A Tale of Two Segments: In Dallas Fed Survey, E&P Firms Report Brighter Fourth Quarter than Oilfield Services Companies

SUGAR LAND--January 2, 2020--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The business environment for Oil & Gas Producers in Texas and parts of New Mexico and Louisiana brightened somewhat in the fourth quarter, though conditions continued to deteriorate for oilfield services firms, according to Dallas Federal Reserve Bank's quarterly survey of the Oil & Gas industry in those three states.