Drilling & Production Outlook

Drilling and Production Outlook (DPO), a quarterly monitor and forecast of worldwide drilling activity, has been published as a subscription service by Spears & Associates since 1983. The DPO is used by leading oilfield equipment and service companies worldwide as an important planning tool for future sales, marketing and manufacturing efforts. Subscribers meet quarterly - March, June, September, December- in a half day session in Houston, Texas to receive the updated forecast and discuss the latest changes and drivers of the industry.

The DPO includes a review of drilling and production news in a country by country format. It also shows features of technology developments or new market trends, and sensitivities and key drivers to watch in the near term. Finally, it provides a 5 year forecast of the following:

 

- Macro-Economic Outlook Oil and gas demand and price

- U.S. Drilling and Production Active drilling rigs/wells/footage Drilling and completion spending Average per foot
  drilling costs Well service and work over rigs and spending EOR activity

- Canadian Drilling and Production Active drilling rigs/wells/footage Drilling and completion spending Average per
  foot drilling costs Well service and work over rigs and spending EOR activity

- International Drilling and Production* Active drilling rigs/wells/footage Drilling and completion spending Average
  per foot drilling costs

 

*International includes coverage of 50 countries plus short term forecasts of drilling in the CIS and China.

 

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Key Benefits

The DPO is used by leading oilfield equipment and service companies worldwide as their primary planning tool for future sales, marketing and manufacturing efforts. There are many reasons why the DPO is the industry's "Red Book" of oilfield activity. The DPO provides 2 key benefits:

- Indicator of future drilling and production trends, worldwide

- Support internal planning and budgeting

 

Conference Schedule & Registration

Subscribers are invited to meet quarterly – March, June, September, December – in a morning session in Houston, Texas. We review the updated forecast and discuss the latest changes and drivers of the industry. Those not able to attend the conference receive their reports by mail.

All subscribers may register online for the next DPO presentation or register. If you wish to become a subscriber or simply hear more about the DPO, please call. 

 

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Cost

The DPO is a subscription service. There is an annual fee for the reports and access to Spear's staff. There is also a registration fee for each company representative to attend a conference. Please complete and fax the order form or call for additional informational.