Initial market volatility in the upstream energy sector, catalyzed by geopolitical disruption, has been amplified and accelerated by the widespread impacts of COVID-19 and associated economic shutdowns. Operational rig counts have subsequently fallen to 216 and below the previous crash (2015-2016) count.
Bluefield’s team of water experts tracks the ongoing oil & gas exploration and related water management demands across the U.S., with a specific focus on 14 basins driving unconventional activity.
This Quarterly Insight highlights:
- Key market trends & drivers
- Water management spend & outlook
- Energy market environment