More competitive companies could expand faster and hire more people.
Last week, I wrote about the race to create a digital platform to help drillers deploy and track trucks and other equipment to service their wells in the most efficient possible way, with shorter trips and seamless billing — an Uber for the oilfield, if you will.
Efficiency, of course, means making things cost less. Cost comes in two varieties: Capital and labor. So which one is being cut?In the case of software programs for running oilfield operations, the answer is theoretically both. Service providers will need fewer trucks […]
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