Pressure Pumping
Company Profiles , Unconventional , Shale Plays , Pressure Pumping
PATH FORWARD: NexTier Oilfield Solutions CEO Talks Recovery, US Shale’s Global Role
NexTier Oilfield Solutions CEO Robert Drummond joins Hart Energy editors for a conversation centered on his outlook for the oilfield services sector’s recovery on the other side of this downturn.
Business , Exploration & Production , Drilling , Pressure Pumping , Trends
Analysts Highlight Strategy for OFS Sector Survival
Data-driven decision-making and streamlining are among the recommended practices for the services sector.
Unconventional , Shale Plays , Digital Oilfield , Completions , Enhanced Oil Recovery , Pressure Pumping
ConocoPhillips Narrows Digital Strategy on Low-cost Supply Resources
The U.S. independent producer’s laser focus on low cost of supply resources has had a significant impact on its technology roadmap, CTO Greg Leveille says.
Unconventional , Shale Plays , Completions , Pressure Pumping
ProPetro Estimates Frac Fleets in Permian Basin Slumps to 20
While a recent rebound in oil prices has some E&P companies restarting activity, ProPetro CEO Phillip Gobe warned current pricing remains unprofitable for service firms.
Exploration & Production , Drilling , Pressure Pumping
Patterson-UTI Looks to Future by Growing Technology Focus
Patterson-UTI is counting on its balance sheet to get it through tough times and its technology to push toward potential market share gains.
Pressure Pumping
Basic Energy Launches Automated Water Management Solution with Permian Operator
Basic Energy Services Inc. has successfully tested an automated water management solution with a major U.S. operator, the company said on May 8.
Pressure Pumping , Umbilical
Bosch Rexroth Wins Spotlight On New Technology Award from OTC
Bosch Rexroth’s subsea valve actuator enables the electrification of subsea production systems not only for the development of greenfields, but also for the modernization of brownfields.
Digital Oilfield , Pressure Pumping
ResFrac Closes Equity Financing with Altira Group, Launches New User Interface
ResFrac Corp., an innovative simulation software provider, said May 5 that the company has closed a preferred share financing with its financial sponsor Altira Group.
Restructurings , Shale Plays , Drilling , Pressure Pumping , Seismic , Trends , Mergers
What the Oil Price Plunge Means for Oilfield Services M&A
Offshore drillers and North American shale producers most challenged in terms of debt, says analyst.
Public Capital , Earnings , Drilling , Completions , Pressure Pumping
Patterson-UTI Sees 60% Decline in Activity as Oil Prices Crater
Oilfield service firm Patterson-UTI Energy Inc. on April 23 warned investors it would see a 60% decline in activity this year as shale companies slash spending and halt activity amid an unprecedented decline in oil prices.