OneStim Is Just BlueStim Now – Weatherford/Schlumberger JV Breaks Up, Replaced With Outright Pressure Pumping Sale

The OneStim JV between Schlumberger and Weatherford contemplated in March of 2017 has broken apart. Instead, Weatherford sold off its idled pressure pumping business to Schlumberger.

What does this mean for the players and the market? We have some thoughts here…

There’s a lot more to this story…

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