Energy Market Commentary // Service Costs

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...
Read more..

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...
Read more..

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...
Read more..