Satellite imagery and photos of stacked frac fleets across major oil- and gas-producing shale plays in the U.S. show the pain oilfield service providers are experiencing.

Sand mines are at risk as more than a dozen such facilities in the Permian Basin alone have a status of intermittent or nonproducing.

This, according to analysts at Westwood Global Energy Group, comes as U.S. oil and gas companies cut spending in response to low commodity prices, driven down by a supply-demand imbalance due in part to the OPEC+ fallout and a global pandemic that slowed travel.

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