National Energy Services Reunited Corp. reported multiple contract awards in the United Arab Emirates valued at up to $100 million for coiled tubing, nitrogen and stimulation services for a period of three years with two optional one-year extensions.
Wilks Brothers, CARBO Ceramics’ pre- and post-bankruptcy lender, agreed to take over the Houston-based frac sand supplier in exchange for its secured debt.
Tendeka, an independent global completions service company, said July 15 it has joined the OSIsoft EcoSphere, a collection of more than 300 industrial leaders that provide products, applications, and services for the PI system.
Included in this agreement is cooperation with nybl to deliver a joint solution that will connect and optimize an initial 2,000 oil wells in North America and Kuwait. Cooperation on this solution is now underway.
Weatherford International Plc on June 3 introduced the Velox wellhead system, a best-in-industry solution for operators needing to lock in pressure integrity while enhancing safety and improving efficiency.
Microproppants have been developed to maximize propped reservoir contact, reduce production decline rates and improve stimulation efficiencies.
U.S. Silica said its CEO, Bryan Shinn, members of the board of directors and company officers have volunteered to take up to a 20% temporary base salary reduction in order to rein in costs.
Eagle Ford wells saw a reduction in treating pressure after dry friction reducer stages.