More hydraulic fracturing capacity in North Dakota will help boost rig count because of fewer idle wells.

FORBES: Baker Hughes Ramps Up Oil Fracking On Low Natural Gas Prices

In March Saudi Arabia, keen to maintain a buffer of spare capacity, said that it planned to increase its rig count by 30% by some point next year.

ECONOMIST: The oil-services industry

Because domestic natural gas rig count is already severely depressed, we see limited potential for further capacity shifts over to oily basins (i.e. increased pricing competition for CJES).

FORBES: Miami University Students and This Quant Pitch C&J Energy Services