Wednesday, June 24 at 12 PM Central
Online via Zoom
1 Hour CPE Available

This is a free webinar for COPAS Members and will last approximately one hour.  Login instructions will be emailed to attendees prior to the meeting.  For questions, please contact the COPAS office at [email protected].

Presented By: Richard Sparks

Despite record high levels of global and U.S. oil and gas production, spending on many oilfield services continues to decline. This presentation examines the economic, technological, and market forces driving these trends, including hydraulic fracturing efficiencies, e-frac adoption, changing service company investment decisions, and growing competition for power generation resources. Attendees will gain insight into how these developments may affect future service availability, costs, and strategic planning within the upstream industry.

By the end of this presentation you will be able to:

• Gain an understanding of the market forces driving increased production while reducing oilfield service spending and investment.
• Recognize how advancements in completion technologies and operational efficiencies are changing the economics of hydraulic fracturing and well productivity.
• Evaluate emerging risks and opportunities associated with e-frac adoption, power generation demand, and future oilfield service capacity constraints.

Delivery: Group Internet Based
Program Level: Basic
Prerequisites: None
Advance Prep: None
Field of Study: Specialized Knowledge
CPE: 1 Hour

Council of Petroleum Accountants Societies (COPAS), Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.