All I Want For Christmas Is A New Frac Spread

50% of the 70 industry respondents to our recent 2018 outlook survey predicted that the US frac spread count would return to the prior cyclical high (450) next year. In our analysis of the survey results, we noted that this development would require material frac horsepower newbuild orders to be placed.

The next frac newbuild order cycle may be starting now, even before the year is out.

There’s a lot more to this story…

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