HOUSTON (December 12, 2014) – “The demise of the shale revolution is greatly exaggerated,” cites FMI in an analysis of the U.S. oil market given the recent drops in crude oil pricing. In its Q4 Oil and Gas Advisor, FMI notes per rig, per day earnings in the Bakken oil basin, among others, are nearly double that of 2012.
Recently released, the report takes a closer look at the affect drilling efficiency is having on U.S. shale production. It also includes a look at M&A activity of energy-focused contractors and engineers. In the wake of several U.S. / Canadian transactions this year, FMI expects cross-border M&A to continue in 2015 and beyond. Two feature articles on construction risk management and margin growth round out the report.
To download a copy of the Q4 Oil and Gas Advisor, click here. For a free subscription to future reports, sign up here. To schedule an interview or for reprint permissions, please contact Jenna Luvin at 303.398.7202 or Jluvin@fminet.com.
FMI is the leading provider of management consulting, investment banking* and people development services to the engineering and construction industry. FMI services all segments of the industry providing clients with value-added business solutions, including:
- Strategic Advisory
- Market Research and Business Development
- Leadership and Talent Development
- Project and Process Improvement
- Mergers, Acquisitions and Financial Consulting*
- Compensation Benchmarking and Consulting
- Risk Management Consulting
Founded by Dr. Emol A. Fails in 1953, FMI has professionals in offices across the U.S. FMI delivers innovative, customized solutions to contractors; construction materials producers, manufacturers and suppliers of building materials and equipment, owners and developers, engineers and architects, utilities, and construction industry trade associations. FMI is an advisor you can count on to build and maintain a successful business, from your leadership to your site managers. For more information, visit www.fminet.com
*Investment banking services provided by FMI Capital Advisors, Inc., a registered broker-dealer and wholly owned subsidiary of FMI.