Products & Technology

July 11, 2017

2017 Bakken oil conference begins next week

BY John NelsonThe 3rd Annual Bakken Conference & Expo will begin Monday, July 17th at the Bismarck Events Center in Bismarck, North Dakota. The event is expected to draw several hundred Bakken-focused professionals to the three-day gathering. READ MORE

July 10, 2017

Baker Hughes and GE finalize merger deal

BY Patrick C. Miller A merger transaction combining GE’s oil and gas business with Baker Hughes has created a new company—BHGE—that GE says is the world’s first company bringing together equipment, services and digital solutions across the entire industry. READ MORE

July 10, 2017

Unimin plans West Texas sand plant to serve Permian Basin

BY Patrick C. Miller The largest proppant supplier to the oil and gas industry plans to build a regional sand processing plant in West Texas to support activity in the Permian Basin. Unimin Corp. expects the 5-million-ton-per-year plant to be ready by early 2018. READ MORE

July 05, 2017

Halliburton buys Tulsa-based electric submersible pump maker

BY Luke GeiverHalliburton Co. has bolstered its electronic submersible pump offerings. The Houston-based energy service giant has acquired Tulsa-based Summit ESP. Summit engineers, manufactures and services a complete line of ESPs. READ MORE

June 27, 2017

New study shows the benefits of natural gas across the U.S.

BY Staff A new study released by the American Petroleum Institute outlines the economic and energy benefits the U.S. receives from natural gas production and makes projections about the future. In 2015, the resource supported 4 million jobs in the country. READ MORE

June 20, 2017

U.S. Silica building frack sand mine, plant to support Permian

BY Patrick C. Miller In response to the growing demand for frack sand in West Texas, U.S. Silica is building a new mine and plant to support expanding oil and gas activity in the Permian and Delaware basins. The $225 million project should be completed by year's end. READ MORE

June 19, 2017

Baker Hughes, GE reach milestone in merger transaction

BY Patrick C. Miller Baker Hughes and GE reached a milestone in their proposed merger when the U.S. Department of Justice approved an agreement allowing the transaction to move forward. The deal is expected to be completed by the middle of the year. READ MORE

June 13, 2017

Howard Midstream, WPX partner on Delaware oil, gas projects

BY Luke GeiverSan Antonio-based Howard Midstream Energy Partners is now a major supporter of the Tulsa-based exploration and production firm WPX Energy. The entities have signed a joint venture to develop and operate oil and gas assets in the Delaware. READ MORE

June 13, 2017

Oak Ridge research aims to improve oil and gas extraction

BY Staff Researchers at Oak Ridge National Laboratory have combined two analytical techniques that they believe could lead to more economical and efficient oil and gas extraction from shale. The lab is looking for collaborators to continue the research. READ MORE

June 06, 2017

New analytical tool could aid in effective cleanup of oil spills

BY Patrick C. Miller Researchers at Florida International University have developed an analytical tool which provides better information more quickly on oil spills. Understanding of how oil interacts with the environment could lead to better remediation technologies. READ MORE

June 06, 2017

Report highlights how oil and gas industry benefits communities

BY Patrick C. Miller A new report from the American Petroleum Institute provides information, data and examples of how the U.S. oil and gas industry provides economic benefits to communities while providing energy cleanly and safely. READ MORE

June 06, 2017

Stage Completions uses new tech for record Eagle Ford well

BY Luke GeiverStage Completions has broken a hydraulic fracturing record in South Texas. The Calgary-based completions company has finished a company-best 117-stage well in the Eagle Ford. READ MORE

June 06, 2017

Oklahoma operator deploys new pressure pumping tech

BY Luke GeiverAn Oklahoma-focused oil producer has deployed a new type of pressure pumping unit. Midstates Petroleum, an independent oil and gas producer, announced recently that pressure pumping units fueled by 100 percent CNG were used to frack a well. READ MORE

May 23, 2017

Select Energy Services sees improvement in first quarter 2017

BY Patrick C. Miller Increases in drilling and completions and a key acquisition enabled Texas-based Select Energy Services to improve its revenues for the first quarter of 2017. The company provides water solutions for the U.S. unconventional oil and gas industry. READ MORE

May 23, 2017

Data, company expansions show continued increase in TX, NM shale

BY Luke GeiverSupport activities for mining continue to increase in West Texas and Eastern New Mexico. Data from the Federal Reserve Bank of Dallas combined with continued company expansions into the region help explain where the increases are happening. READ MORE

