Oilfield Services
PSAC Raises Its 2017 Drilling Activity Forecast; Service Rates Still A Concern For Companies
While the Petroleum Services Association of Canada (PSAC) anticipates 2,505 more wells drilled across the country this year than in its initial forecast, the oilfield service sector is still suffering from the impacts of a long industry downturn, says Mark Salkeld, notably with the rates producers will pay for services.
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