: As the world's largest oilfield services company, Schlumberger is the first to benefit when drillers start spending again. Following their merger with Cameron International, they are positioned to dominate the service market in 2017.
As oil stabilized above $50 per barrel in early 2017, independent exploration and production (E&P) companies focused on the Permian Basin are expected to lead the way in growth. oil drilling stocks to buy 2017
The energy sector is entering 2017 with a renewed sense of optimism. After a turbulent 2016, a combination of OPEC production cuts and increasing global demand has set the stage for what could be a major comeback year for oil and gas. : As the world's largest oilfield services company,