OFS Contractors Should Cheer Noble Energy’s Acquisition Of Clayton Williams

Permian oilfield service and drilling contractors are having one great start to the year.

Contractors got another dose of good news yesterday as Noble Energy expanded in the Permian Basin with the acquisition of Clayton Williams.

In this update, we discuss why the deal is good for oilfield service contractors and what it means for them.

Amid all this good news, contractors in the Permian are starting to worry about high class problems like labor sourcing and other bottlenecks in the supply chain.

There’s a lot more to this story…

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