Like almost all oilfield product and service categories, the pressure pumping market (frac and cement) is rising slightly globally, but the trends in North America versus rest of the world couldn't be more different. The soft US land frac market is seeing flattening efficiency and lots of price competition. International, meanwhile, is benefiting from the Middle East's focus on developing unconventional resources. 

Richard Spears will talk about the outlook for frac services and cementing, while highlighting how Spears is helping the PEER Consortium as they evaluate perforation erosion in the field.