Artificial lift seems to be all the rage in the oil and gas industry these days. Halliburton has been clear in its desire to expand in the $8.3 billion artificial lift business. "With the market highly consolidated, we expect HAL will continue to develop its artificial lift business with tuck-ins such as this and internal technology development," they said. "I could see them becoming increasingly involved in artificial lift and downhole, well-completions-oriented consumables product lines," he said. Which artificial lift provider could be next to go?

Source: Forbes July 07, 2017 15:22 UTC