Article

US fracking companies are exporting idle equipment to international markets, particularly Argentina and Australia, as domestic growth slows. Key players like Halliburton, Calfrac Well Services, and Liberty Energy are sending pumps and related equipment, representing nearly 20% of the fracking power in the Permian Basin.

The move could help recover profits, but may also lead to increased costs for US oil and gas producers due to reduced domestic equipment availability. Analysts suggest that while Argentina presents opportunities, the future of shale work in other countries remains uncertain.