Pressure Pumping

Legislation , Pressure Pumping

US Oil Industry Group Pledges to Fight Possible Biden Fracking Limits

If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use “every tool at its disposal” including legal action, chief executive Mike Sommers said in an interview with Reuters on Nov. 23.

November 24, 2020

Completions , Pressure Pumping

NexTier, National Oilwell Varco Partner on Electric Frac System Field Test

NexTier Oilfield Solutions Inc. and National Oilwell Varco Inc. have entered into an agreement on Nov. 18 to collaboratively field test NOV’s electric fracturing system known as the Ideal eFrac fleet.

November 18, 2020

Business , Unconventional , Crude Oil , Shale Plays , Completions , Pressure Pumping

Will US Oil Production Ever Hit 13 Million Barrels Per Day Again?

Analysts discuss the outlook for the U.S. shale sector as it recovers from the latest downturn, awaiting higher global demand.

November 1, 2020

Public Capital , People , Shale Plays , Pressure Pumping

Former Basic Energy Services CFO David Schorlemer Joins ProPetro

David Schorlemer assumed all duties of CFO at ProPetro effective Oct. 23 as part of the planned departure of the Midland, Texas-based service provider’s former CFO, Darin Holderness.

October 27, 2020

Completions , Pressure Pumping

E&P World View: Another Step Closer to Real-time Hydraulic Fracture Design

With the commercialization of a sealed wellbore pressure monitoring system, more oil and gas operators have access to improving the efficiency of their fracture clusters.

October 13, 2020

Pressure Pumping

Weir Oil & Gas Launches SPM EdgeX Valve and Carbide Seat, Extending Seat Life

Weir Oil & Gas, a leading upstream provider of systematized pressure pumping and pressure control equipment and services, launched its new SPM EdgeX Valve and Carbide Seat on Oct. 6.

October 7, 2020

People , Pressure Pumping

Basic Energy Services CFO David Schorlemer to Resign; Adam Hurley Named Successor

David Schorlemer will exit his role as CFO in order to pursue other interests, Basic Energy Services said on Sept. 30.

September 30, 2020

Exploration & Production , Drilling , Digital Oilfield , Completions , Artificial Lift , Enhanced Oil Recovery , Pressure Pumping , Well Stimulation , Water Management , Subsea

2020 Special Meritorious Awards for Engineering Innovation

An expert panel of judges has selected the top 25 industry projects that open new and better avenues to the complicated process of finding and producing hydrocarbons around the world.

September 9, 2020

Public Capital , Shale Plays , Pressure Pumping , Acquisitions & Divestitures

Schlumberger Exits North America Fracking Business in OneStim Sale

The sale of the OneStim fracking business by Schlumberger to Liberty Oilfield Services is expected to create one of the largest pressure pumping companies in North America.

September 1, 2020

Unconventional , Shale Plays , Completions , Pressure Pumping

Analysts See Frac Crew, Activity Growth Ahead for US Shale Sector

Most of the growth over the next year or so is expected to come from the Permian Basin and Eagle Ford Shale along with notable growth this year from some gas plays, analysts say.

August 26, 2020