Products & Technology

December 05, 2018

P2 releases AI system for shale lease management

BY Luke GeiverArtificial intelligence can now be used for oilfield leases. ThoughtTrace, a tech company that uses AI for quickly assessing and compiling critical information in legal documents, is working with P2 on a system for the Permian. READ MORE

December 04, 2018

Permian pressure pump tech testing complete, AFGlobal eyes 2019

BY Luke GeiverGlobal original equipment manufacturer AFGlobal has completed a field trial of a new frack pump. In the Permian Basin, AFGlobal has completed testing of its trademarked DuraStim pump and is now looking to begin taking orders for its technology. READ MORE

November 28, 2018

Sourcewater bolsters Permian water supply database

BY Sourcewater Inc. Sourcewater Inc., a leading provider of oilfield water intelligence, has announced that it has acquired the data and technology of Digital H2O Inc. Digital H2O was a pioneer in the oilfield water data space. READ MORE

November 26, 2018

Questor gains Bakken, Permian clients for waste gas systems

BY Questor Technology Inc. Its high-performance emissions control delivers value in the form of increased oil production for clients while limiting NOx and VOCs to low and compliant levels. READ MORE

November 20, 2018

Houston Advanced Research Center to study flaring tech for shale

BY Houston Advanced Research Center Flaring issues vary across the U.S. with complex regulatory, economic and infrastructure frameworks. A team comprised of researchers from the Houston Advanced Research Center (HARC) and others will evaluate new tech, and economic factors. READ MORE

November 20, 2018

Forbes Energy adds long-reach coiled tubing service to shale ops

BY Forbes Energy Services Cretic, headquartered in Montgomery, Texas, provides large-diameter, extended-reach, coiled tubing services to oil producers predominantly in the Permian Basin. The company has been an early mover in bringing high capacity coiled tubing units. READ MORE

November 16, 2018

Titan tests, proves electric power tongs on DJ Basin rig

BY Titan Casing By utilizing a drilling rig's hydraulic systems to operate casing power tongs, rather than diesel powered Hydraulic Power Units, Titan Casing has made a large step forward in making drilling locations safer and more economical. READ MORE

November 15, 2018

Pioneer, Covia shift sand operations to West Texas

BY Luke GeiverPioneer Natural Resources continues to pivot out of the pressure pumping and frack sand business. The exploration and production company based out of Dallas announced plans to transition out of a sand operation. Covia will also change site locales. READ MORE

November 13, 2018

After buying Pioneer's pumping assets, ProPetro No. 1 in Permian

BY ProPetro Holding Corp. The combination of ProPetro and Pioneer Pumping Services will result in the largest and most efficient pressure pumping provider in the Permian Basin. READ MORE

October 31, 2018

Delaware Basin operator turns to flex turbine to power well ops

BY Flex Leasing Power And Service In this case, the operator’s aggressive field development plan outstripped the local utility’s ability to provide adequate electric power. The original development plan assumed utility power would be available. READ MORE

October 31, 2018

Before going public, USWS signs new electric frack fleet deals

BY Luke GeiverU.S. Well Services has expanded from West Texas to South Texas with its unique frack fleet offering. The Houston-based firm announced this week it will work with an operator in the Eagle Ford. READ MORE

October 30, 2018

BHGE believes 2019 rig, well counts will grow

BY Luke GeiverBaker Hughes, a GE Company now in its second year under the GE name, believes the 2019 oil and gas market will continue on its growth path, including onshore and offshore markets. READ MORE

October 29, 2018

Denbury buys $1.7B Eagle Ford assets for future EOR work

BY Luke GeiverThe possibility of enhanced oil recovery operations in the Eagle Ford is worth $1.7 billion to Denbury Resources. The Texas-based exploration and production company and EOR specialist is buying Penn Virginia Corp.'s assets. READ MORE

October 29, 2018

Schlumberger Q3 update shows growth areas, issues ahead

BY Luke GeiverSchlumberger, the largest oilfield services company in the world, continues to report growth across its North American shale markets but the impact of infrastructure constraints remains a hurdle. READ MORE

October 29, 2018

Halliburton releases fluid efficient dissolvable frack plug

BY Halliburton In the unconventional market, the time to bring a well on production is critical. Traditional plug designs can result in suboptimal plug conveyance and excessive fluid volumes. Halliburton Completion Tools designed the Illusion Spire to help. READ MORE

