Service & Supply | Oilfield Services | Frac Markets - Pressure Pumping
BHI and Halliburton Merger Presents Rare Opportunity
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There is a proposed upcoming merger between Halliburton and Baker Hughes, two of the largest oilfield service companies in the US.
With their attention focused on internal efforts - logistics, personnel changes, cultural differences and reorganization - this could provide an excellent opportunity for pressure pumpers and other service companies to break into the market. Access to information about their customers is invaluable at a time like this.
In the Permian Basin, as an example, Baker Hughes and Halliburton together have most of the major operators as pumping clients.
Pressure Pumper Customer Relationship: Shale Experts 3Q14 Frac Market Report
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Apache and Concho are spending a combined $4.2 Billion in 2015 in the Permian, and drilling a combined 832 wells. (approximately $5MM per well)
Get a foot in the door knowing the details of the frac jobs undertaken by Apache and Concho. There are more than 400 operators in the Permian basin to become familiar with, and we provide this data in our frac report.
Apache and Concho frac data, showing proppant type, size and frac type.
Source: Shale Experts Frac Report