NOW Inc. has entered into an agreement on March 1 to acquire from GR Energy Services substantially all of the assets used in connection with its Flex Flow business.
Peloton has entered into an agreement on Feb. 23 to acquire Cevian Technologies, a cloud-based software company that specializes in real-time data acquisition, visualization, and reporting tools for the completions industry.
Sypris Technologies Inc., a subsidiary of Sypris Solutions Inc., has received orders on Feb. 8 for its Tube Turns D-bolt and Tool-less specialty closures for use in high-pressure oil and gas applications, including the Anchor Field development project in the Gulf of Mexico and the planned upgrade of a natural gas pipeline system in North America.
Hunting Plc, the international energy services group, has agreed to provide Well Data Labs (WDL) with $2.5 million in convertible capital financing on Feb. 4 to support WDL significant growth ambitions in the onshore technical well data analytics market.
As completions declined in 2020, so went demand for frac water. But wells that were still online didn’t stop producing it. Here’s the latest on H2O availability, recycling and disposal as operators begin to ramp back up.
These experts share their tricks of the trade for the most cost-effective completions. How can operators spend their precious capital most wisely?
With more than a dozen new completions in 2020 in Upton and Reagan counties, Hibernia Resources has more than halved non-pumping time with giga-fracs, making for some $300,000 in savings. Here’s how.
As well completions companies gear up for a new year following unprecedented times in the oil patch, analysts and industry executives shed light on the path ahead. Is this beleaguered sector regaining strength or just powering through?
To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
U.S. Well Services Inc. has executed two contracts on Jan. 13 to expand its electric fracturing services for EQT Corp.