Anadarko Basin’s Wastewater, Frac Sand Woes
Oil and gas experts examine current practices to better mitigate water-related issues in the Anadarko Basin. Meanwhile, direct-sourcing sand gains ground.
Oilfield Services Firm NexTier Raises Earnings, Revenue Outlook
NexTier Oilfield Solutions on Jan. 7 raised its fourth quarter earnings and revenue guidance, according to a presentation at a Miami energy conference.
Forty Under 40: Hunter Wallace, Atlas Sand
Today’s featured Forty Under 40 honoree is Hunter Wallace, Atlas Sand’s COO who has led in the design, construction and capitalization of two frack sand plants in the Permian Basin.
E&P Market Intelligence: Bah Humbug For Pressure Pumpers
Tough times forecast for oil service providers.
Forty Under 40: Kristin Smith, Vista Proppants And Logistics
Today’s featured Forty Under 40 honoree is Kristin Smith, Vista Proppants and Logistics CFO who has been responsible for the financial oversight of multimillion-dollars worth of capital growth and capital expansion projects.
Colombia Orders Suspension Of Drummond Fracking At 15 Wells
Colombia’s top administrative court ordered the suspension of operations at 15 fracking wells operated by coal miner Drummond on Dec. 13, because they are at a production stage prohibited by an earlier ruling.
Basic Energy Services To Exit Hydraulic Fracturing Business
Basic Energy Services revealed a plan on Dec. 12 to divest of its pumping services assets in multiple transactions with expected proceeds of approximately $30 million to $45 million.
Select Sands Enters Frac Sand Supply Contract In Eagle Ford
An affiliate of Select Sands recently entered into a three-year supply agreement with a large-cap exploration and production company in the Eagle Ford Basin.
Motive Offshore Acquires Pumptech Flexible Flowline Business
Motive has completed the acquisition of Stavanger-based Pumptech for a seven-figure sum, reflecting the ambitious growth strategy which follows significant investment earlier this year from private equity firm, EV Private Equity.
ProPetro Says No Customer Impact From SEC Disclosures, Probes
ProPetro said that while it anticipated a slight increase in next year's activity, it did not expect any uptick in profitability per frac fleet.