Permian Rigs & Horsepower Down, Frac Stages Up… But The Permitting Tea Leaves Still Matter For Both Surface & Sub-Surface Trends

In 2019, doing more with less continues to be a key oilfield theme. Frac and rig crew efficiency gains, more zippers, bigger pads, and streamlined logistics all mean that E&Ps are getting more sub-surface contact out of the same or less contracted oilfield equipment on the surface.

The result? A distinct bifurcation pattern has…

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