Infill Thinking Lifting the O&G knowledge curve
Pressure pumping is heating up fast. After reactivating two frac spreads since mid-December, Patterson-UTI revealed yesterday that it will reactivate a third in 2Q17.
After it closes on the Seventy-Seven acquisition, we estimate Patterson-UTI will be the fifth largest pressure pumper in the US. That means they get calls from everyone looking to sell anything from fluid ends to frac sand. And today, they are receiving some very interesting calls on the frac sand front.
With fears growing that the industry could run out of deliverable frac sand supply in 2018, new entrants see an opportunity…
There’s a lot more to this story…
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