Pinedale Jonah

Service Contracts , Unconventional , Acquisitions & Divestitures

Oilfield Automation: How E&Ps Stay Profitable At Stagnant Oil Prices

Whether ‘lower for longer,’ ‘lower forever’ or the ‘new normal,’ oil prices in the $50 range require E&Ps to rethink how to do business.

April 26, 2017

Company Profiles , Public Capital , Unconventional , Acquisitions & Divestitures

For US E&Ps, Is Recovery A Slow And Steady Circle?

Some E&Ps are ramping up production, spending more, ignoring balance sheet repair and continuing to get rock bottom prices from oilfield service companies. Can the recovery handle it?

April 24, 2017

Service Contracts , Unconventional , Technology

Less Exploration Spend, Falling Reserves Could Mean Supply Shortfall

The head of the world’s largest oilfield service company says the world could face a medium-term supply deficit given today’s reserves depletion rate and falling exploration spending.

April 24, 2017

Company Profiles , People , Unconventional

Denver's Jonah Energy Names Patrick Welch As CFO

Welch most recently served as executive vice president and CFO of JP Energy Partners from November 2013 through its recent merger with American Midstream Partners.

April 24, 2017

Service Contracts , Unconventional , Policy & Regulations , Midstream

Trump To Sign New Executive Orders On Environment, Energy

Trump this week will sign new executive orders, including two on energy and the environment, which would make it easier for the U.S. to develop energy on and offshore, a White House official said April 23.

April 24, 2017

Company Profiles , Service Contracts , Unconventional , Technology

Halliburton Reports Smaller Quarterly Loss

Net loss attributable to Halliburton narrowed to $32 million, or 4 cents per share, in the first quarter ended March 31, from $2.41 billion, or $2.81 per share, a year earlier.

April 24, 2017

Service Contracts , Unconventional , Technology

North America, Technology Lift Schlumberger To Profit

North America revenue grew by 6% to $1.9 billion, while international revenue dropped by 7% to about $4.9 billion compared with the previous quarter.

April 21, 2017

Service Contracts , Unconventional , Crude Oil , Natural Gas , Natural Gas liquids (NGL) , Midstream

Crude Oil, Gas Outlook: The New Bullish

For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.

April 21, 2017

Company Profiles , Service Contracts , Unconventional , Technology

Schlumberger Sees Pricing Improve But Costs Weigh On Margins

The world’s No.1 oilfield services provider said revenue rose 5.7% to $6.89 billion in the quarter ended March 31, but its cost of revenue increased 11.3% to $6.08 billion.

April 21, 2017

Company Profiles , Service Contracts , Unconventional

Houston-Based Oilfield Service Company Launches IPO

NCS Multistage's IPO is priced between $15 and $18 per share and includes a 1.425-million-share greenshoe. Proceeds will be used to repay debt and for general corporate purposes.

April 19, 2017