- Tight Gas & Oil
- Gas Hydrates
For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.
However, sellers’ value expectations may lead to a widening of the bid-ask spread, PwC said.
The JV, called OneStim, will rival Halliburton’s frack fleet in the U.S. and Canada and further shrinks the pressure pumping marketplace to the detriment of smaller companies, an analyst said.
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