Liberty Energy: U.S. Fracking Activity Is Set To Increase Next Year ...Middle East

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Liberty Energy: U.S. Fracking Activity Is Set To Increase Next Year
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Fracking activity in the U.S. shale patch is set for growth early next year, according to Liberty Energy, one of the biggest oilfield service providers said at the presentation of its third-quarter financial results. The growth, however, would be modest, the company also said. “Frac activity has largely stabilized at current levels, representing a baseload of frac fleet demand needed to sustain E&P operators’ flattish production levels,” Liberty said. “Fourth quarter trends will likely see seasonal softness, winter weather,…

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