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Gaffney, Cline & Associates (GCA)

Address 5555 San Felipe Street Suite 550, Houston, TX, 77056, US
Phone 713-850-9955
Email [email protected]
Website gaffney-cline.com

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Oil Price and the Evolution of a “Greater OPEC”

Continuing weak oil prices and supply – demand dynamics point to the oil market remaining comparatively weak throughout 2015. A view seemingly supported by the significant reductions declared in oil company capital budgets over recent weeks.

US Onshore Rig Market Confirming the Strain of Falling Oil Price

Gaffney, Cline & Associates (GCA), the global oil and gas advisory firm, has instituted a new weekly commentary and tracking service looking at US onshore and Gulf of Mexico (GoM) rig activity. Based on the Baker Hughes rig count it will highlight the reported week on week changes, and compare these to the evolving fall seen in 2009 during the financial crisis.