Nine Energy Service Promotes David Crombie To Serve As COO
David Crombie, who previously served as president of completion solutions and executive vice president, brings over two decades of experience to his latest role as COO at Nine Energy Service.
Schlumberger Warns Weak Fracking Demand To Hurt North America Revenue
The drop in fracking activity this year had been "significantly larger" than expected, Patrick Schorn, executive vice president of wells at Schlumberger, said at a conference in New York.
Some Canadian Producers Push Back As Alberta Orders Oil Cuts
Several oil companies in Canada pushed back on Dec. 3 against Alberta's mandated cuts in crude production, warning about excessive government intervention even as the discount on Canadian crudes narrowed sharply on the curtailment plan.
China Imports First US Crude In Two Months, Traders Still Wary
China imported its first U.S. crude oil cargo in around two months last week, according to industry sources and Refinitiv Eikon data - a deal made by an independent "teapot" refiner as larger players held off amid trade tensions.
Vision 2019: Oil And Gas Headwinds, Tailwinds
Pundits weigh in on whether the stars will align for a successful 2019 and how the oil and gas industry can navigate the headwinds and tailwinds ahead.
Russian Oil Production Down From Post-Soviet High In November
Russian oil output stood at 11.37 million barrels per day (MMbbl/d) in November, down from the post-Soviet record high of 11.41 million bpd that it reached in October, Energy Ministry data showed on Dec.2.
Drilling Becomes Standardized While Completions Get Customized
Rigs are consolidated at the high end while sand shifts back to quality.
Water, Water Everywhere—But Where It’s Wanted
Midstream firms dive in to provide a resource that is make or break for producers.
Forty Under 40: Benjamin Johnson, Netherland Sewell
Benjamin Johnson, an NSAI reservoir engineer who has been promoted to vice president and acknowledged as a technical adviser, is today’s Forty Under 40 honoree.
Shell Taps McDermott For Subsea Work At GoM’s Great White Frio
The contract, valued at between US$1 million and $50 million, will be reflected in McDermott's fourth-quarter 2018 backlog.