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?

January 15, 2021

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.

January 14, 2021

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.

January 13, 2021

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.

January 11, 2021

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.

January 11, 2021

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.

December 22, 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.

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