UBS: E&P firms' near-term drilling plans to remain flat

Oil and natural gas operating companies' spending and drilling activities are expected to remain flat for the next few months, according to the monthly PatchWork Survey released last month by UBS Securities LLC analysts (see Industry Trends, p. 7).November's survey results "continue[d] to oscillate and have yet to provide a consistent trend in either direction," said UBS analyst James H. Stone. "Taken with other indicators, such as permitting and bidding activity, we expect drilling and spending to remain constant over the next 2 months," he said.Expectations for service pricing in November's survey reached the same levels as a month earlier, Stone said, "and well below the hi...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected