- Tight Gas & Oil
- Gas Hydrates
Companies are motivated by ambition and opportunity, while sellers are trying to get ahead of debt or stay afloat in a turbulent year for A&D.
Rig pricing has bottomed, though anticipation of a price recovery now stretches out to mid-2016 on the basis of too many rigs, too much oil, and low commodity prices, say service providers.
Concern is growing over the 2,000 drilled but uncompleted wells in the region, which could be the first green shoot in a long-anticipated rise in demand for Permian Basin pressure pumping services.
|7 Day Trend||81 (-50)|
|30 Day Trend||398 (-130)|
|1 Year Trend||9204 (+183)|