Wireline Services Market Growth Slowing

The wireline services market is expected to grow from an estimated $8.26 billion in 2016 to $9.15 billion by 2021, at a CAGR of 2.1%. The global market is set to witness growth, due to the aging reservoirs, increasing oil production, and lifting of Iranian oil export sanctions. Also, oil export sanctions on Iran were lifted in January 2016, allowing the country to export oil. This has led to an increase in Exploration & Production investments in the country, leading to a rise in oil production.

Upsurge in Oil and Gas Driving Hydraulic Workover Unit Market

The hydraulic workover unit market is expected to grow from $9.8 billion in 2019 to $12.0 billion by 2024, at a CAGR of 3.97% during the forecast period. The hydraulic workover unit market in North America is estimated to be the largest, followed by Asia Pacific. The major factors driving the hydraulic workover unit market include upsurge in oil and gas production after decline in oil prices and growing shale gas production. Major heavy oil reserves are present in countries such as Canada, Venezuela, Mexico, China, and Colombia.

Significant Growth Expected in Robotic Drilling Market

The robotic drilling market is expected to grow from an estimated $658 million in 2018 to $923.3 million by 2023, at a CAGR of 7.01% from 2018 to 2023. This market growth is driven by the increased drilling activities due to the development of unconventional hydrocarbon resources and the adoption of automation and robotics in oil and gas drilling, which results in higher efficiency drilling and improved safety in rigs.

Gran Colombia Gold Bonds, Short Term, High Yield, Unique Fixed Income Investment, Yielding 14% YTM

Once in a great while you find or learn something that is so unbelievably good, that you have to hear or read it over and over again, often from different sources or perspectives, before the truth of it actually starts to sink in and really make sense.  Perhaps it’s that initial bewilderment that has served to curb much of any demand from the fixed income markets for this otherwise “golden” opportunity. Fortunately, this is great news for those that eventually arrive at a deeper understanding of why these Gran Colombia Gold bonds are so darn good… and it is why these bonds are well deserving of overweighting in our high performing FX2 fixed income portfolios.

New Technology Driving Digital Oilfield Market

The global Digital Oilfield Market is projected to grow from an estimated $24.1 billion in 2019 to $30.4 billion by 2024, at a CAGR of 4.77% from 2019 to 2024. The Digital Oilfield market is set to witness growth due to the increasing focus on optimization through digitization mostly in mature fields. New technological advancements, increased need from oil and gas operator to scale up production, and increased focus on the remote management of oil field for process optimization & automation are expected to be the key factors driving the digital oilfield market.

Drilling and Completion Fluids Market Flowing

The global Drilling and Completion Fluids Market is projected to reach $12.76 billion by 2023 from an estimated $9.62 billion in 2018, at a CAGR of 5.82% during the forecast period. The growth of the drilling & completion fluids market is mainly driven by the increase in drilling activities and rise in drilling and exploration of shale gas. The demand for drilling and completion fluids increases with the rise in drilling and exploration activities.

Gran Colombia Gold Bonds or “Gold Notes”, Short Term, High Yield, Fixed Income Investment, Yielding 8% YTM

Beyond Belief… this may be the most fascinating debt instrument we have ever reviewed.

Rising with the price of gold, the cash flow and yield of Gran Colombia Gold’s senior secured “Gold Notes” appears to be headed straight into the land of unbelief.  Perhaps what we see here is either wrong… or something in this picture seems to have quietly escaped the attention or the view of most other investors in the high yield bond market.  Granted, this is not a straightforward and easily understood issue because of the quarterly interest boost linked to its amortized quarterly redemption of principle when the price of gold is higher 1250 per ounce.  However, it is precisely this “hard to be understood” feature that is driving its current push into the land of dreams.

A Golden Opportunity with Monthly Paying “Gold Notes” from Gran Colombia Gold, Over 8% YTM, Mature April 2024

This week, Durig Capital reviews the largest underground gold and silver producer in Colombia.  Gran Colombia Gold has staged an amazing transformation from just a short three years ago, when Durig Capital began to carefully follow this issuer.  After completing a well-timed and skillfully crafted restructure of its balance sheet early in 2018, the company has consistently continued to smash its production targets, and has once again impressed us with its most recent results for the fourth quarter and full-year 2018.

Mud Pumps Market Reaps Big Revenues

The global mud pumps market is estimated to continue growth at a healthy clip owing to its wide-scale application in offshore and onshore drilling rigs. The global sales of mud pumps are estimated to surpass a valuation of $1 billion by 2026, as per the latest research report by Future Market Insights (FMI). Role of mud pumps in ensuring seamless circulation of fluids at constant pressure levels is one of the key aspects supporting growth of mud pumps market.