ERAS recently completed a report on the oilfield services sector, company analysis and valuation drivers. The report highlighted the growing strength of the relationship between the oilfield services majors and the NOCs who control more than 70% of global oil and gas reserves. Analysis of drilling programmes and technology trends in major hydrocarbons basins underscores this mutual dependence and the prospect of higher energy prices in the medium term needed to incentivise complex drilling and optimisation programmes.


Report distribution is restricted.