oilfield services companies probably believe as I do that there is no way that windmills & PVs will be able to supplant the NG fueled electrical needs of the country - much less chemicals. EVs, fracking bans & other aspects of the Green New Deal will drive up NG costs and service companies will b happy.
I know that SLB is also putting more focus on stuff like geothermal and Li brine recovery.
and since mining will boom in this ‘Green’ future, I’m sure the oilfield service companies will shift/restart those parts of their services.
I’ll find it humorous when folks find out that geothermal wells are also fracked. But given the hypocrisy and illiteracy of the world, I’m sure convenient exceptions will be made.
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