News

DW Monday: Why the shortage of frac sand in Lower 48 Shale?

Posted on April 24, 2017

Many oilfield service and supply companies, including Halliburton (NYSE: HAL), Hi-Crush (NYSE: HCLP), U.S. Silica (NYSE: SLCA), and Fairmount Santrol (NYSE:FMSA) have cited a shortage of frac sand for the U.S. shale plays, specifically 40/70 frac sand in the Permian Basin. Advancements in the horizontal drilling and completion techniques of leading shale E&Ps are driving…read more

In the News, 21st April 2017

Posted on April 21, 2017

A large number of reports have been featured in the news this week, including the recently updated Upstream Investment Outlook:   Rob Stevens was quoted on Energy Voice this week: “Small- to mid-cap exploration and production (E&P) companies are “out of the emergency room” after a tough 2016, but haven’t been discharged yet, an analyst…read more

DW Monday: Will smaller hedged U.S. E&Ps feel the squeeze as service companies warn of higher costs?

Posted on April 17, 2017

Last month, Dave Lesar of Halliburton noted that the domestic market is short of fracture (frack) sand, equipment and experienced personnel. The No. 1 North American pressure pumper is adding 2,000 people to the payroll and putting idled equipment back to work at a frenetic pace. While the company continues to place an emphasis on…read more

DW Monday: Curiosity can do more than kill a cat

Posted on April 10, 2017

“I have no special talents. I am only passionately curious.” Albert Einstein We live in an age where information at your fingertips is expected, important and integral to the validation of rational business decisions.  Yet the success of any organisation in the future will be directly related to its ability to manipulate data and information…read more

The Results are In – DW Monday

Posted on April 10, 2017

Thank you to the 200+ people who took part in our recent DW Monday survey. A great response with positive responses and some great ideas. So what did you all say? To start our timing of delivery seems to suit almost 90% of you, so you can continue to expect to see the Westwood Insights…read more

In the News, 7th April 2017

Posted on April 7, 2017

There have been many news stories related to WGE this week, including the recent acquisition of Energent Group:   There was a new addition to the WGE portfolio this week with the acquisition of Energent Group, with several news sites reporting the news: “The addition of Energent’s information and analytics platform, plus industry specialist analyst…read more

Westwood Global Energy Group expands North American offering for the unconventional market

Posted on April 7, 2017

Westwood Global Energy Group acquires Energent Group Software LLC (EGS), a market research firm providing evidence based insight and research offerings for the US onshore market. The acquisition is part of Westwood’s development strategy to support Oilfield Service companies, Exploration & Production companies, and market analysts with actionable intelligence on emerging trends and activity in…read more

DW Monday: The Great Global Gas Surplus

Posted on April 3, 2017

The production of LNG in recent years has increased dramatically. According to Westwood Global Energy data, LNG liquefaction capacity increased from 121 million tons per annum (mmtpa) in 2000 to nearly 270 mmtpa in 2010, and will reach just over 400 mmtpa by the end of 2017. A wave of ‘mega-projects’, each costing tens of…read more

In the News, 31st March 2017

Posted on March 31, 2017

The OFS and Deepwater market forecasts where featured in the news this week, while Keith Myers was quoted in Upstream:   Keith Myers was quoted in Upstream this week, discussing Hurricane Energy’s recent discovery West of Shetlands: “Keith Myers from Westwood Global Energy Group, said: “Hurricane Energy are proving lots of oil in place in…read more

In the News, 24th March 2017

Posted on March 27, 2017

It has been a busy week, with a large number of market forecasts being referenced on the news: The recent rebrand to Westwood Global Energy continued to be referenced in the news: “ESIA said it had re-launched as Westwood Global Energy Group in a bid to take a bigger chunk of the energy research market….read more

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