The Latest

Earnings

Seadrill Says Rig Market Recovery Slowing, Debt Talks Continue

Offshore drilling firm Seadrill said on Feb. 27 the recent recovery of rig markets had slowed at the start of 2020, and that discussions with creditors on how to handle its massive debts would continue.

February 27, 2020

People

BCCK Holding Names Kevin Blount As CEO

BCCK Inc. said that its founder, Clark Butts and its board of directors have unanimously chosen Kevin Blount as the organization’s next CEO on Feb. 26.

February 27, 2020

Emissions

E&P Industry Pulse: Emergence Of Carbon Capture Technologies

Global and domestic initiatives facilitate emissions capture for storage and reuse in energy development.

February 26, 2020

Logistics

Schlumberger Opens Manufacturing Center In King Salman Energy Park

The center will manufacture various technologies including liner hangers and packers and valve technologies, such as GROVE valves and ORBIT rising stem ball valves, to help improve the efficiency of oil and gas operations in the Kingdom and neighboring countries.

February 26, 2020

Business

Centennial Resource Development Sells Off Permian Water Assets For $225 Million

Upon closing of the acquisition, WaterBridge will handle all of Centennial Resource Development's produced water in the southern Delaware Basin.

February 25, 2020

Logistics

Halliburton Wins Digital Transformation Contract In Indonesia

Pertamina, the largest Indonesian oil and gas company, deployed all of their petro-technical applications on iEnergy cloud, a hybrid cloud offering from Landmark, a Halliburton business line, which manages operators’ E&P applications.

February 25, 2020

Exploration & Production

E&P Technology: Flow Assurance In The Digital Laboratory

Using high-throughput experimentation develops effective pour point depressant technologies.

February 25, 2020

Earnings

ProPetro’s Board Audit Finds ‘Multiple Material’ Weaknesses

U.S. oilfield services provider ProPetro released preliminary fourth-quarter results on Feb. 24, estimating revenue of between $431 million and $437 million, up slightly from last year.

February 25, 2020
Sponsored Content

IndustryVoice: High-density Tortuosity Logs Improve Artificial Lift Equipment Placement

Software uses high-density data from wellbore logs to provide insight into well geometry and tortuosity, enabling optimized artificial lift equipment placement.

February 25, 2020
Sponsored Content

IndustryVoice: Silo Technology And Flexibility Move Mountains Of Sand

The NexStage silo system is a versatile proppant storage solution with high volume options to meet the demands of the largest hydraulic fracturing jobs.

February 24, 2020