Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
25 May 2017
• Market research
• Specialist conferences
Outline
1. Minerals in drilling
4. Outlook
7400
000’s tonnes
World barite production Rig count
9000
6400
8000 5400
4400
7000
3400
6000
5000
1400
US rig count
4000 400
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Key drivers
Regional demand
• India expected to
overtake China after 2035
Shares of primary
7.1% energy
Oil + Gas
~ 52%
1.6%
0.7%
• Growing output
from Brazil
deepwater wells
• Conventional gas
increases led by
Middle East, Russia,
Australia
• Main demand
centres are China,
Middle East, and
USA
• Expansion of LNG
trade
©IMFORMED 2017 | imformed.com
Oilfield Market Outlook
2,500
US rig count by drill type 2011-2017
Showing rise in horizontal rig share in total rig count
1,984
2,000
Vertical
1,500
59.5%
1,000
789
Horizontal
500
83.4%
Directional
0
Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17
Frac Sand
80,000
Frenzy #1 1500
60,000
Frac Sand
Frenzy #2
1000
40,000
500
20,000
0 0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
2012 2017
RCS resin coated sand
CP ceramic proppants
These basins
accounted for 92% of
domestic oil production
growth and all domestic
natural gas production
growth during 2011-14
350
600 308
513
300 484 478
500
385
400
250
292 308
300
100 152
150
Permian Basin recovery
Mar-16
0
2011 2012 2013 2014 2015 2016 2017 Mar-17
100
50