Schlumberger sees potential increase in service costs as drilling picks up

A Schlumberger executive told an audience of industry leaders that service contracts are certain to go up soon

Service cost increases: are expected by Schlumberger as a result of a spike in drilling activity
Service cost increases: are expected by Schlumberger as a result of a spike in drilling activityPhoto: REUTERS
Published 7 April 2021, 20:11Updated 7 April 2021, 20:11