Offshore Network have created a 2018 Market Forecast. The whitepaper, titled 2018 Market Forecast: What does the oil price mean for well intervention? Highlights the likely path of the oil price throughout 2018 and the correlating well services which will be in demand. The paper includes a forecast of the Brent and WTI oil price throughout 2018, an overview of the uplift works operators can utilize to take advantage of increased oil price and an analysis of why P&A activity will still increase in 2018, even when a higher oil price makes more fields economic.
