US well completions activity should help to drive oilfield services growth in 2021, with more activity seen in Latin America and Asia as well, Halliburton’s CEO said on an earnings call Jan. 19. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “Oil prices are back to pre-pandemic levels, driven by global vaccine distribution and unfolding demand recovery, OPEC+ discipline, and a declining production base. However, some caution is appropriate due to the surge in COVID-19 infections globally and the expected gradual return of spare production capacity,” CEO Jeffrey Miller said during a fourth-quarter earnings call. “While the pace of recovery depends on the trajectory of demand improvement, we believe the second half of this year could see a low double-digit increase in international activity year-on-year. Halliburton […]