Products & Technology

February 23, 2018

MWD tool developer releases subsurface internet link for shale

BY Luke GeiverThe company’s work on the EM link, which sends waves with data through the earth from the bit to the surface, puts the company at the forefront of developing what it calls the subsurface internet. READ MORE

February 12, 2018

New shale tech: mobile resin coated proppant plant in Permian

BY Luke GeiverThe oilfield technology group of Hexion Inc. has great timing. The oil and gas arm of the greater chemical product developer recently unveiled a mobile resin-coated proppant manufacturing facility for the Permian. READ MORE

February 06, 2018

Flotek releases new fluid tech tested and proven in Midland Basin

BY Flotek Industries Flotek Industries Inc., a developer and distributor of prescriptive chemistry-based technology, has announced the expansion of fluid products that were tested and proven effective in the Midland Basin. READ MORE

January 30, 2018

Two Texas companies lauch initial public offerings

BY Patrick C. Miller FTS International of Fort Worth and Cactus Inc. of Houston have launched initial public offerings of their shares. FTS is one of the largest frack service providers in North America. Cactus designs, makes and sells oil and gas well equipment. READ MORE

January 23, 2018

RPSEA rolls out 10-year plan for U.S. oil and gas R&D

BY Patrick C. Miller A technology roadmap outlining where R&D dollars should be invested for the U.S. onshore and offshore oil and gas industry has been released by the Research Partnership to Secure Energy for America (RPSEA). It includes data on emerging shale plays. READ MORE

January 23, 2018

Dallas economist analyzes TX job growth trends in services, oil

BY Staff Economists and researchers at the Federal Reserve Bank of Dallas have analyzed how job growth in Texas has changed during different oil cycles. According to the research, job growth swings more with services than with oil. READ MORE

January 22, 2018

Deloitte’s 2018 oil, gas outlook offers input on recent trends

BY Staff The Deloitte Center for Energy Solutions has issued its 2018 outlook on oil and gas. The team at Deloitte provided a look at trends, opportunities and predictions for this year. READ MORE

January 16, 2018

3D seismic surveys planned for SCOOP/STACK, Permian shales

BY TGS Geophysical Co. TGS has announced three new onshore seismic projects that will help E&P clients better understand opportunities in the Permian Basin, SCOOP/STACK region of the Midcontinent and in the Montney shale. READ MORE

January 16, 2018

Energy investment team puts major stake in shale drill bit maker

BY Luke GeiverIntervale Capital, a specialized energy investment firm, has taken note of increased drilling intensity, longer laterals and higher stage counts throughout most of North America's shale plays. READ MORE

January 09, 2018

Shale play service provider set to issue IPO

BY Luke GeiverNine Energy Service Inc. is going public roughly four years after forming. The Houston-based company announced its intent to list on the New York Stock Exchange with an initial offering price between $20 and $23 per share. READ MORE

January 09, 2018

Paper: Northeast could be second U.S. petrochemical hub

BY Staff The Marcellus and Utica shale plays are unique in that they produce a large volume of ethane and propane. A new white paper says this could provide the U.S.. with a second petrochemical hub in addition to the Gulf Coast. READ MORE

January 09, 2018

Engineers generate energy from fossil fuels with no CO2 emissions

BY Patrick C. MillerA technology under development at Ohio State University can produce energy and other useful products from fossil fuels while eliminating CO2 emissions. Known as chemical looping, the process can also use shale gas to make plastics and carbon fibers. READ MORE

January 09, 2018

Weatherford sells some assets to Schlumberger for $430 million

BY Patrick C. MillerWeatherford is selling some of its U.S. assets to Schlumberger for $430 million. This transaction replaces the OneStim joint venture between the two companies announced last year. Weatherford plans to use proceeds from the sale to reduce debt. READ MORE

January 02, 2018

Permian Basin will drive record U.S. production in 2018

BY Patrick C. Miller London-based research firm IHS Markit says the Permian Basin is a "global disrupter" because of its impact on the world’s crude markets. The basin will set a new record in 2017 and is expected to drive U.S. production to record levels in 2018. READ MORE

January 02, 2018

DiverterSCAN technology provides timely fracking information

BY Patrick C. Miller DiverterSCAN technology from Reveal Energy Services provides operators with the ability to improve fracking efficiency by stimulating multiple perforation clusters. What once took 90 days to determine can now be accomplished in near-real time. READ MORE

