How to safely use idle master steam 2017

вЂњOne of the biggest challenges we face is finding people. вЂњThe frac world is working hard to bring capacity in line with demand, but at least in the short term, demand will exceed supply,вЂќ he assesses. By 2018, it had 20, says company President Ron Gusek. At the start of 2017, the company had 11 fleets. Liberty Oilfield Services, which is fresh off a successful initial public stock offering, illustrates the industryвЂ™s growth. Pump, engine and transmission manufacturers and creative startups are helping them improve reliability by taking proven designs and novel ideas to the next level. In the process, they are finding ways to make their assets safer, more efficient and more reliable. To meet the growing demand for their services, pressure pumpers are building new fleets and reactivating idle iron.

No matter how one looks at itвЂ“including expenditures, fleet utilization statistics, announced new-build capacity additions or proppant consumptionвЂ“the fracturing market has been the front-runner in the broader upturn in domestic field activity. demand for hydraulic fracturing services, equipment and consumables has grown by double digits over the past two years, and is estimated to reach $24.6 billion in 2018, according to Spears & Associates. A broad recovery in upstream investment continues to gain steam across the lower-48, and at the head of the convoy is a long line of pressure pumping trucks.Дriven by tight oil and shale gas plays, annual U.S.

How to safely use idle master steam 2017