With tailwinds expected to outnumber headwinds, the forecast for the U.S. oilfield service (OFS) sector appears positive but risks remain, according to analysis from an independent energy market and investor relations intelligence firm.

“[Based on] all the meetings we’ve had over the last three weeks, we would suggest that you’re going to see another 75 rigs or so in the Permian over the next three or four quarters, which is about 30% improvement,” Sean Mitchell, partner for Daniel Energy Partners told attendees of Hart Energy’s DUG Permian Basin and Eagle Ford conference in mid-July. “We would actually take the over on that.”

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