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.
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.
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.
These experts from the operating and service sectors discuss how the industry has improved per-well results in the Marcellus and Utica plays, from reduced drilling days to more cost-effective frac designs.
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.
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.
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.
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.