Pressure Pumping
Business , Exploration & Production , Shale Plays , Pressure Pumping
Oil and Gas Investor Frac Capacity Trends: Pressured Pumpers
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?
Digital Oilfield , Logistics , Pressure Pumping
Halliburton Delivers First Successful Grid-Powered Fracturing Operation in Permian Basin
To date, Halliburton has completed almost 340 stages across multiple wells using utility-powered electric frac pumps that demonstrated consistent superior performance.
Exploration & Production , Pressure Pumping
U.S. Well Services and EQT Finalize Long-Term Electric Fracturing Contracts
U.S. Well Services Inc. has executed two contracts on Jan. 13 to expand its electric fracturing services for EQT Corp.
Pressure Pumping
Victory Elements Introduces Water Dissolvable Ceramic Tooling for Hydraulic Fracturing
Victory Elements has commercially released its water dissolvable ceramic tooling for hydraulic fracturing and maintenance of oil and gas wells, the company said on Jan. 5.
Digital Oilfield , Completions , Logistics , Pressure Pumping
2020 Rewind: Tech Highlights from Turbulent Year in Oil and Gas
Against staggering odds—an unprecedented crash in oil prices and COVID-19—the technology space in the oil and gas sector exceeded the test of resiliency put forth by a turbulent 2020.
People , Pressure Pumping
ProPetro Names Adam Muñoz as Successor to COO David Sledge
ProPetro Holding Corp. reported on Dec. 21 that David Sledge, the current COO, will be succeeded in his role by Adam Muñoz at the end of 2020.
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.
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.
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.
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.