Coretrax ReLineWL Expandable Technology Restores Well for GoM Operator
Coretrax, the global well integrity and production optimization leader, said Oct. 8 it is delivering significant operational efficiencies for operators with its latest expandable technology.
Weatherford Launches ForeSite Sense Reservoir Monitoring Solution
Weatherford International Plc has launched ForeSite Sense, the world’s most comprehensive reservoir monitoring solution that shows, in real-time, the critical downhole data that determines profit: pressure, temperature and flow, the company said on Oct. 5.
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.
Serva Group Acquires Permian Manufacturer ValTek Industries
Serva Group has acquired ValTek Industries, a Permian-based manufacturer of hydraulic fracturing pumps and pump parts, including high pressure pumps, fluid ends, power ends, and expendable parts such as valves and seats for the oil and gas industry on Aug. 20.
National Energy Services Bags UAE Contracts Worth $100 Million
National Energy Services Reunited Corp. reported multiple contract awards in the United Arab Emirates valued at up to $100 million for coiled tubing, nitrogen and stimulation services for a period of three years with two optional one-year extensions.
CARBO Ceramics Emerges from Bankruptcy under New Ownership, CEO
Wilks Brothers, CARBO Ceramics’ pre- and post-bankruptcy lender, agreed to take over the Houston-based frac sand supplier in exchange for its secured debt.
OSIsoft, Tendeka Partner to Streamline Data Flow for Reservoir Monitoring
Tendeka, an independent global completions service company, said July 15 it has joined the OSIsoft EcoSphere, a collection of more than 300 industrial leaders that provide products, applications, and services for the PI system.
Energy Tech Ventures: The Digital Frontier
Capital investment in digital technologies is helping evolve the energy industry.
mCloud, nybl Partner to Jointly Optimize First 2,000 Oil Wells in Kuwait, North America
Included in this agreement is cooperation with nybl to deliver a joint solution that will connect and optimize an initial 2,000 oil wells in North America and Kuwait. Cooperation on this solution is now underway.
Key Energy Services Appoints Nelson Haight as CFO
Key Energy Services Inc. has appointed Nelson Haight as senior vice president, CFO and treasurer, effective June 15, 2020.