Trican Well Service Ltd. CEO Dale Dusterhoft says his company is poised for improved utilization rates in the first half of 2014. Dusterhoft says utilization rates were down in 2013 in many regions where the Calgary-based pressure pumping company operates.
“In Canada, you’ll probably see a slight increase in the utilization, maybe 5%, which has remained high throughout 2013,” Dusterhoft says. “There’s a little room for upping it, but not a lot.”
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Likewise, in the U.S., Dusterhoft says Trican’s crews were booked for 2014 in several key regions.
“In particular, our Marcellus area is a region that we’ve got all of our crews booked throughout 2014. I think we’ve made progress in Bakken in North Dakota,” Dusterhoft says. “We’ve got all of our crews booked out in the Eagle Ford region and we’ve still got some work to do in the Permian and in Oklahoma.”
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