Industry: Oilfield services & equipment

Methane, the primary component of natural gas, is a potent greenhouse gas, significantly more impactful than carbon dioxide over a 20-year period. The midstream sector, responsible for gathering, processing, and transporting natural gas, is a key focus in efforts to reduce methane emissions in the oil and gas industry. Gathering and boosting operations, which collect […]

Uday Turaga, Founder and CEO of ADI Analytics, shared expert insights with clients, including operators, OEMs, and oil field service companies, on the future of methane regulations. This discussion explored how methane emission pressure on US oil and gas would persist, driven by European LNG buyers, state-level rules, the Inflation Reduction Act, and voluntary industry […]

In support of the 2025 ADI Forum oil and gas outlook, this video explored emerging trends in Suriname, the Gulf of Mexico, and Türkiye as 2025 shaped the global oil and gas landscape. The video highlighted a projected 3% growth in offshore deepwater investments driven by these key regions and examined the challenges of high […]

The choice between technical service contracts (TSCs) and production sharing contracts (PSCs) can significantly impact the development of a country’s oil and gas industry.   Technical service contracts (TSCs) are agreements where a company provides technical expertise and services to the state-owned oil company in exchange for a fee. This model can be particularly attractive when […]

Decarbonization efforts in the oil and gas sector continue to gain momentum but face significant challenges. In our previous blog, we discussed the challenges oil and gas companies face in reducing upstream greenhouse gas (GHG) emissions and highlighted several initiatives major operators such as ExxonMobil, Chevron, and Shell have made in GHG emissions reduction. However, […]

ADI forecasts continued, yet moderated, growth and investment in shale, driven by gas demand, divestitures, and innovation.

Beginning with the 2016 Presidential election in the U.S., ADI has been publishing a summary of energy policy proposals by the leading candidates. Our summary has typically collected the positions of the two candidates on key energy issues, and we have tried to be objective by using their own words – made through statements reported […]

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 […]

At the 2024 ADI Forum, Uday Turaga, CEO, ADI Analytics, presented an outlook of anticipated trends, challenges, and opportunities within the oil and gas industry for 2024. Key topics included stable oil prices despite global events, an oversupplied natural gas market, and limited midstream growth. US refining was moderating, while capex grew slowly due to […]

At the 2024 ADI Forum, Austin Harbour, Managing Director, Piper Sandler, and Sean Ebert, Senior Partner, Altira Group join moderator Uday Turaga, CEO, ADI Analytics, for the oilfield services and equipment panel. Key topics include digital transformation in oil and gas, particularly its value and implementation by major players. M&A trends in the oilfield services […]

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 […]