Demand for hydraulic fracturing services in shale plays across the United States is expected to bottom out in May and remain low during the summer before a recovery begins in the fall, Norwegian global energy research firm Rystad Energy says.
Hydraulic fracturing crews have been deployed to a record-low 92 oil wells through May 14 and are expected to begin the process of bringing into production 300 to 330 wells, Rystad said…
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