Theme of 2017 is Cautious Optimism
The 2017 Service & Supply Outlook Report provides insight and recommendations for how oilfield services companies can adapt and succeed in a changed environment.
The 2016 report focused on collaboration as a way to combat pricing pressures, improve people management and run leaner. Although the idea of collaboration has started to take hold, companies are still struggling to adapt to the new energy environment.
Service and Supply Sector sees Increasing Opportunity in 2017
Most in the industry expect the rebound in commodity prices in 2016 will continue into 2017, creating more activity and better pricing. Conclusions were drawn from a survey of 370+ service and supply sector leaders, workshops and JWN intelligence databases.
What does the service and supply company of the future look like?
The 2017 report provides insight and ideas for how oilfield services companies can align with the new normal, including:
- Thinking long-term
- Embracing innovation and collaboration
- Adapting and evolving