Energy Market Commentary // Service Costs

Service Cost Inflation Hitting Producers

Independent Upstream, Midstream & Downstream Oil, Natural Gas & NGL Analysis and Due Diligence.
November 2, 2017 |
As part of BTU Analytics’ continuing effort to monitor the effects of service costs on producer actions, today we examine service company data for 3Q’17. Last quarter BTU posted an article about how oil service margins had begun to...
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Service Margins Poised to Rebound

August 2, 2017 |
Last year BTU wrote an article about the cyclical pattern of service cost margins and the correlation with WTI pricing. As crude prices fell throughout 2015, both Halliburton (NYSE: HAL) and Schlumberger (NYSE: SLB) showed margins dropping from averages...
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Proppant Demand on the Rise

December 12, 2016 |
As producers strive towards maximizing overall recovery, one significant trend seen over the last few years is an increase in the amount of proppant used per well. In 2014 and 2015 low sand prices helped build proppant demand, and ultimate recovery...
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Oil Volatility Ahead?

July 6, 2016 |
Oil volatility continues to give the market fits and starts.  Over the last four weeks, the market has seen a number of bullish and bearish pricing signals. On the bullish side, mother nature and unrest challenged global oil production...
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