Ensign Energy Svcs (ESVIF) 5.4880 $ESVIF
Ensign Energy Services Inc. Reports 2015 Third Quarter Results
CNW Group - Mon Nov 09, 4:00AM CST
OVERVIEW
ESI.TO: 7.21 (+0.20)
Oilfield Equipment Rental Market in the Middle East 2015-2019 - New Discoveries of Oil and Gas in Middle East a Market Driver
M2 - Wed Aug 19, 4:59AM CDT
Research and Markets (http://www.researchandmarkets.com/research/skhjtd/oilfield) has announced the addition of the "Oilfield Equipment Rental Market in the Middle East 2015-2019" report to their offering. The oilfield equipment rental market in the Middle East to grow at a CAGR of 12.43% in terms of revenue over the period 2014-2019. The report, Oilfield Equipment Rental Market in Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the oilfield equipment rental market in the Middle East and its growth prospects in the coming years. The report also includes segmentation based on equipment type and application. The report also includes a discussion about the key vendors operating in this market. Integrated oil and gas companies in the Middle East have reduced their investment in equipment manufacturing as the equipment can be easily rented from the market. Moreover, by renting equipment, the overall capital cost for the operator will reduce, and liability for performance is transferred to the equipment provider. This encourages various oilfield operators to use rental equipment for oilfield operations, which will increase the market for rental equipment in the Middle East significantly during the forecast period. According to the report, the growing number of oil and gas discoveries in the Middle East is expected to propel the oilfield equipment rental market. For instance, in 2014, Saudi Aramco discovered eight new oil and gas fields in Saudi Arabia. The company also plans to start production from the Arabiyah and Hasbah offshore gas fields, which would produce 2.5 bcf/d of natural gas. Similarly, in April 2015, the Kuwait Oil Company discovered four new oil fields in Kuwait. These discoveries are considered encouraging and should be followed by development and production. Also, in March 2015, BP made another significant gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. Therefore, a growing number of hydrocarbon discoveries will enhance the E&P activities during the forecast period, which will boost the demand for rented oilfield equipment. Further, the report states that vendors find it difficult to meet the customized demand, which is one of the serious threats in the oilfield equipment rental market. Key Vendors - FMC Technologies - Schlumberger - Superior Energy Services - Tasman Oil Tools - Weatherford International Other Prominent Vendors - Aos Orwell - Basic Energy Services - Chesapeake Oilfield Services - Ensign Energy Services - Greene's Energy Group - Key Energy Services - Oil States International - Precision Drilling For more information visit http://www.researchandmarkets.com/research/skhjtd/oilfield
OIS: 30.92 (+0.74), WFT: 5.68 (-0.04), KEG: 0.16 (-0.01), FTI: 25.38 (-0.01), SPN: 15.97 (+0.06), SLB: 80.52 (+1.47)
Managed Pressure Drilling Services (Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling, Return Flow Control Drilling) Market 2014-2019
M2 - Wed Jan 21, 2:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/6t7llz/managed_pressure) has announced the addition of the "Managed Pressure Drilling Services Market by Technology, by Application and by Geography - Global Trends and Forecasts to 2019" report to their offering. The MPD services market will grow from an estimated $11.4 Billion in 2014 to $16.9 Billion by 2019 with a CAGR of 8.2% from 2014 to 2019, owing to the increase in the use of MPD technology in drilling HPHT wells, globally. North America holds major market share followed by South & Central America. In terms of country-level scenario, the market is dominated by U.S. on account of increasing number of deep water offshore wells due to which demand for MPD services is increasing. Due to rising energy demand and redevelopment of mature oilfield wells, the demand for MPD is high even in Asia-Pacific and Europe. China and Russia are big markets for the MPD service providers. Increased offshore activities in the Gulf of Mexico and E&P activities in South & Central American countries such as Brazil, Venezuela and Mexico is increasing the demand for MPD services in the region. By application, offshore MPD is estimated to dominate the market in terms of growth rate. The Americas currently lead the offshore MPD market in terms of market value. Because, of the high cost of the technology it is mainly used in offshore applications only. The use of MPD for onshore wells is very rare and is used with horizontal drilling for extracting oil & gas from matured wells. With respect to market by technology, CBHP and DGD are leading in terms of market share because of the various applications of the technologies in drilling. MPD service is a growing market, due to the increasing investments by E&P companies and the expectations of oil price hike in the long run. This can be seen from the strategies adopted by the key players operating in this industry. Companies are looking forwarding to investing in different countries and expanding their businesses. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Research Methodology 4 Premium Insights 5 Market Overview 6 Industry Trends 7 MPD Services Market, By Application 8 Managed Pressure Drilling Services, By Technology 9 MPD Services, By Region 10 Company Profiles 11 Competitive Landscape 12 Appendix Companies Mentioned - Aker Solutions - Baker Hughes Inc. - Blade Energy Partners - Enhanced Drilling (EDS Group) - Ensign Energy Services Inc. - Halliburton - M-I Swaco (A Schlumberger Company) - National Oilwell Varco - Strata Energy Services Inc. - Weatherford International Limited For more information visit http://www.researchandmarkets.com/research/6t...d_pressure
WFT: 5.68 (-0.04), BHI: 47.83 (+1.78)
