A Simple But Powerful Tool

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EnergyPoint conducts its independent surveys annually. This schedule allows rated upstream, midstream and downstream energy companies to track their performance over time. The goal is encourage continual improvement and a “race-to-the-top” mentality.

Pricing and contract terms, service and professionalism, engineering and design, operations, and others attributes are measured in our surveys. Results are detailed in published reports. These include 1-to-10 point ratings, top-to-bottom rankings, evaluation counts, ratings means and medians. Continue reading “A Simple But Powerful Tool”

Travelers on a Road to Nowhere

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This post was updated on June 24, 2019. 

Imagine a contest between two horses. History suggests one of the animals, having lost most of its races to the competitor, is the slower of the two. You are given even odds. Would you bet on the reliably slower horse?
 
The answer, of course, is no. Only a glutton for punishment would take even odds on a horse that’s expected to lose.

Continue reading “Travelers on a Road to Nowhere”

For Oilfield Suppliers, It’s Adapt or Die

Image of oilfield worker standing next to a pump jack against an ominous sky.

This post was updated on June 26, 2019. 

Oil prices have rebounded from their 2014 collapse. Yet for upstream suppliers, it’s hard to tell.

It’s going to take more than crude in the $60s to rebalance the oilfield. The problem remains structural. In short, there are too many players chasing too little demand. Continue reading “For Oilfield Suppliers, It’s Adapt or Die”

A Guide to EnergyPoint’s Customer Satisfaction Ratings, Grades and Trends

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EnergyPoint Research’s customer satisfaction ratings are unbiased and aggregated opinions of the marketplace. They are differentiated tools for evaluating the quality and performance of energy industry suppliers.

Our ratings are not intended to be a prognosis or recommendation (that’s not our role).  Rather, they are intended to measure the perceived performance and quality of suppliers. This includes tracking trends over time.

Continue reading “A Guide to EnergyPoint’s Customer Satisfaction Ratings, Grades and Trends”

Integrated Oilfield Suppliers Plot Divergent Paths

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As the oil and gas sector stirs with a hopeful sense of purpose, several of its largest and most influential suppliers are pursuing distinctly different strategies. It’s not just about which products and services will propel the industry forward. To some extent, the balance of power between providers and customers is at stake.

On one end of the strategic spectrum sit Schlumberger and GE Oil & Gas. With the help of recent acquisitions, both companies hope to meld oilfield equipment and services into a new seamless network, one capable of generating and interpreting streams of data for use in improving performance across all phases of a well. If successful, the impact could be far-reaching. Continue reading “Integrated Oilfield Suppliers Plot Divergent Paths”

Top 10 Highest Rated Industry Suppliers

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EnergyPoint publishes its independent customer satisfaction ratings and rankings of oilfield suppliers on an annual basis. These announcements reflect the best and most current information available for tracking the performance of oil and gas industry suppliers.

While each year offers its own surprises as companies move up and down ranks, there is a small group of companies that have consistently remained at the top over the years. These are the industry’s superstars.  For them, customer Continue reading “Top 10 Highest Rated Industry Suppliers”