In 2016 we undertook a survey to see how the drop in the oil price had affected the working lives of consultants within the E&P sector. That report showed that consultant day rates in 2016 were 27% less than 2013.
18 months on in April 2018 with the oil price creeping towards $80, we thought we would repeat the survey to see if there have been any marked changes.
Nearly 500 consultants completed the survey and our report is shown below.
Working consultant labour day rates have increased by 5% since 2016
28% of consultants are actively looking for work – down from 37% in 2016.
