Aug. 17: see oilfield tech that will play a critical role in the financial health of the shale industry
If Q2 oil and gas company filings are representative of what’s going on in the industry, a lot of shale developers are proving that they can make money when oil is approaching $50 per barrel. Rig counts are up across the hot basins, but so are costs. Demand for drilling rigs, pressure pumping equipment, chemicals and the other tools and services necessary to drill and complete wells has jumped in 2017. And costs have risen with the returning...


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