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.
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.
David Schorlemer will exit his role as CFO in order to pursue other interests, Basic Energy Services said on Sept. 30.
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.
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.
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.
Eureka Resources LLC has been awarded a U.S. patent on Aug. 24 for its groundbreaking approach to cleansing and recycling wastewater from oil and gas operations.
Fort Worth, Texas-based pressure pumper FTS International plans to voluntarily file for bankruptcy in the coming weeks to implement a prepackaged Chapter 11 plan of reorganization it says will pave the way for future strategic growth.
U.S. hydraulic fracturing firm ProPetro Holding Corp. plans to run between seven to eight fleets this quarter, up from an average of four fleets in the second quarter, executives told investors on an earnings call on Aug. 5.