Products & Technology

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

September 23, 2019

Frac valve firm expands footprint to meet shale needs

BY Luke GeiverAWC Frac Valves Inc. has completed a definitive asset purchase agreement with NorMak Machine and Hydraulic LLC, a specialty frac valve repair facility in Ft. Collins, Colorado. READ MORE

September 17, 2019

Whitepaper explains expanding shale water options in TX

BY Texas Alliance of Energy Producers Produced water management strategies have evolved dramatically over the past five years with increasing, albeit low, levels of treatment. READ MORE

September 16, 2019

Cold Bore's Smartpad frac tech gains second investment round

BY Cold Bore Technology Inc. Cold Bore’s SmartPAD uses a patented combination of valve positioning and pressure monitoring sensors, field data collection systems and proprietary software to fully digitize completions operations. READ MORE

September 16, 2019

Sparx Engineering releases programmable water solution for shale

BY Sparx Engineering Countertrace's breakthrough technology, developed by Sparx' own team of scientists and engineers, is based on a unique polymer macroparticle that can be programmed to identify and selectively contain and remove contaminants from complex fluids. READ MORE

September 10, 2019

Oilfield chemical maker planning $8M facility in Permian

BY Luke GeiverCalifornia-based Enviro Tech Chemical Services is heading to West Texas to serve the shale oil industry. The company announced plans this month to build an $8 million facility to produce oilfield chemicals. READ MORE

September 03, 2019

Downhole completion tech firms form single company for US shale

BY The WellBoss Company Downhole Technology LLC and Resource Well Completion Technologies Inc. are combining on October 1, 2019. Resource Well Completion Technologies is a leading innovator and developer of market-leading technologies. READ MORE

September 03, 2019

IHS releases shale production data, decline rates for US wells

BY IHS Markit IHS Markit has harnessed the power of artificial intelligence (AI) to assess, automate and predict future production for each of the nearly one million currently producing oil and gas wells in its North American databases. READ MORE

September 03, 2019

Brigade Energy adds production assets from Nine Energy for $17M

BY Luke GeiverNine Energy is selling its shale oil and gas production assets. The Texas-based energy service provider that operates in several North American shale plays, will receive roughly $17 million in cash from Brigade Energy Services. READ MORE

August 20, 2019

Certarus enters Permian with flare capture, electric frac tech

BY Luke GeiverCalgary-based Certarus Ltd. is bringing its virtual natural gas pipeline to West Texas shale country. The company announced plans to deploy a flare gas capture process used to power an electric hydraulic fracturing fleet starting this year. READ MORE