Multiwell drill pad activity will drive demand: Halliburton

Jul 23, 2013 | 01:10 PM | Thorsten Schier

Tags  Halliburton, wells, rig count, drilling, Dave Lesar, Jeff Miller, Thorsten Schier

NEW YORK — Increasing drill pad efficiencies should bode well for demand even as rig counts stagnate, according to oilfield services provider Halliburton Co.

"We are now expecting the rig count to remain relatively flat for the remainder of the year as we absorb a meaningful switch to multiwell pad activity among our customer base," chairman, president and chief executive officer Dave Lesar....

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