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DRILLING

US frac wars heat up

DRILLING industry kingpins Schlumberger and Weatherford have agreed to collaborate more closely on unconventional drilling technologies in North America under the auspices of the OneStim Joint Venture to take on Halliburton in the fraccing market.

Haydn Black
US frac wars heat up

The JV comes at a time when US rig utilisation is sky-rocketing.   Baker Hughes reported that last week a further 20 rigs were pressed into the field, bringing the total 809, extending recent weeks...

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