Services costs 'to fall' in 2015

Upstream oil and gas companies in North America expect well drilling and completion costs to fall by more than 10% in 2015, according to a survey as operators continue to cut back on spending in response to low oil prices.

Lower costs: pressure pumping and other services expected to fall this year
Lower costs: pressure pumping and other services expected to fall this year
Published 8 January 2015, 22:32Updated 17 October 2016, 13:16