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Top related persons:
John Lindsay - 1 Lindsay - 1 Payne - 1 Patterson - 1 Andy Hendricks - 1 Hendricks - 1 Arathy Somasekhar - 1 Jonathan Oatis - 1
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U.S Houston
Top related orgs:
UTI Energy - 1 Thomson - 1

Search resuls for: "John Lindsay"


2 mentions found


☆ US oilfield service providers expect rig count recovery later this year on high prices
  + stars: | 2023-07-27 | by ( Arathy Somasekhar | Thomson Reuters | Houston-Based Energy Reporter Focused On Oil Markets | ) www.reuters.com   time to read: +2 min
HOUSTON, July 27 (Reuters) - Oilfield service providers on Thursday signaled a recovery in rig count, an indicator of future production, later this year, citing an uptick in oil and gas prices. However, with U.S. crude prices climbing back to $80 per barrel, service companies are betting on a recovery in demand. Lindsay said he expects rig count activity to hit a bottom in the quarter ending September, and a recovery in the following quarter. Rival Patterson-UTI Energy (PTEN.O) also forecast a rise in rig count and fracking activity later this and next. "We believe the industry rig count is near a bottom," said Andy Hendricks, CEO of Patterson-UTI Energy, adding that the company expects additional rig releases in the next few weeks before drilling activity recovers later in the year.
Persons: John Lindsay, Lindsay, Payne, Patterson, Andy Hendricks, Hendricks, Arathy Somasekhar, Jonathan Oatis, Matthew Lewis Organizations: UTI Energy, Thomson Locations: U.S, Houston
☆ US must stem 'iron river' of guns flowing to Latin America, activists say
  + stars: | 2023-04-18 | by ( Sarah Morland | ) www.reuters.com   time to read: +2 min
April 18 (Reuters) - U.S. guns, many of them exported legally, are flowing into Latin America in an "iron river" ending in the hands of drug cartels and abusive security forces, activists said Monday, calling for greater oversight from U.S. law and federal agencies. More than half of "crime guns" recovered and traced in Central America are sourced from the United States, according to U.S. gun control agency ATF. Burke called for rules preventing manufacturers from selling to dealers with lax distribution practices. Manufacturers should also stop selling armor-piercing weapons and guns that can easily be modified to shoot hundreds of bullets at a time, she said. U.S government figures show last year that income from legal firearm shipments to Latin America increased 8%, with most sales going to Brazil, Mexico, Guatemala and Colombia.
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