The Latest

Artificial Lift Firm Flowco’s Stock Surges 23% in First-Day Trading

Shares for artificial lift specialist Flowco Holdings spiked 23% in their first day of trading. Flowco CEO Joe Bob Edwards told Hart Energy that the durability of artificial lift and production optimization stands out in the OFS space.

Artificial Lift Firm Flowco Prices IPO Above Guidance at $427MM

Flowco Holdings priced its IPO at $24 per share, above its original guidance. The oilfield services firm will begin trading on the New York Stock Exchange on Jan. 16.

Artificial Lift Firm Flowco Seeks ~$2B Valuation with IPO

U.S. artificial lift services provider Flowco Holdings is planning an IPO that could value the company at about $2 billion, according to regulatory filings.

Permanent Magnets Emerge as a Game-Changer for ESP Technology

In 2024, permanent magnet motors installations have ballooned to 11% of electric submersible pump installations, and that number is growing.

Oilfield Services Firm Flowco Files IPO Paperwork

Oilfield services provider Flowco filed paperwork for an IPO, one of several energy-focused players seeking to test the public markets.

What Chevron’s Anchor Breakthrough Means for the GoM’s Future

WoodMac weighs in on the Gulf of Mexico Anchor project’s 20k production outlook made possible by Chevron’s ‘breakthrough’ technology.

Baker Hughes Eases the Pain of Intervention from Artificial Lift

To lessen the “pain of intervention” during artificial lift, Baker Hughes’ Primera and InjectRT services take an innovative approach to address industry challenges.

Artificial Lift Meets Artificial Intelligence, with Hit and Miss Results

Oxy and Chevron are among companies trying to find the sweet spot between data analytics and machine learning with human intervention to optimize production and predict failures before they happen.

Goodbye Manual Control: Vital Energy’s Automation Program Boosts Production

Production, ESP efficiency soared when the company automated decisions with AI at the edge.

Exclusive: ChampionX Innovation Needed to Drill the Incremental Barrel

Soma Somasundaram, president and CEO of ChampionX, emphasized the need to innovate when drilling for the incremental barrel, as well as the oilfield services sector’s role in the path to net zero.