Well Services Report 2014

WELL SERVICESCONTRACTORSREPORT2014

Contents

1. 2. 3. 4.

Foreword

5 6 7 8 8

Summaryof KeyFindings

Introduction Financial Data

4.1. 4.2.

GrossRevenue

EarningsBefore Interest, Tax, Depreciation andAmortisation (EBITDA)

9

4.3.

Capital Investment and NewTechnologySpend

10 11 11

5.

SectorResources

5.1. 5.2.

UKEmployees

GraduateEngineers, Technicians andApprentices

12 13

6. 7.

Operational Issues

UKGovernment/Industry Initiatives andOrganisations

14 15 15

8.

TheWell ServicesContractors Forum’sMission

8.1. 8.2.

GainingRecognition for Technology Promoting theAlignment ofObjectives withOperators, Suppliers andother Contractor Companies EncouragingEfficient Contracting Processes

16

8.3.

17 18 18 19

9.

TheFutureOutlook

9.1. 9.2.

DegreeofOptimism

Major Challenges andSuggestedActions

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