Jill Thompson, Senior Staff Geologist & Nick Franciose, Reservoir Engineer, QEP Resources sat down with Jessica Morales at the MicroSeismic User Forum in January. The two discussed the “tank-style” completions that eliminate frac hit pitfalls. Thompson explains the company has developed and implemented a pressure wall which is a barrier between completing wells and producing wells. In this interview, she walks through why that is different than the way things used to be done at QEP Resources.
NTS Group has acquired Amega West Services, a market leader in the manufacture, repair and rental of legacy and specialized drilling equipment used in offshore and land-based oil and gas extraction applications, from Carpenter Technology Corp. on Oct. 12.
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.
Will consolidation help stimulation firms overcome chronic oversupply?