Oil services sector outlook

With oil demand growing, and investment in many major projects having been deferred during the downturn, there is less potential supply available. Oil companies will need to boost their production, and there is a risk that some may struggle to keep up. The fundamental challenge, of course, is the intrinsic volatility in the sector. The World Oil Outlook combines the expertise of the OPEC Secretariat, professionals in OPEC Member Countries and the Organization’s Economic Commission Board, as well as input from various other sources. The OPEC Secretariat welcomes any feedback. View below the latest edition.

If this is indicative of the path for oil, costs may stay down for a long time. However, a vigorous industry also needs a healthy ecosystem of producers, service providers, manufacturers, and other suppliers. Although producers are surviving, and in some cases growing again, many in the oilfield services industry continue to suffer. As 2018 comes to a close, the Investing News Network is looking back at the main trends in the oil and gas space during the year, and at what the oil and gas outlook is for 2019. These services are performed on a well when it is considered to be unsuitable for the production of oil & gas resources. The components used in the downhole sector, such as electrical submersible pumps, safety valves, and tubing, malfunction owing to intensive working temperatures and pressures and hence need to be replaced or repaired at regular intervals. The growing electrification of transport, the possible plateauing of oil demand by the 2030s (highlighted by BP in its 2018 Energy Outlook publication), and the deployment of smart technologies to better manage supply and demand will require business models throughout the energy industry to evolve. As for U.S. oil (including tight oil), output As 2018 comes to a close, the Investing News Network is looking back at the main trends in the oil and gas space during the year, and at what the oil and gas outlook is for 2019. The oil and gas industry analysis of the last year has set certain precedents and the companies need to create an informed outlook for 2019 to prepare better for the challenges and gain from the opportunities. Following a year of dramatic dynamics in geopolitics, trade and economic policies, 2019 could be an eventful year.

Jan 4, 2019 The offshore oilfield services sector is expected to see a sharp uptick in spending in 2019, giving a boost to breakbulk operators, according to 

As 2018 comes to a close, the Investing News Network is looking back at the main trends in the oil and gas space during the year, and at what the oil and gas outlook is for 2019. These services are performed on a well when it is considered to be unsuitable for the production of oil & gas resources. The components used in the downhole sector, such as electrical submersible pumps, safety valves, and tubing, malfunction owing to intensive working temperatures and pressures and hence need to be replaced or repaired at regular intervals. The growing electrification of transport, the possible plateauing of oil demand by the 2030s (highlighted by BP in its 2018 Energy Outlook publication), and the deployment of smart technologies to better manage supply and demand will require business models throughout the energy industry to evolve. As for U.S. oil (including tight oil), output As 2018 comes to a close, the Investing News Network is looking back at the main trends in the oil and gas space during the year, and at what the oil and gas outlook is for 2019. The oil and gas industry analysis of the last year has set certain precedents and the companies need to create an informed outlook for 2019 to prepare better for the challenges and gain from the opportunities. Following a year of dramatic dynamics in geopolitics, trade and economic policies, 2019 could be an eventful year.

Oct 9, 2019 JPMorgan equity strategist Lakos-Bujas says the sector is both "hated and cheap. " Energy stocks, largely abandoned by investors this year even as oil prices Oil Refiners ETF (CRAK), and the VanEck Vectors Oil Services ETF (OIH). His fourth reason concerns the broader outlook for U.S. economic 

Nov 6, 2019 Press release - Business Industry Reports - Oilfield Services Market Outlook With Is Expected To Grow 106000.0 Million $ Till 2024 | Top Key  Jul 1, 2019 Despite record U.S. oil and gas production, sector's financial outlook is the fourth-leading oil services company, which owes investors $7.7  Oct 31, 2019 The Calgary-based industry group released its 2020 Canadian Oilfield Services Activity Forecast on Thursday, predicting that 4,500 wells will  Jun 26, 2019 A decade ago, the oilfield services sector earned a return on capital is set to contribute 29% of the forecast growth from here through 2022. Jun 26, 2019 DALLAS—Energy sector activity was flat in the second quarter after Exploration and production (E&P) and oilfield services firms drove the  May 24, 2019 The oilfield equipment and services (or OFS) industry refers to all that are used to gauge the outlook and demand across the OFS sector:.

Oil/Energy is one the 16 broad Zacks sectors within the Zacks Industry classification and are further sub-divided into 10 industries at the expanded (aka “X”) level. We rank 265 X industries in the 16 Zacks sectors based on the earnings outlook and fundamental strength of the constituent companies in each industry.

Dec 27, 2019 The petroleum industry as well as the oil and gas industry is undergoing a significant shift, with this being driven by a few trends. While much of  Oct 21, 2019 The oil field services sector sells drilling, fracking, water and outlook followed those of Schlumberger, the worlds biggest oil field services  Nov 6, 2019 Press release - Business Industry Reports - Oilfield Services Market Outlook With Is Expected To Grow 106000.0 Million $ Till 2024 | Top Key  Jul 1, 2019 Despite record U.S. oil and gas production, sector's financial outlook is the fourth-leading oil services company, which owes investors $7.7  Oct 31, 2019 The Calgary-based industry group released its 2020 Canadian Oilfield Services Activity Forecast on Thursday, predicting that 4,500 wells will  Jun 26, 2019 A decade ago, the oilfield services sector earned a return on capital is set to contribute 29% of the forecast growth from here through 2022.

Oil & Gas Industry Outlook - March 2018. Posting its second annual gain in a row, oil prices closed 2017 up more than 12%. Keeping up the momentum, the commodity got off to a strong start this year with the West Texas Intermediate (WTI) crude futures climbing 7.1% in January.

Unrivalled insight into the oilfield services sector Forecast oilfield services market spend in North America by sub-basin for more than 20 segments to help  Dec 4, 2019 These operators offer drilling rigs (both land-based/onshore and offshore), equipment, services and manpower to exploration and production  Sep 12, 2019 Lower oil prices will lead the global service market into a recession in 2020 forecasts a better outlook for the global oilfield services market. These factors are predicted to boost the regional demand for oilfield services over the next few years. According to BP's Energy Outlook 2017, the demand for  

If this is indicative of the path for oil, costs may stay down for a long time. However, a vigorous industry also needs a healthy ecosystem of producers, service providers, manufacturers, and other suppliers. Although producers are surviving, and in some cases growing again, many in the oilfield services industry continue to suffer. As 2018 comes to a close, the Investing News Network is looking back at the main trends in the oil and gas space during the year, and at what the oil and gas outlook is for 2019. These services are performed on a well when it is considered to be unsuitable for the production of oil & gas resources. The components used in the downhole sector, such as electrical submersible pumps, safety valves, and tubing, malfunction owing to intensive working temperatures and pressures and hence need to be replaced or repaired at regular intervals. The growing electrification of transport, the possible plateauing of oil demand by the 2030s (highlighted by BP in its 2018 Energy Outlook publication), and the deployment of smart technologies to better manage supply and demand will require business models throughout the energy industry to evolve. As for U.S. oil (including tight oil), output As 2018 comes to a close, the Investing News Network is looking back at the main trends in the oil and gas space during the year, and at what the oil and gas outlook is for 2019.