Forecasting growth of the Australian unconventional oil and gas services market
Ryan Carbrey3262 Westheimer Road Suite 324, Houston, TX, 77098, USA. Email: ryan.carbrey@rystadenergy.com
The APPEA Journal 59(2) 531-533 https://doi.org/10.1071/AJ18158
Accepted: 4 April 2019 Published: 17 June 2019
Abstract
This paper examines the unconventional oil and gas oilfield services market in Australia. First, the paper gives an activity forecast through to 2025 on how many wells are expected to be completed. The paper looks at how the geology, supply chain, infrastructure, finance and other constraints compare to the Vaca Muerta in Argentina and the Permian in the United States. Finally, the paper looks at the completive landscape and supply demand balance of the frac services market within Australia.
Keywords: Australia, frac, hydraulic fracturing, oilfield services, proppant, shale, water.
Ryan Carbrey is a Senior Vice President, Shale Research, with Rystad Energy and oversees the firm’s Shale Intel Research and Consulting Practice. Ryan brings over 12 years of data analysis and strategy consulting experience. He works closely with clients across the upstream oil and gas value chain, including super majors, independents, oilfield service providers, equipment manufacturers and financials, both in North America and internationally. Mr. Carbrey provides consulting expertise primarily on projects relating to oilfield services and upstream oil and gas. Prior to joining Rystad, Mr. Carbrey led Onshore Research and Consulting at PacWest Consulting Partners/IHS Markit. He also worked with notable energy players: Cameron International and Cheniere Energy. In addition to his corporate experience, Mr. Carbrey was previously an entrepreneur, having built and sold his own data analytics company. |
References
Abramov, A. (2019). Shale Trends Report. Rystad Energy, Oslo.Carbrey, R. (2019). Shale Intel. Rystad Energy, Houston.
Rystad Energy (2019). WellCube. Rystad Energy, Oslo.