Pressure Pumping

Exploration & Production , Pressure Pumping

Shale-well Frackers Grind To a Halt as Oil Prices Collapse

An estimated 31 hydraulic fracturing fleets, or 11% of those currently operating, were turned off in the last week, according to data from consultancy Primary Vision.

April 2, 2020

Earnings , Digital Oilfield , Pressure Pumping

Schlumberger Cuts Executive Salaries, Reduces Workforce Amid Oil Price Crash

Oilfield services provider Schlumberger on March 31 said it will implement widespread salary and job cuts as it grapples with a sharp decline in revenue from the oil price collapse.

April 1, 2020

Business , Unconventional , Shale Plays , Completions , Pressure Pumping

Analyst: Shale Service Providers to Bear Brunt of Oil Market Crash

The U.S. shale market will carry the biggest burden of budget cuts in the oilfield service market, says a Rystad Energy analyst.

March 31, 2020

Earnings , Pressure Pumping

U.S. Silica to Idle Northern White Frac Sand Mine

U.S. Silica Holdings Inc. on March 24 revealed annualized SG&A cost reductions of approximately $20 million in response to the recent drop in oil prices and the expected decline in drilling and completion activity in North American shale over the coming quarters.

March 25, 2020

Company Profiles , Pressure Pumping

FTS International Furloughs Workers, Cuts Executive Pay

FTS International Inc. said March 23 that it is taking several actions in response to unprecedented conditions in the oil market.

March 24, 2020

Public Capital , People , Shale Plays , Pressure Pumping

ProPetro Names Phillip Gobe As CEO Following Co-founder’s Resignation

ProPetro disclosed Dale Redman, co-founder and former CEO, had violated its insider trading policies over shares pledged for personal loans, which led the company to submit false statements to the SEC.

March 16, 2020

Shale Plays , Pressure Pumping

BJ Services, Aethon Energy Team To Deploy Natural Gas Fueled Fracturing Fleet In Haynesville

BJ Services has entered into a multiyear contract with Aethon Energy on March 11 for the deployment of the company’s first TITAN next-generation fracturing fleet in the Haynesville shale.

March 12, 2020
Sponsored Content

IndustryVoice: Silo Technology And Flexibility Move Mountains Of Sand

The NexStage silo system is a versatile proppant storage solution with high volume options to meet the demands of the largest hydraulic fracturing jobs.

March 2, 2020

Renewables , Shale Plays , Pressure Pumping

Oilfield Technology: Power Play

While barriers to entry are high, electricity is positioning to be the future of fracturing.

February 7, 2020

Shale Plays , Pressure Pumping

BJ Services Field Trials Natural Gas Fueled Fracturing Technology

BJ Services said Feb. 4 it has reached a key milestone with the advancement of field trials for its next-generation fracturing pump platform, the TITAN—the backbone of the company’s next-generation fleet.

February 5, 2020