An Important Message For Oilprice Members
← Go back to All Blogs
  • entries
    3,351
  • comments
    168
  • views
    1,022,549

Oil’s hired hands see outlook brighten as war fractures markets

Halliburton, which controls more fracing capacity than any other company, predicted North American explorers will boost spending by 35% this year, up from a pre-war forecast of 25%.

View the full article

Sign in to follow this  
Followers 0

1 Comment

Recommended Comments

RG

What’s interesting is the amount of DUCT’s has been decreasing at a pretty good clip since COVID caused the big collapse in drilling. How long will it take for drilling crews to catch up. If big money goes into fracking you can assume drilling will speed up also. There seems to be pressure on supply lines for all this field equipment. Good for oil, good for gas and good for the economy. 

Share this comment

Link to comment
Guest
You are posting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×