- Tight Gas & Oil
- Gas Hydrates
Contractors in the greater Rocky Mountain market see some capex available for operators in 2016, but suspect it will be directed to leasing. Several expect full recovery in by 2018.
Contractors in the Rockies outside the Bakken Shale hunker down and await 2016 capex plans from operators. Routine maintenance accounts for 59% of job mix in the region.
Challenging commodity prices prompt greater Rockies operators to look at alternatives to oil and gas exploration. Judging by comments among survey respondents, $36 oil doesn’t work economically.