Oilfield Services Are Set For Years Of Profits
Oilfield service providers are preparing for a prolonged period of profits as drilling activity picks up in an attempt to boost oil production around the world
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Oilfield service providers are preparing for a prolonged period of profits as drilling activity picks up in an attempt to boost oil production around the world
Patterson-UTI Energy may hire another 3,000 workers this year after hiring back 3,000 in 2021, and even has recruiters set up at a shopping mall in Williston, North Dakota, to find potential workers.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
After driving up prices for everything from steel pipes to frac sand to labor, inflation has finally ensnared the centerpiece of oilfield equipment: the drilling rig.
By Liz Hampton, Stephanie Kelly and Nia Williams (Reuters) - When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to...