The Latest

ProPetro Reports Material Weakness in Financial Reporting Controls

ProPetro identified a material weakness in internal controls over financial reporting, the oilfield services firm said in a filing.

GEODynamic’s EPIC Perforating Technologies for Wireline Solutions

The EPIC Precision and EPIC Flex top-loading gun systems are engineered to be used across a broad range of unconventional well designs for extremely reliable plug-and-perf completions.

Exclusive: Halliburton’s Frac Automation Roadmap

In this Hart Energy Exclusive, Halliburton’s William Ruhle describes the challenges and future of automating frac jobs.

ShearFRAC, Drill2Frac, Corva Collaborating on Fracs

Collaboration aims to standardize decision-making for frac operations.

Remotely Controlled Well Completion Carried Out at SNEPCo’s Bonga Field

Optime Subsea, which supplied the operation’s remotely operated controls system, says its technology reduces equipment from transportation lists and reduces operation time.

Patterson-UTI Braces for Activity ‘Pause’ After E&P Consolidations

Patterson-UTI saw net income rebound from 2022 and CEO Andy Hendricks says the company is well positioned following a wave of E&P consolidations that may slow activity.

Halliburton Posts High Operating Margins for 2023

Halliburton’s CEO Jeff Miller says service intensity contributes to ongoing strong oilfield service fundamentals.

Exclusive: Meet the Data Van, the Heart of Completion Operations

In this Hart Energy Live Exclusive, NexTier’s Ben Dickinson describes how the data van centralizes completions controls and data and reduces on-site personnel requirements as the industry moves ever closer to remote fracs.

E&P Highlights: Jan. 22, 2024

Here’s a roundup of the latest E&P headlines, including FIDs for the Victory and Winterfell fields and new technology updates.

Turn Down Service: AICDs Restricting Unwanted Fluids

Autonomous inflow control devices have evolved from a simple on-off switch to reservoir management tools.