Oil Field Service Company Commentary - Is There a Supply Chain Issue?

Inflation continues to be a concern, and in some cases, it's becoming a major deterrent. Land rigs are being priced at either side of $40,000 per day - the highest level since I started listening to oil field service calls on a regular basis about 15 years ago. Other factors that could impede too much growth of production next year: labor shortages, supply chain issues,. Super spec rigs and the best-fracked equipment, they're all essentially sold out.