Oil and gas companies are nowhere close to drilling as much as they did in 2014, but some oil-field service companies are squeezing profits as if they were.
Schlumberger said on Friday that its revenue rose 20% compared to a year ago and raised its full-year guidance. halliburton Which has huge risks to North America, saw its top line increase by 37% over the same period, thanks to major developments in the region (55%).