Products & Technology

January 14, 2020

Gardner Denver, STEP Energy embark on frack pump trial

BY Gardner Denver During the six-month field trial, STEP will supply weekly operating data for the pump, including discharge pressure, suction pressure, RPM, pounds of proppant, and temperatures. READ MORE

January 13, 2020

TenEx develops NoHit tech for shale well issues

BY TenEx Technologies TenEx Technologies has developed a trademarked NoHIT, a patent-pending frac hit mitigation chemical technology which is the first of its kind in the industry. NoHIT is pumped as an additive to a parent well’s preload and/or active loading program. READ MORE

January 07, 2020

Solar-infused water treatment system set for Permian

BY Luke GeiverWyoming-based Encore Green Environmental has entered into a Memorandum of Understanding with Wilson Farms in Midkiff, TX, to host a cutting-edge process utilizing produced water in concentrated solar power (CSP) to generate electricity. READ MORE

January 07, 2020

Infrastructure Networks, Nokia partner to expand 5G in US shales

BY Infrastructure Networks Infrastructure Networks Inc. has completed a major expansion of its private LTE network, adding capacity in existing areas, doubling geographic coverage and upgrading the network to be 5G-ready for the Permian, Bakken and other shale plays. READ MORE

December 31, 2019

Gradiant completes Permian evaporation pilot project

BY Gradiant Energy Services Gradiant Energy Services, a solutions provider for produced and flowback water treatment and recycling, has announced the successful completion of an evaporative disposal pilot project for a super major. READ MORE

December 31, 2019

TGS releases shale data from SCOOP/STACK operator

BY TGS Geophysical Co. TGS, a geoscience data firm, has completed a transaction to purchase over 800 square miles of onshore 3D seismic surveys from a U.S. based E&P company. READ MORE

December 30, 2019

Denbury, Israeli oil firm agree on TX deal

BY Luke GeiverDenbury Resources Inc. has entered into a definitive agreement with a subsidiary of Navitas Petroleum to sell half of its nearly 100 percent working interest position in four southeast Texas oil fields. READ MORE

December 16, 2019

Basic exits shale pumping, focusing on midstream

BY Basic Energy Service Basic Energy Services Inc. has announced a plan to divest of its pumping services assets in multiple transactions with expected proceeds of approximately $30 to $45 million. READ MORE

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

November 19, 2019

Deloitte Study: How to walk shale tightrope in 2020

BY Luke GeiverEntering 2020, the oil and gas industry will face unique economic, trade and political headwinds, according to the lead analysts at global research and consulting firm Deloitte. READ MORE

November 19, 2019

Flare tech, data center providers partner in shale fields

BY Mesa Natural Gas Solutions The agreement utilizes Mesa's proprietary generators to turn otherwise wasted natural gas into electricity for powering edge computing data centers. READ MORE

November 12, 2019

OspreyData's new shale product could help digital oilfield

BY OspreyData The Unified Monitor solution enables an oil company to shorten the time to value when transitioning to a digital oilfield by enabling centralized collection and surveillance from a combined view of all production regardless of SCADA or lift type. READ MORE

November 11, 2019

Shale tests show advantage of unbundling fracture fluids

BY Bosque Systems Bosque specializes in unbundling fracture fluids with its OptiFluids product line. It customizes programs to ensure each chemical used in the fracking process produces the intended results based on operator goals. READ MORE

November 05, 2019

Oilfield tech firm acquires shale drilling assets, team

BY Premium Oilfield Technologies Premium Oilfield Technologies announced today that it has executed agreements to buy Global Drilling Support. GDS has been serving several major US shale plays out of Midland, Texas, along with facilities in Dubai and Russia. READ MORE

October 31, 2019

New storage tank tech reduces emissions for shale firms

BY Protectoseal Co. The explosive growth of shale oil and gas development has created demands that are not currently being adequately satisfied by existing suppliers. Protectoseal Co. has created a new storage tank hatch to meet regs and better serve the industry. READ MORE

October 28, 2019

Deloitte study addresses shale's performance puzzle

BY Deloitte Key findings from the study address the changing view on the importance of rock quality, the impact of well optimization efforts and how many billions of dollars could be saved by E&P's if they adjust the status quo. READ MORE

October 20, 2019

Permian drilling tech provider signs with Frontier

BY ADS Services ADS Services and Frontier International LLC have entered into a supply agreement to provide the land drilling market with a comprehensive, low-cost managed pressure drilling technology set for the Permian. READ MORE

October 08, 2019

Shale pump for higher sand loads reason for Veretek's record Q3

BY Luke GeiverAn unconventional artificial lift pump is catching on in the shale patch. Veretek Co. achieved record third quarter results thanks to its V-Pump, an artificial lift pump designed to handle high-sand concentrations and gas slugs. READ MORE

October 08, 2019

WellBoss, Downhole Tech merger becomes official

BY The WellBoss Company WellBoss will be focused on providing operators with full well completion solutions while reducing inefficiencies in multi-stage fracturing equipment, such as rig idle time, wireline, coiled tubing, and water usage. READ MORE

September 30, 2019

Shale water tech firm set to test new method in Permian

BY RWI Enhanced Evaporation Resource West has tested its units for more than two years. The systems were designed from scratch and ran at RW's 5-acre test site. In the Permian, RW will showcase its unique produced water technology. READ MORE

September 24, 2019

NM has new plan for monitoring Permian methane totals: satellites

BY Descartes Labs Descartes Labs has announced the development of a methane-detection model designed to help New Mexico better monitor harmful emissions as a means of implementing a strategic mitigation policy. READ MORE

September 23, 2019

AI tech provider releases new shale well spacing algorithm

BY OAG Analytics The new OAG algorithms enable machine learning to understand enough about reservoir physics to be applied to complex well spacing decisions. READ MORE