
Answering Permian’s Cry for Horsepower: Keane Adding 3 Permian-Bound Frac Fleets
Investing $770 per HHP for three fleets with beefed up HP Frac companies continue to respond to the current shale resurgence, and Keane Group (ticker: FRAC) announced it has ordered three new fleets. Pressure pumping operations were hit particularly hard by the oil price crash in 2014, and were forced to lay off personnel and idle fleets. While this move
