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Tag: Slow Down

October 15, 2019

Layoffs – ProPetro cuts almost 150 workers

OilField

According to Reuters workers at ProPetro are on the chopping block and more could follow if crude oil prices don’t stabilize. Crude prices have been…

News
July 28, 2019

The Texas Oilfield Slowdown Is Approaching

OilField

Explorers and producers are constrained by the reduction in capacity for borrowings and an increase in the cost of capital. Also, explorers are facing constant…

News
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