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.
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.
Confidence in gas prices and low service costs solidify Goodrich Petroleum’s 2021 operations in the Haynesville Shale.
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.
Formerly known as OOC Oil & Gas Blockchain Consortium, this association is known for offering best-of-industry solutions for cost reductions and process improvement
The private independent is actively pursuing partnerships and funding development drilling in U.S. shale plays as market conditions improve.
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.
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.
Castleton Resources is now the U.S. E&P consolidation platform of investment-grade Tokyo Gas Co. Ltd.
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.