SLB And Vista Extended Its Strategic Partnership By Signing A Contract To Import A New Frac Set Into Country; Targets A Production Rate Of 85,000 BOE/D For Q4 Of 2024; Expects To Incorporate Second Frac Set Into Its Operation In Second Half Of Year, Providing Flexibility To Accelerate Its Plan Further; Vision Is To Achieve A Daily Production Of 150,000 BOE By 2030
Portfolio Pulse from Benzinga Newsdesk
SLB and Vista Energy have extended their strategic partnership by signing a contract to import a new frac set into the country. They aim for a production rate of 85,000 BOE/D for Q4 2024 and plan to incorporate a second frac set in the second half of the year, targeting a daily production of 150,000 BOE by 2030.
June 11, 2024 | 3:12 pm
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SLB has extended its strategic partnership with Vista Energy by signing a contract to import a new frac set, aiming for significant production increases.
The partnership and new frac set import are likely to boost SLB's revenue and market position in the oil and gas sector, positively impacting its stock price.
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