Spurred on by rising demand for energy from increasingly inaccessible or unconventional sources, the oil and gas industry is being transformed by technology and innovation. The same is true for the oilfield services industry that supports exploration and extraction through the supply of infrastructure, equipment and personnel: new realities are driving new activities.
Oilfield service companies are using technology and innovation more than ever to maximize recovery, development and production efficiency through aggressive drilling, stimulation and enhanced-recovery programs. From technology and talent to products and processes, and from organizational capabilities to operating models, oilfield service providers are experiencing rapid change. They require strategic counsel to help them succeed in turbulent times.
For decades, the Blakes Oil & Gas group has acted extensively for the full gamut of businesses engaged in oilfield services. Our clients call upon us to negotiate and draft master service agreements, drilling contracts, purchase and sale agreements, compensation arrangements, and software and intellectual property licensing agreements. We also provide strategic and tactical services in litigation, mergers and acquisitions, public and private offerings of securities, and all aspects of securities regulation.
As the oil and gas sector expands into new geographic, geologic and technical frontiers, opportunities for oilfield service companies abound in Canada and around the globe.