US oilfield service providers expect rig count recovery later this year on high prices

Oilfield service providers signaled a recovery in rig count, an indicator of future production, later this year, citing an uptick in oil and gas prices. U.S. shale producers slashed drilling and well completions in the second quarter, cutting demand for equipment and services. However, with U.S....

https://www.hellenicshippingnews.com/us-oilfield-service-providers-expect-rig-count-recovery-later-this-year-on-high-prices/