Halliburton Co. posted a better-than-expected fourth-quarter profit on Jan. 19, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last year’s industry slump.
Against staggering odds—an unprecedented crash in oil prices and COVID-19—the technology space in the oil and gas sector exceeded the test of resiliency put forth by a turbulent 2020.
To create a more efficient cleanout operation—not eliminate cleanouts altogether—a dissolvable plug must be economical.
Ashtead Technology has appointed Ingrid Stewart as CFO and selected five managers for newly created roles across its international team, the company said on Jan. 5.
Tendeka specialists discuss how partnerships can hasten production and forge a cleaner, greener path as the energy transition and economic pressures put the debate of well intervention versus new completions center stage.
An all-composite plug reduces the volume of composite material in the plug construction by 35%.
Next-gen fracturing systems offer lower operating costs along with green benefits.
Pressure-based maps and post-stimulation leak-off analysis identify optimal rock stimulation trends.
A single-trip system activates without the need to drop balls or darts down the ID of the work string, which saves rig time for oil and gas operators.