- An entire phalanx of upstream service companies help build, operate and maintain the critical infrastructure necessary to extract oil in its natural form from deep below the ground and send it on its merry way to be turned into fuel for consumption.
- With all companies slashing upstream capex and activities planned for at least the next two years on depressingly low oil prices, the pool of work has shrunk.
- The problems of the US shale industry are well documented already, and that is also true for their service companies.
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