Products & Technology

December 10, 2019

Bakken, Permian production team gains new capital from Tower Arch

BY Tower Arch Capital Tower Arch Capital has recapitalized Creedence Energy Services LLC in partnership with its founders. Creedence Energy Services provides production chemicals, acidizing services, and other custom solutions for scale and corrosion prevention. READ MORE

December 10, 2019

Flare-powered data center developer gains $70M

BY Luke GeiverCrusoe Energy Systems Inc., a technology-driven flare mitigation provider has closed on $30 million in equity funding and $40 million in project financing for a combined $70 million. READ MORE

December 10, 2019

Solaris plans dividend increase, share buybacks

BY Solaris Oilfield Infrastructure Solaris Oilfield Infrastructure has declared a 5 percent increase in its quarterly cash dividend to $0.105 per share of Class A common stock, to be paid on December 26, 2019. READ MORE

December 03, 2019

Svante, Cross River to partner on CO2 projects in Permian

BY Svante Inc. When used in combination with direct air capture, Svante’s source capture technology can result in net zero carbon emissions from currently emissions-intensive industries, while a single Svante plant can capture a million tons of carbon a year. READ MORE

December 03, 2019

Japan gas provider closes deal on US shale producer's assets

BY Sabine Oil and Gas Sabine Holdings has completely divested of all its oil and gas assets since emerging from bankruptcy in August 2016. East Texas production and reserves increased significantly primarily by proving up the Haynesville play in Texas. READ MORE

November 26, 2019

International oil service firm buys in to Permian

BY Luke GeiverPetrofac Limited has signed a Sale and Purchase Agreement with the shareholders of W&W Energy Services to acquire an entry-level position in the US onshore operations and maintenance market within the Permian shale play. READ MORE

November 26, 2019

Oseberg releases unique NM Permian data

BY Oseberg These datasets provide full visibility to market activity throughout the asset development lifecycle. Data includes deeds, leases, assignments, agreements, spacing & pooling applications and orders, spacing units, state and federal drilling permits. READ MORE

November 26, 2019

Morphpackers find success with Eagle Ford refracs

BY Morphpackers Morphpackers, a provider of revolutionary and highly innovative expandable steel packers for the oil and gas industry, has completed 17 installations of its Cementable MorphAnchor within the Eagle Ford shale play. READ MORE

November 26, 2019

Fluor Corp wins award for gas processing tech

BY Fluor Corp. Fluor’s DDP technology enables a single gas processing plant to recover high levels of propane—95 percent or greater—in both ethane rejection and ethane recovery modes without the use of a turboexpander. READ MORE