Lower For Longer: This award-winning, longtime industry observer shares his thoughts on the shape of the recovery and the implications of current indicators for operators and service companies focused on the Gulf of Mexico. Companies talk about the "step change" needed in oil company relationships with service companies, and capital will flow to the highest return areas, which deepwater is not yet. The timing of all these changes is the issue.
- James K. Wicklund, managing director and senior oilfield services analyst at Credit Suisse.
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