Monday, June 15, 2020

Spears & Associates - Where Does Consolidation Leave Frac Services?

Basic Energy Services sold their trucks when they closed their frac business at the end of 2019. I see these trucks on frac jobs throughout the MidContinent today… I think at least one, perhaps two, new frac service companies were launched with the closure of BAS frac. And why not get in business if the cost of launching is almost zero?

https://spearsresearch.com/insider

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