An uptick in North American oil and natural gas activity, brought about because of the tight global commodity markets, has “bolstered demand” for Liberty Oilfield Services Inc.’s completions services and set it up for a strong 2022, CEO Chris Wright said Wednesday.


With heightened demand to drill, more customers today also are looking for “modern, environmentally friendly” well completion solutions, Wright said during the third quarter conference call. The Denver-based company was an early mover into deploying equipment with a lower carbon footprint, including electric fracturing fleets.

“The shift toward next-generation equipment, leading-edge engineering solutions and the digitalization of the oilfield is defining the next phase of the cycle,” the CEO said....