Well Stimulation

National Energy Services Wins Well Intervention Contracts In North Africa

National Energy Services Reunited Corp. (NESR), a national provider of integrated energy services in the Middle East and North Africa and Asia Pacific, on Oct. 1 reported multiple awards in North Africa valued up to $100 million. The awards are for well intervention services for a period of up to three years.

October 2, 2019

Drilling , Completions , Well Stimulation

Schlumberger Introduces At-Bit Steerable System For Drilling Horizontal Wells In A Single Run

NeoSteer at-bit steerable system design integrates a unique cutting structure and steering mechanisms.

October 1, 2019

Business , Well Stimulation

Locus Bio-Energy Solutions Opens Oil Innovation Center In Houston

Locus Bio-Energy Solutions, an oil technology company whose environmentally-friendly biosurfactant treatments consistently increase well production by averages of 40%, officially opened its new 7,117-square-foot Houston innovation center on Sept. 17.

September 23, 2019

Pressure Pumping , Well Stimulation

Corva, Drill2Frac Join Forces To Create High Performance Wells

New data science partnership brings together leaders in rock characterization for hydraulic fracturing design and real-time completion analysis, offering operators an advanced solution for maximizing frac performance and ultimate oil and gas recovery.

September 20, 2019

Business , Exploration & Production , Shale Plays , Pressure Pumping , Well Stimulation

E&P Momentum: Killing The Goose That Lays The Golden Egg

Well stimulation firms are experiencing economic headwinds despite completing more stages at higher pump rates for customers as pricing softens and frack equipment stacks out.

September 20, 2019

People , Well Stimulation

Basic Energy Services CEO T.M. Patterson To Step Down

Basic Energy Services said CEO T.M. “Roe” Patterson notified the company on Sept. 13 that he plans to transition away from the company to pursue other business opportunities.

September 16, 2019

Well Stimulation

Weatherford Signs $87 Million Fishing, Intervention Contract With Petrobras

The four-year agreement represents the largest fishing contract ever signed by Weatherford. It also constitutes the largest single global award for this scope in the recent past.

September 10, 2019