Oil markets: Lower for longer?

Share this article

At the 2026 ADI Forum, Tulio Scacciati, Head of Strategy and M&A at Expro; Benito Ciriza, VP, Business & Portfolio Integration at BW Energy; and Zach Kimball, VP, Finance & Strategic Planning at Citation Oil & Gas Corp joined Uday Turaga, CEO, ADI to discuss the evolving landscape of upstream operations and oilfield services. The panel provided a diverse look at the industry, ranging from international offshore developments to mature US onshore asset management.

Key themes included discussions focused on structural shifts in the oilfield services sector, specifically how operator consolidation is driving the need for service providers to scale for efficiency. On the production side, the panel highlighted a strategic pivot toward brownfield development and repurposing infrastructure to maintain margins in low-price environments. For mature assets, the focus has shifted from volume growth to rigorous cost management and the use of horizontal drilling to extend field life.

ADI Plus Essential subscribers get access to the video. Enhanced and Enterprise subscribers can also gain access to the full transcript.

Essential
$1,000/yr
Full article archives
Full video archives
ADI Forum pass discount
Individual license, 1 user
Enhanced
$6,000/yr
Everything in Essential plan
All PDFs incl. outlooks and decks
ADI Forum partner discount
Team license, 10 users
Enterprise
$15,000/yr
Everything in Enhanced plan
All data files and models
Quarterly outlook webinar
Team license, 30 users

About ADI Analytics

ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.

We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.


Subscribe to our newsletter or contact us to learn more.