Industry: Oilfield services & equipment

On November 5th Americans will vote for their next president. This election can feel like déjà vu, as the two main candidates are the same as in 2020. According to current polls and reports, the race is expected to be tight. The first debate is scheduled for June 27th and might help inform voters – […]

The flurry of consolidation amongst operators in the shale patch that began last year is continuing in 2024 as well. Mergers and acquisitions (M&A) activity has been particularly brisk, with deals varying in size and scope. For instance, Chevron acquired PDC Energy exactly a year ago for $7.6 billion and followed up with an offer for Hess […]

In 2024, the upstream oil and gas industry is expected to experience notable changes influenced by developments in 2023. From the ongoing wave of consolidation and the maturation of the U.S. shale sector to pivotal shifts in Latin America, Africa, and Asia, the industry is adapting to new dynamics. Technological advancements, particularly in digitalization and […]

The Haynesville shale has emerged as a major natural gas play in recent years. Natural gas production from the Haynesville shale reached a new record high of 14.5 Bcf/d in 2023, accounting for 14% of all U.S. dry natural gas production. Haynesville production growth has accounted for 40% of the U.S. gas production growth recently. […]

Compressors are used in a wide range of applications in the oil and gas, energy, and petrochemical industries. The growing hydrogen, carbon capture, biofuels, and other energy transition markets present new opportunities for compressor companies. Many of these industries are being built from the ground up, offering years of growth for compressors and related equipment […]

Ever since Russia invaded Ukraine on February 24, 2022, western countries have spent a lot of time cutting ties with Russia and enacting sanctions to financially pressure them, with a particular emphasis on their fossil fuel industry. With more than a year passing since the start of this war, in this blog, we take look […]

AMERICAS FlexPO 2012 CMR Inc. recently concluded its 21st annual FlexPO conference. The conference was conducted over two days in downtown Houston, TX, and featured speakers from across the globe. The conference was inaugurated by Dr. Balaji Singh, President of CMR. Dr. Balaji Singh welcomed all the delegates and introduced the main theme for the […]

The Haynesville Basin is set to see three new pipeline projects in 2023. Two of them will be to enhance the capacity of preexisting pipelines, while the other one will be an entirely new pipeline. If everything goes as anticipated, these three projects will cumulatively increase the play’s gas takeaway capacity by 2.35 billion cubic […]

Upstream oil and gas fared well in 2022. Despite oil prices falling over 30% from their summer highs, oil and gas prices remain elevated, with WTI prices over $70 per barrel and natural gas at prices not seen since 2008.  Net income in 2022 is expected to double from 2021 for oil and gas producers, […]

After nearly a decade of stagnant growth, geothermal energy may be poised for a period of growth again. New technologies, new investors, and technological innovations for geothermal systems including enhanced geothermal systems (EGS), supercritical geothermal, and advanced geothermal systems (AGS). A discussion of these systems can be found here. Changing Landscape One of the biggest […]

ADI Analytics launched a multi-client study evaluating LNG penetration in trucking, rail, marine, and E&P markets, with analysis of supply costs, vehicle conversion economics, and value chain returns validated by stakeholder insights. In addition, the study provides a comprehensive view of the competitive landscape, including efforts to develop LNG supply at the both the merchant […]

Oil and gas companies are making decarbonization commitments that include mainly cutting Scope 1 and Scope 2 greenhouse gas (GHG) emissions although they are under growing pressure to also cut Scope 3 emissions.  To this end, there is growing interest in understanding and benchmarking GHG emissions across the value chain from exploration and production through […]