October 23, 2018

Blackstone buys shale drill bit firm that grew through downturn

BY Luke GeiverBlackstone Energy Partners has announced that it has entered into binding agreements to acquire a controlling, majority interest in Ulterra Drilling Technologies from affiliates of American Securities, READ MORE

October 16, 2018

Big D expands oilfield services for Permian demand

BY The Big D Companies The Big D Companies have further expanded their range of oilfield services to include automated monitoring systems through the acquisition of Remote Monitoring Systems LLC. READ MORE

October 16, 2018

Nine Energy bolsters frack tech, acquires Magnum Oil Tools

BY Nine Energy Services Nine Energy Service Inc. has announced that it has entered into a definitive agreement to acquire Magnum Oil Tools International, a market-leading downhole technology provider. READ MORE

October 10, 2018

Oklahoma drill bit firm rebrands for shale expansion plans

BY Luke GeiverAfter acquiring a majority stake in Oklahoma-based drill bit provider PDC Logic, private equity firm Intervale Capital has brought in new leadership and instituted a rebranding effort. READ MORE

October 05, 2018

To meet demand for shale well cement, idled WV site restored

BY Luke GeiverA multi-million-dollar shale gas-linked modernization project has helped restore a West Virginia cement facility inactive for 10 years. LafargeHolcim, a global entity that provides cement and other materials, has brought back the site for shale gas. READ MORE

October 03, 2018

Calgary energy service now eyeing Powder River, Permian, Bakken

BY Luke GeiverA Calgary-based oil technology and pump provider is making plans to expand in the Powder River, Permian and Williston Basins. Divergent Energy Services provided an operational outlook this week detailing its vision. READ MORE

October 03, 2018

Clariant expands Permian oil lab to aid in production efficiency

BY Clariant Clariant’s newly enhanced Midland facility, with its advanced laboratory capabilities and logistics service enhancements are reflective of the importance Clariant attaches to the Permian Basin and North American oil production. READ MORE

October 01, 2018

Meridian group finalizes tech, designs for new Bakken refinery

BY Luke GeiverA proposed Bakken refinery is another step closer to turning Williston Basin-sourced hydrocarbons into diesel fuel. Meridian Energy Group Inc. will use Axens as the main technology provider for the 49,500 bpd facility. READ MORE

September 27, 2018

Scientific Drilling releases shale tech to drill wells faster

BY Scientific Drilling Designed to drill vertical, curve and lateral sections in a single run, the rugged HALO system consistently helps avoid costly trips and improves rates of penetration even in the harshest conditions. READ MORE

September 25, 2018

Graco’s automated tech driving major shale oil operations gains

BY Luke GeiverGraco Inc. has invested in bringing efficiencies to the shale fields by streamlining and automating a small, yet crucial aspect many of its clients have to deal with: lubrication of equipment. The company has created an automated system. READ MORE

September 21, 2018

Accenture and SAP team up to digitize oil and gas operations

BY Accenture Accenture, a global professional services company, is teaming with SAP to develop a cloud-based solution to digitally transform upstream oil and gas operations. It includes AI, mobility and blockchain capabilities for operations and cash flow. READ MORE

September 18, 2018

North Dakota to study gas storage as a flaring remedy

BY Patrick C. Miller With North Dakota's oil and gas production reaching all-time highs and gas capture goals not being met, the state will study the potential of temporarily storing produced gas in geologic formations until infrastructure can catch up. READ MORE

September 17, 2018

Q&A: How new shale gas standard system could impact industry

BY Staff Independent Energy Standards has created a new system for differentiating shale gas production streams. Through it’s trademarked TrustWell Responsible Gas Program, IES is able to utilize data, analytics and other information sources for ratings. READ MORE

September 12, 2018

Upgraded water treatment tech gives operators multiple options

BY Patrick C. Miller Water Standard and its subsidiary Monarch Separators have upgraded their H2O Solutions technology platform specifically for unconventional oil and gas operations. It provides multiple options for produced- and flowback-water treatment. READ MORE

September 11, 2018

Oil and gas industry backs EPA's proposed fix to 2016 regulations

BY Patrick C. Miller The EPA is proposing changes to oil and gas industry new source performance standards implemented by the Obama administration in 2016. Industry organizations responded positively to the revisions, which are expected to save $75 million a year. READ MORE