Company Profiles

Company Profiles , Exploration & Production , Shale Plays

Shale Producer Pioneer Natural to Reinstate CEO Pay after Pandemic-Fueled Cut

Shale producer Pioneer Natural Resources Co. said on Nov. 20 it would reinstate full salaries of its CEO and other executives in 2021, after cutting them earlier this year as the COVID-19 pandemic crushed oil prices.

November 20, 2020

Company Profiles

Varel Energy Solutions Unveils Rebrand; Recommits to Innovation in Drilling, Downhole Solutions

Varel International Energy Services (Varel), a long-standing provider of drilling and downhole solutions, revealed its redefining vision on Nov. 16 for business growth supported by a fresh, new brand enabling a strong narrative around Varel’s people, approach and customer experience.

November 18, 2020

Company Profiles , Exploration & Production , Shale Plays

E&P Operator Spotlight: Goodrich Petroleum President and COO Details Company’s Plans

Confidence in gas prices and low service costs solidify Goodrich Petroleum’s 2021 operations in the Haynesville Shale.

November 17, 2020

Company Profiles , Exploration & Production

BP Files Notices of Possible Worker Layoffs in Chicago Area

BP Plc notified officials in Chicago and the state of Illinois of possible layoffs affecting more than 250 salaried employees at the company’s offices, BP said in a statement on Nov. 16.

November 17, 2020

Company Profiles , Logistics

OOC Oil & Gas Blockchain Consortium Rebrands as Blockchain for Energy

Formerly known as OOC Oil & Gas Blockchain Consortium, this association is known for offering best-of-industry solutions for cost reductions and process improvement

November 16, 2020

Company Profiles , Exploration & Production , Shale Plays , Transactions

U.S. Energy Development CEO Shares Insight on Shale Pursuits

The private independent is actively pursuing partnerships and funding development drilling in U.S. shale plays as market conditions improve.

November 1, 2020

Company Profiles , Shale Plays , Acquisitions & Divestitures

Mach Resources: Midcontinent Aggregator

Led by industry icon Tom Ward, Mach Resources this year bagged the vast portfolio of Alta Mesa Resources out of bankruptcy and for a song. His premise: Prepare to be the last owner of any asset acquired. And he’s far from done.

October 30, 2020

Company Profiles , Unconventional , Shale Plays , Technology

Can Liberty Oil’s Maverick Corporate Culture Survive the US Shale Bust?

Chris Wright is running the second-biggest fracking company in North America and preparing for a battle to keep the unconventional culture he has built at Liberty Oilfield Services Inc.

October 29, 2020

Company Profiles , Exploration & Production , Shale Plays , Trends

Castleton Resources Executive Q&A: Haynesville & Flush

Castleton Resources is now the U.S. E&P consolidation platform of investment-grade Tokyo Gas Co. Ltd.

October 27, 2020

Company Profiles , Exploration & Production , Drilling

PATH FORWARD: Parker Drilling’s New CEO Talks OFS Opportunities, Optimism

Sandy Esslemont, president and CEO of Parker Drilling, stopped by Hart Energy to discuss his new position with the international drilling service provider and outlook on the oil and gas industry as a whole.

October 20, 2020