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US drilling cost inflation trends

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11 October 2013

US drilling cost inflation trends

Report summary

Wood Mackenzie's analysis of cost drivers in the US onshore drilling market shows that inflation has moderated in recent months and we see limited potential for strong inflation in this sector over the next few years. Overall, we anticipate US drilling cost inflation to remain below 5% through 2018. The impacts of pad drilling, ample supply from the service sector and moderate growth in commodity prices ease inflation concerns. During the mid-2000's, the US oil and gas industry saw a...

Table of contents

Tables and charts

This report includes 11 images and tables including:

  • Drilling Oil, Gas, Dry or Service Wells PPI vs. Industrial Commodities PPI (100 = January 2000)
  • Drilling Oil, Gas, Dry or Service Wells Producer Price Index (100 = January 2000)
  • Drilling Oil, Gas, Dry or Service Wells PPI and Oil & Gas Labour Rate Index (100 = January 2000)
  • Oil prices and drilling activity
  • PPI Drilling Oil, Gas, Dry or Service Wells (100 = 2000)
  • Rig Count by Product
  • Steel and Nickel Price Outlook (Nominal US$)
  • WTI and Henry Hub Forecasts (Nominal)
  • Rig Count Forecast
  • PPI Drilling Oil, Gas, Dry or Service Wells (100 = 2000)
  • PPI Drilling Oil, Gas, Dry or Service Wells

What's included

This report contains:

  • Document

    US drilling cost inflation trends

    PDF 529.31 KB