Hicor Technologies Becomes Reach Production Solutions
Hicor Technologies has changed its name to Reach Production Solutions, the company said on Sept. 9.
Patterson-UTI Says No Plans To Invest In E-Frac, Points To Oversupplied Market
Oilfield services provider Patterson-UTI on Sept. 3 said it had no plans to invest in electric hydraulic fracturing fleets, pointing to the high cost of building equipment and the oversupplied pressure pumping market.
SPE ATCE Technology Showcase: Conference To Highlight Latest Industry Trends, Newest Technologies
ATCE brings thousands of E&P professionals together, features more than 300 technical presentations and offers 80-plus conference sessions.
Analyst: Pressure Pumping Asset Sale Implies Extraordinary Upside
Analysts with Tudor, Pickering, Holt & Co. noted the sale of Quintana’s legacy conventional pressure pumping operations was a small deal but that it also highlighted a “prodigious valuation upside.”
Certarus Enters Permian Flare Gas Capture Agreement With Supermajor
Certarus Ltd. has entered into a flare gas capture and compressed natural gas supply agreement on Aug. 19 with a multinational American energy supermajor to service its electric hydraulic fracturing operations in the Delaware and Midland basins.
Reducing Opex With Dual Fuel Hydraulic Fracturing Operations
Dual fuel operations deliver millions in saved diesel fuel costs.
Liberty Oilfield Services Holds Off Deploying Newest Frac Fleet
Pressure pumper Liberty Oilfield Services Inc. will wait to deploy its newest hydraulic fracturing fleet until market conditions improve, CEO Chris Wright said at a conference in Denver on Aug. 12.
The Consolidation Conundrum
Will consolidation help stimulation firms overcome chronic oversupply?
Intelligent Fracturing Enhances Completion Performance
Pumping service helps reduce variability for the stimulation treatment.
Thru-tubing Retrievable ESP, An Operator’s Driven Initiative
System makes it more economical to produce remote and offshore fields and lowers breakeven costs.