INDUSTRIAL EQUIPMENT
Oil Field Services
World’s Most Productive Companies
Oil Field Services
Oil Field Service Companies provide drilling, completion, and production technology and services to upstream operators. Productivity tracks upstream capital spending, equipment utilization, and technology-led efficiency.
2025 was a softer year, with the group about 21% above its 2019 baseline. No company in the group reached the 2026 World’s Most Productive Companies list this year. None of the companies improved on the year, a broad-based decline.
Productivity Snapshot
- Oil Field Services ranks first of twenty-one Industrial Equipment peer groups in 2025, at an Industrial Productivity Index of 1.21, about 21% above its 2019 baseline.
- 0 of 5 companies grew productivity in 2025.
- No company in the group earned a place on the 2026 World’s Most Productive Companies list this year.
- The group leads Industrial Equipment and sits well above its 2019 baseline, though it eased in 2025 as upstream activity moderated.
Interested in learning more about how you stack up, where to improve, and the impact on margin, cash, inventory, and assets?