Schlumberger Ltd., the No. 1 oilfield services (OFS) operator in the world, is forecasting a sharp pullback in U.S. and Canadian onshore activity this year, while domestic offshore and overseas activity are on an upward trajectory.
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Baker Hughes Sees Continuing Decline in North American Stimulation, Completions Services
North American onshore activity isn’t showing any signs of recovery, with demand continuing to decline for stimulation, drilling services and completions product lines, Baker Hughes Inc. reported Wednesday.
October 21, 2015