August Oilfield Services Newsletter: Market Fundamentals Outlook
By: Duane Donner
In this August edition of the Oilfield Services Newsletter, we share commentary on the improving M&A sentiment in the oil and gas market as well as the recent projections that Founders and Spears & Associates produced on a recent project. This project involved a detailed projection of new wells by region and well type. As seen below, new wells are expected to trough this year and begin increasing again over the projected period.
We further discuss the current oil and gas market forecasts and provide an extensive data set in our August Oilfield Services Newsletter:
About Founders Investment Banking
Founders Investment Banking (Founders) is a merger, acquisition & strategic advisory firm serving middle-market companies. Founders’ focus is on oil and gas, SaaS/software, industrials, internet, digital media and healthcare companies located nationwide, as well as companies based in the Southeast across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. In order to provide securities-related services discussed herein, certain principals of Founders are licensed with M&A Securities Group, Inc. or Founders M&A Advisory, LLC, both members FINRA & SiPC. M&A Securities Group and Founders are unaffiliated entities. Founders M&A Advisory is a wholly owned subsidiary of Founders. For more information, visit www.foundersib.com.