Oilfield Technology: Power Play


Feb 7, 2020
By Sergio Chapa

While barriers to entry are high, electricity is positioning to be the future of fracturing.

The majority of hydraulic fracturing fleets across the Lower 48 are idle, combating pricing pressures, an over­all softening in demand as well as budget belt-tightening by clients. The outlook for 2020 is at best uncertain, but most agree there is little light to be seen at the end of this par­ticular tunnel.

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