Report: Oilfield comeback? What this means in terms of your equipment

(Livingston, LA) - Whether some agree or not, Yahoo Finance reported two weeks ago that the oilfield industry is looking hopeful. Oilfield services companies such SchlumbergerHalliburtonBaker Hughes, and National Oilwell Varco are now reporting that prices for their services and equipment have bottomed out, and many are now recruiting new workers. All signs point that that U.S. crude production is ticking back up after a very depressing period. Indeed, for the first time since the pandemic hit, U.S. shale output is expected to rise by 38,000 barrels per day in August despite generally flat spending by oil and gas producers. What does this mean for businesses? Equipment is needed.



Closing July 15th, surplus of offshore equipment! Hydraulic equipment, wires, accumulators, winches, generators, skids and more will be up for grabs. Details here: https://bit.ly/3e1GdNx
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Brittany Tully - Henderson Auctions

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