TOTAL, Houston fluids provider partner to expand shale offerings

Atlas Oil Co. is now a TOTAL Specialties USA Inc. authorized lubricants distributor, cementing Atlas' vision of a single-source service model of premium lubricants and bulk fuel supply for its customers in shale.

Diamondback, Viper report first quarter production increases

Texas-based Diamondback Energy and its subsidiary Viper Energy Partners both reported production increases from their assets in the Permian Basin during the first quarter of 2018. Diamondback's average price per barrel was nearly $62 for the quarter.

Frack sand facilities will serve Haynesville shale customers

Two Performance Proppants facilities in Louisiana will be capable of producing 4.5 million tons of frack sand a year to serve the Haynesville shale play. The company has begun construction of a plant at River Ridge to complement its Hat Creek plant.

Outrigger Energy II plans new DJ Basin midstream system

Denver-based midstream services and development team Outrigger Energy is back in the shale game. The company, now operating as Outrigger Energy II announced plans to develop a tri-stream midstream system in the DJ Basin.

Trinidad Drilling changes plan to move rigs from Saudi Arabia

Three drilling rigs that Trinidad Drilling had planned to move from Saudi Arabia to the Permian Basin will instead be sold. The Canadian company will sell the rigs for $30 million each and upgrade three other rigs for use in the Permian.

Are better times ahead for oilfield services?

Higher than expected oil prices early in 2018 is good news for the U.S. oilfield services and equipment sector. A new report from McKinsey Energy Insights cautions that margins remain under pressure even as efficiencies continue to improve.

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April 24-25, 2018
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