HOUSTON (Dec. 12, 2014)—“The demise of the shale revolution is greatly exaggerated,” cites FMI in an analysis of the U.S. oil market given the recent drops in crude oil pricing. In its Q4 Oil and Gas Advisor, FMI notes per rig, per day earnings in the Bakken oil basin, among others, are nearly double that of 2012.
Recently released, the report takes a closer look at the affect drilling efficiency is having on U.S. shale production. It also includes a look at M&A activity of energy-focused contractors and engineers. In the wake of several U.S. / Canadian transactions this year, FMI expects cross-border M&A to continue in 2015 and beyond. Two feature articles on construction risk management and margin growth round out the report.
To download a copy of the Q4 Oil and Gas Advisor, click here. For a free subscription to future reports, sign up here. To schedule an interview or for reprint permissions, please contact Jenna Luvin at 303.398.7202 or Jluvin@fminet.com.
