Oil Price Rally Tests Drilling Discipline in US Shale Industry
The world’s most powerful oilman is betting big against America’s shale industry.
Exxon Mobil Submits Proposal for Colombia Fracking Pilot Project
Exxon Mobil Corp. has submitted a proposal to carry out a pilot project for hydraulic fracturing—or fracking—in Colombia, the oil company and the Andean country's national hydrocarbons agency (ANH) said on March 17 .
Expro Forms Subsea Well Intervention Alliance with FTAI Ocean
International oilfield service company Expro Group has formed an exclusive alliance with global vessel provider FTAI Ocean LLC on March 17 for the supply of the DP3 M/V Pride well intervention vessel to provide full light well intervention services to the subsea oil and gas sector.
NOW Inc. Acquires GR Energy Services Flex Flow Business in All-Cash Deal
NOW Inc. has entered into an agreement on March 1 to acquire from GR Energy Services substantially all of the assets used in connection with its Flex Flow business.
Peloton Enters into Agreement to Acquire Cevian Technologies
Peloton has entered into an agreement on Feb. 23 to acquire Cevian Technologies, a cloud-based software company that specializes in real-time data acquisition, visualization, and reporting tools for the completions industry.
Sypris Wins Awards for Two High-Pressure Energy Projects
Sypris Technologies Inc., a subsidiary of Sypris Solutions Inc., has received orders on Feb. 8 for its Tube Turns D-bolt and Tool-less specialty closures for use in high-pressure oil and gas applications, including the Anchor Field development project in the Gulf of Mexico and the planned upgrade of a natural gas pipeline system in North America.
Hunting, Well Data Labs Partner to Advance Well Data Analytics for Completions
Hunting Plc, the international energy services group, has agreed to provide Well Data Labs (WDL) with $2.5 million in convertible capital financing on Feb. 4 to support WDL significant growth ambitions in the onshore technical well data analytics market.
Executive Oil Conference Water Spotlight: Moving H2O with B3 Insight
As completions declined in 2020, so went demand for frac water. But wells that were still online didn’t stop producing it. Here’s the latest on H2O availability, recycling and disposal as operators begin to ramp back up.
Executive Oil Conference: A Frac-Side Roundtable with Baker Hughes, Liberty Oilfield Services
These experts share their tricks of the trade for the most cost-effective completions. How can operators spend their precious capital most wisely?
Executive Oil Conference: Turning Down Non-Pumping Time with Hibernia Resources, Cold Bore Technology
With more than a dozen new completions in 2020 in Upton and Reagan counties, Hibernia Resources has more than halved non-pumping time with giga-fracs, making for some $300,000 in savings. Here’s how.