« All Workweek Webinars

A Crude Awakening: Why U.S. Operators Are Cutting Budgets Quickly

Workweek Webinar Series

February 09, 2015



Start Time

2:00 PM CST


90 minutes



Each Workweek Webinar™ comes with access to all materials and reports presented, to the extent to which they are presented in the webinar. Access to paid apps, data, or research is not included. In the case where a webinar is recorded, the recording will be made available to participants one week after the webinar date. Not all webinars are recorded.

What Topics Will Be Covered?

The drastic decline in oil prices has resulted in swift action by U.S. operators, especially in the key shale plays. With budgets already announced, several operators have made revisions to capital expenditures, operating expenditures, rigs, and new well starts. In this Workweek Webinar™, we expect to cover the following:

  • Operators returning to core competencies, directing budgets to core assets
  • Reduced operator drilling & completion costs due to more buyer power
  • Pressure pumpers reducing costs on equipment, sand, & fracturing fluids
  • Double-digit percentage declines in well costs amid efficiency overhaul
  • Varied cost structures across basins, including with similar-sized operators
  • Operator budget revisions of 25-70% (ConocoPhilips, EOG, Marathon, & more)
  • Impact of rapid budget cuts on supply chain & expectations for the future
Who Should Attend?
  • U.S. operators and other companies that operate in the top U.S. shale plays
  • Oilfield service company employees who operate in the top U.S. shale plays
  • Investment advisers who track and follow development in the top U.S. shale plays
  • Rising oil & gas professionals who work with E&P companies in the top U.S. shale plays
  • Businesses which routinely deal with oil & gas companies and are affected by new developments
  • Professionals who are trying to get a better understanding of the quickly changing market
  • News and media professionals who report on oil & gas or energy developments in the U.S.
About Workweek Webinars

Led by top analysts, Workweek Webinars™ are Q&A sessions structured around pain points of participants. Questions may be submitted up to 24 hours in advance on the topic specified. Delivered in a presentation format, Workweek Webinars™ address participants’ top questions in a well-paced, in-depth analysis. We strive to answer all questions asked before/during the webinar, however it is up to the presenter’s discretion which questions will be addressed (due to time limitations, availability of data, etc.). Some questions may be addressed in an email after the webinar.

Device Requirements

The webinar is broadcast via the Internet with audio delivered through your device’s speakers. The webinar’s visual presentation is displayed from the presenter’s device to your device’s screen. To access the webinar, you will need a computer, phone, or tablet, and an Internet connection. To ensure you have everything you need:


If you have questions about Workweek Webinars™, or have technical difficulties, please contact us. Due to space limitations and nature of Workweek Webinars™, we do not offer refunds. All sales are final.

Share in Your Network: Share on FacebookTweet about this on Twitter