HOUSTON, July 10 (Xinhua) -- The Houston oil field service company Halliburton has hired about 100 new workers each month this year, local media reported on Monday.
Local newspaper Houston Chronicle reported that the Houston based company has expanded its active fleet of fracking trucks and pumps by 30 percent in recent months, and its workforce in the region has grown by more than a third to 2,700 employees.
U.S. oil producers locked in higher prices for their crude when oil prices climbed above 50 U.S. dollars a barrel earlier this year, and the number of rigs in the western Texas' Permian Basin surged which has allowed oil field service companies to raise their prices for fracking jobs.
However, the U.S. oil prices have fallen into the mid 40 U.S. dollars a barrel range again, and it's not yet clear whether oil companies in the Permian Basin will retreat again.
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