BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Tendenci - The Open Source AMS for Associations//Tendenci Codeba se MIMEDIR//EN BEGIN:VEVENT DESCRIPTION:--- This iCal file does *NOT* confirm registration.\r\nEvent d etails subject to change. ---\r\nhttps://www.spegcs.org/events/2966/\r\n\r \nEvent Title: HSSE-SR: Water Management in a Down Market\r\nStart Date / Time: Aug 26, 2015 11:30 AM US/Central\r\nLocation: Petroleum Club, 35th F loor, Total Plaza\r\nSpeaker: Piers Wells , John James Tintera, Francesco Ciulla , Kristie S. McLin, April Sharr, Jim Summers\r\nGoogle\r\nhttp://ma ps.google.com/maps?q=1201+Louisiana+Street,Houston,Texas,77002\r\n\r\nFore cast\nhttp://www.weather.com/weather/monthly/77002\r\n\r\nLow oil prices a re driving low utilization rates resulting in downward pricing pressure ac ross many key segments. Rig count is less than half the level of 2014 Q4 d espite some recovery in oil prices in 15 H1. According to PacWest, frac de mand, well spuds, horizontal wells and stages fractured, and frac pricing are projected to drop by an average of 35% in 2015. The US oilfield water management services market is expected to contract by 19% from $23.2B in 2 014 to $18.9B in 2015. Which segments of the water management value chain are being impacted the most and why? How are market conditions exacerbatin g requests for pricing concessions? Where has rig movement been concentrat ed? Can we expect to see consolidation in the market? How are operators ad apting to the new market conditions and what does the mean for service com panies? Has the cost of water treatment declined and, if so, which techno logies are the most predominant and what are the trade-offs? How does new legislation such as WOTUS Rule and the threat of more regulatory pressure impact the water management landscape? Find out the answers to these ques tions and more in our panel session, Water Management in a Down Market, mo derated by April Sharr and Jim Summers.--- This iCal file does *NOT* confi rm registration.Event details subject to change. ---\r\n\r\n--- By Tendenc i - The Open Source AMS for Associations ---\r\n UID:uid2966@spegcs.org SUMMARY:HSSE-SR: Water Management in a Down Market DTSTART:20150826T163000Z DTEND:20150826T183000Z CLASS:PUBLIC PRIORITY:5 DTSTAMP:20240328T123254Z TRANSP:OPAQUE SEQUENCE:0 LOCATION:Petroleum Club, 35th Floor, Total Plaza X-ALT-DESC;FMTTYPE=text/html:
Low oil prices are driving low utilization rates resulting in downward pricing pressure across many k ey segments. Rig count is less than half the level of 2014 Q4 despite some recovery in oil prices in 15 H1. According to PacWest, frac demand, well spuds, horizontal wells and stages fractured, and frac pricing are project ed to drop by an average of 35% in 2015. The US oilfield water management services market is expected to contract by 19% from $23.2B in 2014 to $18. 9B in 2015. Which segments of the water management value chain are being i mpacted the most and why? How are market conditions exacerbating requests for pricing concessions? Where has rig movement been concentrated? Can we expect to see consolidation in the market? How are operators adapting to t he new market conditions and what does the mean for service companies?&nbs p\; Has the cost of water treatment declined and, if so, which technologie s are the most predominant and what are the trade-offs? How does new legis lation such as WOTUS Rule and the threat of more regulatory pressure impac t the water management landscape? \; Find out the answers to these que stions and more in our panel session, Water Management in a Down Marke t, moderated by April Sharr and Jim Summers.