Simmons Edeco, a leading supplier of onshore drilling and workover services to the global oil and gas industry, successfully completed its first drilling contract for Mexico oil and gas operator Newpek, a division of Grupo Alfa, a major player in the food, IT, and automotive sectors in Mexico on June 2.
Here’s a snapshot of recent energy deals including the closing of Apergy’s multibillion-dollar merger with Ecolab’s upstream business to form ChampionX.
Here’s a snapshot of recent energy deals including the closing of the sale of ConocoPhillips’ Northern Australia business for nearly $1.4 billion.
The March market meltdown may have unnerved some oil and gas investors, but plenty of midstream projects either opened or moved forward.
We have to bet on pent-up demand. The recovery appears to be ‘V-shaped’ in most markets. We hope to see that in the energy world as well.
Cold Bore Technology said its new Frac Action graphing software allows frac operators, for the first time, to overlay high resolution, real-time stage frac data onto that of multiple previous stages.
Here’s a snapshot of recent energy deals including the closing of EQT’s $125 million asset sale in Appalachia to Diversified Gas & Oil.
As of May 20, the total U.S. rig count is down 28 from last week with the Permian Basin leading the declines with a drop of 17 rigs.
The U.S. rig count, an early indicator of future output, fell by 21 to a record low 318 in the week to May 22, according to data from energy services firm Baker Hughes Co.