dependent on the drilling expenditures of oil and natural gas producers. Since demand for such fuels fluctuates with the economy, oilfield services stocks are considered cyclical. Companies in this industry are of two main types: those that rent drilling rigs and those that provide the