Products & Technology

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

September 10, 2018

Schlumberger CEO: Can U.S. shale meet future global oil demand?

BY Patrick C. Miller Can North American shale oil help meet global oil demand as E&P investments continue to lag following the three-year oil price downturn? Paal Kibsgaard, Schlumberger CEO, addressed the issue during the 2018 Barclays CEO Energy-Power Conference. READ MORE

September 10, 2018

Halliburton CEO addresses macro issues, digital options

BY Luke GeiverThe North American shale scene is looking the best it has in four years, according to Jeff Miller, CEO of Halliburton. North America is now a consistent part of the global supply and demand picture—and no longer a swing producer. READ MORE

September 04, 2018

Tiger Capital joins Norwegian group, invests in Permian pumper

BY Luke GeiverThrough a $5 million capital infusion, Norwegian private equity firm Norse Partners and the founders of Commander oilfield services will grow again. Tiger Capital Group, based in Houston, is providing money to acquire more equipment. READ MORE

August 31, 2018

Alliance formed for projects using EcoShale oil shale technology

BY Patrick C. Miller Red Leaf Resources and Hatch have worked together for 10 years to develop EcoShale technology for oil shale projects. Now the two companies have formed a strategic alliance making Hatch the exclusive provider of engineering services for EcoShale. READ MORE

August 28, 2018

Permian Basin activity is driving extreme frack sand demand

BY Patrick C. Miller North American shale oil and gas activity, particularly in the Permian Basin, is driving an extreme demand for frack sand, according to a new report from IHS Markit. The report examines frack sand trends and how operators are handling bottlenecks. READ MORE

August 21, 2018

Halliburton introduces new automated fracking service

BY Patrick C. Miller Halliburton has unveiled its Prodigi AB hydraulic fracturing service, which the company calls a first-of-its-kind technology. It uses automation to improve efficiency, maximize perforation cluster performance and mitigate risks. READ MORE

August 21, 2018

Morgan Stanley Energy Partners, Catalyst Energy form partnership

BY Morgan Stanley Energy Partners Morgan Stanley Energy Partners and Catalyst Energy Services, Midland, Texas, have formed a strategic partnership. MSEP will make a major investment to support Catalyst's pressure pumping and oilfield services in U.S. oil and gas basins. READ MORE

August 19, 2018

Eagle Pipe, Beemac Trucking announce Permian yard partnership

BY Patrick C. Miller Eagle Pipe has opened a new full-service Permian Basin stocking and trucking yard in Midland, Texas. The company has partnered with Beemac Trucking and Logistics for transportation and tubular management services for the new facility. READ MORE

August 13, 2018

Energy Drilling, Henderson partaking in rig resurgence

BY Luke GeiverEnergy Drilling Co. and Henderson, a Houston-based service of drilling rigs and equipment, are at the midst of what each believes is a drilling rig resurgence happening in the U.S. READ MORE