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Well Construction & Production Services


ProcurementIQ’s Well Construction & Production Services Procurement Research Report is a comprehensive guide to purchasing Well Construction & Production Services. This report offers strategic analysis of the factors influencing purchasing decisions, including price trends and three-year forecasts, input costs and demand factors, along with key suppliers and an analysis of the extended supply chain. Armed with the right procurement intelligence, your company will be able to make educated purchasing decisions.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Well Construction & Production Services - Recent Price Trend

In the three years to 2017, service rates for well construction and production services have been plummeting at an estimated average annual rate of 10.7%. Although falling service rates provide relief to buyers, the significant level of year-on-year price volatility has challenged buyers’ ability to budget accurately for well construction and production.The overall growth in the production rates.

Well Construction & Production Services - Total Cost of Ownership

This market’s services, which include drilling, logging, completion and production services, cover the majority of costs associated with operating a well. As such, total cost of ownership is low. Contracts in this market specify additional fees beyond day, footage or turnkey rates that buyers are responsible for; such fees include the costs of capital goods installed in wells and services.

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About this Report

This report is intended to assist buyers of well construction and production services. Operators in this market provide the equipment, intellectual property and services required by oil and gas companies to drill and complete wells, and subsequently extract hydrocarbons from them. Suppliers’ services include drilling, well logging, cementing, perforating, stimulating, well monitoring, production optimization and installation of artificial lift systems. This report does not include permitting and compliance, exploration and plugging services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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