May 2016 UPDATE


Rystad Energy Annual Oil & Gas Summit 2016
September 20-21, 2016
Houston, United States

October 5-6, 2016
London, United Kingdom

Oil supply: The role of technology advance and other factors driving the current and future supply situation
Lars Eirik Nicolaisen, Partner
EIA Annual Energy Conference
July 7, 2016
Washington DC, United States

Is this the new normal? – Reviewing oil markets and consequences for offshore shipping
Lars Eirik Nicolaisen, Partner
Offshore Vessel Connect Mexico
June 27, 2016
Mexico City, Mexico

Will we see a three digit oil price again? And will offshore still be competitive versus shale?
Audun Martinsen, VP Analysis
Noia Conference 2016
June 21, 2016
St. John's, Canada

Strategic Planning for Challenging Markets
Kjetil Solbraekke, Senior Vice President, Americas
Palfinger Marine Seminar
June 7, 2016
Rio de Janeiro, Brazil 

Cost of global gas supply
Per Magnus Nysveen, Senior Partner & Head of Analysis
WGLCE Russia 2016
May 31, 2016
Moscow, Russia

More events

The Exploration Strategy Conference, organized jointly by Rystad Energy and GeoPublishing, brings together the exploration focused North Sea community to exchange expert insight, network with fellow peers and develop discussions and solutions on current industry issues. 

Date: November 1-2, 2016
Location: Stavanger, Norway 


For more information,
contact Julia Weiss


Webinar Recording

North American Shale - Recovery on the horizon?


Go to recording



New address for London office. We have moved our UK office to: 

288 Bishopsgate
London EC2M 4QP
United Kingdom

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"Subsea players face challenging times ahead"
The drop in oil prices has hit oilfield service companies hard, as E&P companies have reduced their activities significantly.Revenues for oilfield service companies fell by 30% from Q2 2014 to Q4 2015. This downward trend continues in 2016 as top oilfield service companies reported a drop of 16% in their revenues from O4 2015 to Q1 2016.

"DJ Basin beats "big three" plays on the commerciality of the fracklog"
The heart of the DJ Basin, Weld County, exhibits the most commercial fracklog with an average completion cost per barrel of 4.7 USD/bbl, a study by Rystad Energy has shown. Simultaneously, Weld County also tops the ranking list by inventory size with almost 600 oil wells awaiting completion crews. The large size of the inventory is primarily driven by intentional completion delays initiated by Anadarko Petroleum, which operates almost half of Weld County’s fracklog. 

"Saudi Arabia's resources are the most competitive"
Rystad Energy’s recent study on remaining unsanctioned liquids resources shows that Saudi Arabia has the lowest average breakeven and operating costs. This indicates that the country’s resources are very competitive. Cananda, however, have both high breakeven prices and operational costs due to oil sand projects.

"Technip and FMC merging to become the second largest oilfield service company"
Rystad Energy's latest analysis shows that the recently announced combination of Technip and FMC will create the second largest company in the oilfield service industry, after the merger between Halliburton and Baker Hughes failed. Technip and FMC published today that the two companies will merge after a successful alliance through Forsys. This is the second time an alliance has led to M&A after Schlumberger acquired Cameron. The merged company, TechnipFMC, will have an expected revenue of approximately USD 17 billion in 2016. 

"Permian Basin - crude, condensate output refuse to decline; average well configuration, productivity continue to grow" by Artem Abramov, Senior Analyst
(Published by Oil & Gas Financial Journal, May Edition)

Among the key tight oil plays in the US, those in the Permian Basin have gotten a particular market attention in recent months. Not only crude and condensate output from these plays refuse to decline. Also, average well configuration and productivity continue to grow due to a shift towards the most productive areas of the Basin, together with more economical well completion characteristics.

"Tough times ahead for Canadian oil sands" by Olga Kerimova, Senior Analyst, and Theodora Batoudaki, Analyst  
(Published by PESGB Newsletter, May Edition)
Production from Canadian oil sands is expected to grow over the next five years mainly thanks to major mining projects currently under construction and coming online in late 2016/2017. However, activity is expected to slow down considerably after the planned projects are completed and put on production. This article assesses the outlook for the Canadian oil sands, illustrated by three key drivers: production, breakeven prices and spending. 



Rystad Energy has the great pleasure of inviting you to our Annual Oil & Gas Summit 2016, which is happening in conjunction with our regular user meeting. This year our key event will take place in Houston and London. Join us to hear about our up-to-date market analyses and overview, industry perspectives and data analysis discussions.

Key Topics 

  • Oil Markets Overview
  • Industry E&P and Oilfield Service Macro Perspectives 
  • Focus presentations on North American & Global Shale, high impact exploration wells and the global rig market

The Annual Oil & Gas Summit is free to attend for client companies. To request more information or query about non-client pricing, please contact Rystad Energy