Over the course of the pandemic, the U.S. oil field services industry experienced an existential threat as E&P companies dramatically cut spending in response to the COVID-19 shutdown and reduction in demand for oil and natural gas. Every dollar of revenue an OFS company makes comes from an E&P company…
Brian Williams has deep experience developing relationships and executing transactions with leading companies, executives, private equity firms and lenders in the oil field services industry. He has led restructurings and investment banking transactions for companies involved in fracking, land drilling, offshore drilling, well servicing, coiled tubing, wireline, directional drilling, downhole tools, manufacturing, rentals, offshore construction and services, engineering, and numerous other segments of the industry.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.