January 02, 2018

New shale firm vows to enhance flowback, early production

BY Luke GeiverAfter two years working together, DynaCorp Energy Services and Energes Oilfield Solutions LLC have merged to form a single sand solutions operations for the oil and gas industry. READ MORE

December 21, 2017

Anadarko partners with energy data firm

BY RS Energy Group RS Energy Group and Anadarko Petroleum Corp. have formed a collaborative partnership to integrate proprietary RSEG intelligence and analytics with Anadarko's internal data. READ MORE

December 15, 2017

To keep up with shale demand, Keane orders new frack equipment

BY Keane Favorable conditions have continued to improve throughout the year, and robust 2018 capital budgets announced by producers in recent weeks have amplified and validated the growing demand for our services, which remains in excess of supply. READ MORE

December 14, 2017

Marcellus shale development doesn’t affect mortality rates

BY Staff A new report analyzing health data from six Pennsylvania counties with heavy gas development in the Marcellus shale play in a 10-year period shows that the development has had little or no impact on human health. READ MORE

December 14, 2017

Helmerich & Payne acquires Magnetic Variation Services

BY Helmerich & Payne Inc. Helmerich & Payne Inc. has acquired Magnetic Variation Services LLC (MagVAR), an industry leader in enhancing the accuracy of directional drilling and wellbore optimization. MagVAR provides measurement while drilling survey corrections. READ MORE

December 07, 2017

New industry partnership focuses on cutting emissions

BY Patrick C. Miller A newly formed oil and gas industry organization known as The Environmental Partnership aims to voluntarily reduce emissions of methane and volatile organic compounds through three performance programs. Twenty-six companies have already joined. READ MORE

December 05, 2017

Natural gas becoming fuel of choice for electrical generation

BY Staff As aging coal and nuclear power plants are retired, natural gas from shale is increasingly becoming the fuel of choice for new electrical generation. Gas Power Engineering & Construction outlines the trends in a new white paper. READ MORE

November 28, 2017

Milestone opens second Permian oilfield waste facility

BY Milestone Environmental Services Milestone Environmental Services has opened a state-of-the-art facility in Texas to serve Permian customers in the Midland Basin. The new facility accepts drilling waste streams and some completion and production waste. READ MORE

November 28, 2017

Predator drilling acquires JB Hunt Drilling assets for Permian

BY Luke GeiverThe Canadian-based drilling contractor entered the Permian Basin drilling scene in September 2016 and now it has found a way to expand through acquisition. READ MORE

November 27, 2017

Eight companies commit to reducing methane emissions

BY ExxonMobil Eight major players in the oil and gas industry have signed an agreement to reduce methane emissions from the natural gas assets they operate internationally. BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall signed the agreement. READ MORE

November 20, 2017

UOP's cryogenic gas processing tech becomes popular in Permian

BY Luke GeiverNovember has been a productive month for technology provider UOP Russell and midstream companies serving the Permian Basin. Producers Midstream LP, based in Dallas, and EagleClaw Midstream Ventures, based in Midland, have each signed on. READ MORE

November 14, 2017

Energy groups oppose proposed DOE grid resiliency rule

BY Patrick C. Miller Twelve energy organizations led by the Natural Gas Supply Association have submitted comments to FERC in opposition to DOE's proposed grid resiliency rule. They said the rule uses discriminatory pricing to support coal and nuclear power plants. READ MORE

November 14, 2017

Exports create bullish market for shale oil

BY Staff Are the recent upswings in U.S. crude exports the trend of the future or a momentary blip on the radar? Greg Haas, director of integrated energy for Stratas Advisors in Houston, believes global exports are a prime market for U.S. shale oil producers. READ MORE

November 06, 2017

Premier acquires assets of International Sample Library

BY Premier Oilfield Laboratories Premier Sample Library, a subsidiary of Premier Oilfield Laboratories, has acquired the assets of the International Sample Library located in Midland, Texas. The library serves as a key resource for regional, national and international geologists. READ MORE

October 31, 2017

Newpark Resources buys Well Service Group for $75M

BY Newpark Resources Newpark Resources Inc. today announced that it has entered into definitive agreements to acquire substantially all of the assets, operations and employees of the Well Service Group Inc. READ MORE