“I hope it stabilizes between a $80 to $100 range over the next several years. We need stability in the oil markets,” Scott Sheffield, the CEO of top U.S. shale producer Pioneer Natural Resources Co., said.
U.S. Well Services inked a contract to deploy its electric pressure pumping fleet across the Permian Basin and Eagle Ford for the operating subsidiaries of Callon Petroleum Co.
Since deployment in early 2021, the first TITAN fracturing fleet has pumped over 1,000 stages in the Haynesville, with over 22,000 hours of total pump time across the eight pump, 40,000 hydraulic horsepower fleet.
FTS International said the all-cash transaction with ProFrac will create one of the largest completions focused service companies in the U.S. oil and gas industry.
An expert panel of judges has selected the top 20 upstream oil and gas industry projects and technologies that open new and better avenues to the complicated process of finding and producing hydrocarbons around the world.
The solution combines Halliburton’s all-electric fracturing spread, featuring the Zeus 5,000 horsepower electric pumping unit, with VoltaGrid’s power generation system to offer increased reliability and real-time emissions tracking.
By delivering a full 1,440 minutes of pumping time with zero non-productive time, Liberty crews were able to attain the premier goal of Liberty’s Operation 1440.