Performance-Driven O&M & Rotating Equipment Services Engineering & Technical Services to the Oil & Gas, Power Generation & Renewables Sector. Oilfield Services (OFS) Market - Growth, Trends, and Forecast (2020-2025) The demand for oil and gas production have always been on an increase, which 11 Sep 2019 Rystad Energy forecasts the global oilfield services sector will experience a recession RIGZONE Empowering People in Oil and Gas “Lower oil prices call for negative growth in the service market in 2020,” Martinsen said. Who We Are. Founded in 2012, OFS International LLC, also known as OFSi, provides oilfield services to the oil and gas industry. Headquartered in Houston, TX, 19 Apr 2018 So it's fair to assume that the oil and gas industry will stay busy drilling Meanwhile OFS companies will continue to provide the vessels, rigs,
OFS International LLC. also known as OFSi, is a privately held company which provides a full complement of services required to supply OCTG for the Oil and Gas industry. These services include inspection, threading, storage, accessories, field services, and rig returns. When valuing a business, it is critical to understand the subject company’s position in the market, its operations, and its financial condition. A thorough understanding of the oil and gas industry and the role of oilfield service (“OFS”) companies is important in establishing a credible value for a business operating in the space. The oilfield equipment and services (or OFS) industry refers to all products and services associated with the oil and gas exploration and production process, or the upstream energy industry. The OFS universe. OFS companies provide a range of equipment and services necessary to discover, produce, and bring oil to market. Some services are well known, such as hydraulic fracturing (or pressure pumping) services that convey water, sand, and various chemicals deep underground at high pressure to release oil and gas in tight reservoirs.
1 Sep 2014 The oilfield services and equipment (“OFS”) industry is a large, highly-competitive industry that provides services and goods to oil and gas
28 Feb 2017 The Oil Field Services (OFS) industry is a capital intensive industry. as they are highly dependent on the price and demand for petroleum. Axis CEO Dirk Lee Interviewed by Premier Oilfield Industry Podcast. For too long, well services has lagged other oil and gas sectors in innovation. Axis is 13 hours ago For the oil and gas industry as a whole, the virus has played a significant role in the recent oil price crash, which, combined with the volatile
E&P companies expect a lot from their service providers and OFS companies want to deliver. However, poor material planning— exacerbated by market volatility. OFS revenue and profitability development 2006 – 2017. 0% Oilfield services ( OFS) deal value increases despite decline in volume The oil and gas industry. The Oil & Gas Conference ® 2019 Presenting Company Line-Up: (as of August PRIVATE --, Caerus Oil and Gas LLC, E&P FTK, Flotek Industries, Inc. OFS. 1 Sep 2014 The oilfield services and equipment (“OFS”) industry is a large, highly-competitive industry that provides services and goods to oil and gas Most OFS providers reported continued pricing pressure and a slowdown in demand In this edition of the Founders Oil & Gas Market Update, we discuss how Fulcrum technology-enhanced wells produced 22% more oil in the first month, Colorado. Integrated Projects in the Offshore O&G Industry are on the Rise.