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Hart Energy
Former Basic Energy Services CFO David Schorlemer Joins ProPetro
David Schorlemer assumed all duties of CFO at ProPetro effective Oct. 23 as part of the planned departure of the Midland, Texas-based service provider’s former CFO, Darin Holderness.
E&P World View: Another Step Closer to Real-time Hydraulic Fracture Design
With the commercialization of a sealed wellbore pressure monitoring system, more oil and gas operators have access to improving the efficiency of their fracture clusters.
Weir Oil & Gas Launches SPM EdgeX Valve and Carbide Seat, Extending Seat Life
Weir Oil & Gas, a leading upstream provider of systematized pressure pumping and pressure control equipment and services, launched its new SPM EdgeX Valve and Carbide Seat on Oct. 6.
Basic Energy Services CFO David Schorlemer to Resign; Adam Hurley Named Successor
David Schorlemer will exit his role as CFO in order to pursue other interests, Basic Energy Services said on Sept. 30.
2020 Special Meritorious Awards for Engineering Innovation
An expert panel of judges has selected the top 25 industry projects that open new and better avenues to the complicated process of finding and producing hydrocarbons around the world.
Schlumberger Exits North America Fracking Business in OneStim Sale
The sale of the OneStim fracking business by Schlumberger to Liberty Oilfield Services is expected to create one of the largest pressure pumping companies in North America.
Analysts See Frac Crew, Activity Growth Ahead for US Shale Sector
Most of the growth over the next year or so is expected to come from the Permian Basin and Eagle Ford Shale along with notable growth this year from some gas plays, analysts say.
Eureka Resources Wins US Patent for Wastewater Cleansing, Recycling Solution
Eureka Resources LLC has been awarded a U.S. patent on Aug. 24 for its groundbreaking approach to cleansing and recycling wastewater from oil and gas operations.
Texas-based Pressure Pumper FTS International to File for Bankruptcy
Fort Worth, Texas-based pressure pumper FTS International plans to voluntarily file for bankruptcy in the coming weeks to implement a prepackaged Chapter 11 plan of reorganization it says will pave the way for future strategic growth.
ProPetro to Run More Hydraulic Fracturing Fleets in Coming Months
U.S. hydraulic fracturing firm ProPetro Holding Corp. plans to run between seven to eight fleets this quarter, up from an average of four fleets in the second quarter, executives told investors on an earnings call on Aug. 5.