Insight
Messages from the sand mine: a candid discussion on tight oil costs
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Report summary
Even with the recent dip in oil prices, a steady level of drilling and completion activity is paramount to both E&Ps and service providers. Operators not able to maintain steady activity levels will be risking supply continuity from their OFS vendors, not to mention picking up undue exposure to price spikes for future goods and services. With such a dynamic OFS market in play for the upcoming year, we caught up with Scott Forbes, Research Manager Lower 48 Upstream Costs, to get his take on what onshore US operators can expect heading into 2019.
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