Tag Archives: thinking-ahead

As we write, the US onshore rig count is breaching the 700 mark (it stood at 689 last week). In this update, we explore what happens when a rig count of 900 is reached (which could happen sooner than you might think). We dig into the details of how much …

In the upstream sector, carnage isn’t hard to find. In fact, we’ve all become a bit desensitized to it. But in this beaten-up oilfield, the offshore drillers stand out, not just for recent hardships but because years of austerity lie ahead. A construction overhang factors in, but that’s not the only problem facing the offshore industry. …