May 22, 2017

Keane Group expands services with RockPile Energy acquisition

BY Patrick C. Miller Already one of the largest pressure pumping fleets in the nation, Keane Group Inc. will expand by 26 percent with the acquisition of Denver-based RockPile Energy Services. The stock and cash transaction is valued at nearly $285 million. READ MORE

May 09, 2017

EOG details role of data used for shale production

BY Luke GeiverBig data took the spotlight during EOG Resources' first quarter 2017 update. The exploration and production company often cited as the best among its unconventional-focused peers, explained the way big data has shaped the company. READ MORE

May 09, 2017

EPA approves regulatory authority for ND CO2 storage

BY Patrick C. Miller North Dakota this week became the first state in the nation to receive primary regulatory authority from the EPA for carbon capture and storage. The move is expected to help advance enhanced oil recovery in the Bakken. READ MORE

May 02, 2017

In Depth: Inside The Business Of Shale Diverters

BY Luke GeiverAmong the hottest trends in the shale industry, diverting agents can improve production with out increasing completion costs. These companies have experienced firsthand the rise—and the profits available—of biodegradable diversion material. READ MORE

May 02, 2017

Weatherford expects Schlumberger joint venture to boost recovery

BY Patrick C. Miller As Weatherford International emerges from the oil price downturn reporting a loss in the first quarter of 2017, CEO Mark McCollum expects a recent joint venture agreement with Schlumberger OneStim to improve the company's balance sheet. READ MORE

May 02, 2017

Computer simulations offer insight on the physics of fracking

BY Patrick C. Miller Researchers at the Idaho National Laboratory have developed simulations that provide a better understanding of the physics of shale oil formations. Coupled with high-resolution 3D imagery, the simulations could lead to more efficient fracking. READ MORE

April 26, 2017

Diverter distributors explain shale industry trend

BY Staff This week's question and answer piece stems from an upcoming feature story soon to be released regarding a major industry trend on the use of diverters for well completions. We spoke with two developers and distributors who serve oil and gas clients. READ MORE

April 26, 2017

American Power Group sees large quarterly revenue increase

BY Patrick C. Miller Increased oil and gas activity in the U.S. and Canada has been good for American Power Group, which is expecting a significant revenue increase in its quarterly report. The company's natural gas conversion system is one reason for the resurgence. READ MORE

April 19, 2017

MIT water tech team proves worth in Permian, Marcellus

BY Luke GeiverAn MIT spin-off company has found its footing in the oil and gas industry with its evaporation-based approach to wastewater treatment. The system has now been deployed in the Permian and Marcellus. READ MORE

April 12, 2017

Oilfield giant focuses on data-infused tech for better recovery

BY Staff One of the largest shale service providers in the world is focused on improving its use of data to help its producer clients continue their efforts in places like the Bakken, Permian or Eagle Ford. READ MORE

April 12, 2017

SkyX builds drones for pipeline inspection, mapping, surveillance

BY Patrick C. Miller SkyX, a Canadian company, is offering a new drone solution to the oil and gas industry. It's SkyOne vertical-takeoff-and-landing unmanned aircraft system (UAS) was designed with pipeline inspections in mind. READ MORE

April 05, 2017

Schlumberger CEO addresses key needs of oil and gas industry

BY Staff During a conference address last month, Paal Kibsgaard, Schlumberger chairman and CEO, expressed concern that production and reserves are not keeping pace with depletion rates. He said this indicates a need for greater E&P spending. READ MORE

March 29, 2017

Trump approves Keystone XL, rolls back environmental regulation

BY Patrick C. Miller In the past week, President Donald Trump has delivered on his campaign promises by approving the Keystone XL Pipeline and rolling back Obama administration regulations, orders and policies designed to combat climate change. READ MORE

March 22, 2017

Trican, Canyon merge to create Canada’s largest frack fleet

BY Luke GeiverLarger frack jobs and increased sand volumes is maxing out the current frack fleets of both Trican and Canyon. Through the merger, the two firms will be more efficient and set-up for growth as activity in Canada continues to increase. READ MORE

March 22, 2017

Researchers’ new model provides insights into improved fracking

BY Patrick C. Miller Research from China indicates that there may be a more accurate way to predict the effects of hydraulic fracturing in rock formations. The results of the study were published this week in an applied physics journal. READ MORE