Evidence mountsIndicators favor drillers, service firms: U.S rig count expected to jump 12% Petroleum News
Drillers and others in the oilfield services business are looking even more confident than a few weeks ago about their future, as are industry analysts who cover the sector.
“Given our constructive view of the macro energy outlook, we believe there is a growing likelihood of a sustainable increase....
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E&P companies need to be willing to spend Nabors, Smith both report growth
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