Drilling advances ///

After a two-year drought, financially-parched drilling contractors and service companies can be excused for expecting a measure of payback, as more shale operators lay out plans to dust off their wallets this year. While the higher spend announced of late is unlikely to completely heal ravaged balance sheets, it at least would help recoup some of the rock-bottom discounts that have been extended, to keep some rigs drilling and mud flowing.

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