Ensign Energy Services Inc. Reports 2015 Third Quarter Results
CNW Group - Mon Nov 09, 4:00AM CST
OVERVIEW
ESI.TO: 7.21 (+0.20)
Oilfield Equipment Rental Market in the Middle East 2015-2019 - New Discoveries of Oil and Gas in Middle East a Market Driver
M2 - Wed Aug 19, 4:59AM CDT
Research and Markets (http://www.researchandmarkets.com/research/skhjtd/oilfield) has announced the addition of the "Oilfield Equipment Rental Market in the Middle East 2015-2019" report to their offering. The oilfield equipment rental market in the Middle East to grow at a CAGR of 12.43% in terms of revenue over the period 2014-2019. The report, Oilfield Equipment Rental Market in Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the oilfield equipment rental market in the Middle East and its growth prospects in the coming years. The report also includes segmentation based on equipment type and application. The report also includes a discussion about the key vendors operating in this market. Integrated oil and gas companies in the Middle East have reduced their investment in equipment manufacturing as the equipment can be easily rented from the market. Moreover, by renting equipment, the overall capital cost for the operator will reduce, and liability for performance is transferred to the equipment provider. This encourages various oilfield operators to use rental equipment for oilfield operations, which will increase the market for rental equipment in the Middle East significantly during the forecast period. According to the report, the growing number of oil and gas discoveries in the Middle East is expected to propel the oilfield equipment rental market. For instance, in 2014, Saudi Aramco discovered eight new oil and gas fields in Saudi Arabia. The company also plans to start production from the Arabiyah and Hasbah offshore gas fields, which would produce 2.5 bcf/d of natural gas. Similarly, in April 2015, the Kuwait Oil Company discovered four new oil fields in Kuwait. These discoveries are considered encouraging and should be followed by development and production. Also, in March 2015, BP made another significant gas discovery in the North Damietta Offshore Concession in the East Nile Delta, Egypt. Therefore, a growing number of hydrocarbon discoveries will enhance the E&P activities during the forecast period, which will boost the demand for rented oilfield equipment. Further, the report states that vendors find it difficult to meet the customized demand, which is one of the serious threats in the oilfield equipment rental market. Key Vendors - FMC Technologies - Schlumberger - Superior Energy Services - Tasman Oil Tools - Weatherford International Other Prominent Vendors - Aos Orwell - Basic Energy Services - Chesapeake Oilfield Services - Ensign Energy Services - Greene's Energy Group - Key Energy Services - Oil States International - Precision Drilling For more information visit http://www.researchandmarkets.com/research/skhjtd/oilfield
OIS: 30.92 (+0.74), WFT: 5.68 (-0.04), KEG: 0.16 (-0.01), FTI: 25.38 (-0.01), SPN: 15.97 (+0.06), SLB: 80.52 (+1.47)
Managed Pressure Drilling Services (Constant Bottom Hole Pressure, Dual Gradient Drilling, Mud Cap Drilling, Return Flow Control Drilling) Market 2014-2019
M2 - Wed Jan 21, 2:56AM CST
Research and Markets (http://www.researchandmarkets.com/research/6t7llz/managed_pressure) has announced the addition of the "Managed Pressure Drilling Services Market by Technology, by Application and by Geography - Global Trends and Forecasts to 2019" report to their offering. The MPD services market will grow from an estimated $11.4 Billion in 2014 to $16.9 Billion by 2019 with a CAGR of 8.2% from 2014 to 2019, owing to the increase in the use of MPD technology in drilling HPHT wells, globally. North America holds major market share followed by South & Central America. In terms of country-level scenario, the market is dominated by U.S. on account of increasing number of deep water offshore wells due to which demand for MPD services is increasing. Due to rising energy demand and redevelopment of mature oilfield wells, the demand for MPD is high even in Asia-Pacific and Europe. China and Russia are big markets for the MPD service providers. Increased offshore activities in the Gulf of Mexico and E&P activities in South & Central American countries such as Brazil, Venezuela and Mexico is increasing the demand for MPD services in the region. By application, offshore MPD is estimated to dominate the market in terms of growth rate. The Americas currently lead the offshore MPD market in terms of market value. Because, of the high cost of the technology it is mainly used in offshore applications only. The use of MPD for onshore wells is very rare and is used with horizontal drilling for extracting oil & gas from matured wells. With respect to market by technology, CBHP and DGD are leading in terms of market share because of the various applications of the technologies in drilling. MPD service is a growing market, due to the increasing investments by E&P companies and the expectations of oil price hike in the long run. This can be seen from the strategies adopted by the key players operating in this industry. Companies are looking forwarding to investing in different countries and expanding their businesses. Key Topics Covered: 1 Introduction 2 Executive Summary 3 Research Methodology 4 Premium Insights 5 Market Overview 6 Industry Trends 7 MPD Services Market, By Application 8 Managed Pressure Drilling Services, By Technology 9 MPD Services, By Region 10 Company Profiles 11 Competitive Landscape 12 Appendix Companies Mentioned - Aker Solutions - Baker Hughes Inc. - Blade Energy Partners - Enhanced Drilling (EDS Group) - Ensign Energy Services Inc. - Halliburton - M-I Swaco (A Schlumberger Company) - National Oilwell Varco - Strata Energy Services Inc. - Weatherford International Limited For more information visit http://www.researchandmarkets.com/research/6t...d_pressure
WFT: 5.68 (-0.04), BHI: 47.83 (+1.78)
