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Author: News

January 5, 2019

Get to Know Your Lateral With C&J Energy Services

C&J Energy Services

This value-added technique enables operators to engineer the completion design using existing drilling data on every completion, whether it’s a new well or a refracture…

News
January 5, 2019

Frac Sand Co. Says Schlumberger Unit Owes More Than $1M

Frac Sand, Schlumberger

Schlumberger Technology Corp. owes more than $1 million to a frac sand company for allegedly breaching an agreement to buy a certain amount of the…

News
January 5, 2019

The last time this happened, oil surged 80 percent

Commodities

The last time it saw these lows, it had a massive rally, says Matt Maley, equity strategist at Miller Tabak. “It got down to the…

News
January 2, 2019

BPX Colorado economic investment

British Petroleum

In September 2018, BPX Energy formally opened its new, 160,000-squarefoot headquarters in Denver. With operations that span six states — Colorado, Louisiana, New Mexico, Oklahoma,…

News
January 2, 2019

British multinational oil and gas company has confirmed it is using 3D printing

British Petroleum, Frac Technology

British multinational oil and gas company BP has confirmed it is using 3D printing to manufacture components for its petrochemicals business.

News
December 31, 2018

Oil ends year down 25%, its worst annual showing since the crash of 2015

Commodities

Stockpiles at a key storage hub in Oklahoma probably rose 1.2 million barrels last week, according to a Bloomberg survey of analysts released Monday. Despite…

News
December 27, 2018

Crude Oil market volatility seen continuing into the New Year

Crude Oil Prices

The oil market is under the thrall of macroeconomic factors that are weighing on the stock market and raising questions about crude demand in 2019.

News
December 26, 2018

Crude gets caught up in financial market weakness

Crude Oil Prices

Oil rose to $51 a barrel on Wednesday on perceptions that a price slide to 2017 lows prompted by economic worries had been overdone amid an OPEC-led effort to tighten supply.

News
December 24, 2018

Increase U.S. energy security with American Oil Production

OilField

The American Petroleum Institute released the following statement in response to the Department of the Interior’s announcement that it will issue a draft EIS for…

News
December 24, 2018

China has the largest oil demand in the world, according to reports

Commodities

China’s crude oil imports exceed 10 million barrels per day, and its dependence on foreign countries is over 70%.

News
December 22, 2018

Matador Resources Company announced midstream joint venture

Matador Resources Company

Matador Resources Company (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of its midstream joint venture, San Mateo Midstream, LLC (“San Mateo”), has…

News
December 22, 2018

Whiting Petroleum Corporation Stock is way down , Is it time to Buy?

Whiting Petroleum

Whiting Petroleum Corporation is an independent exploration and production company with an oil focused asset base. We are a top crude oil producer in North…

News
December 22, 2018

CANRIG ROBOTICS – The Electric Rig Hand

Oilfield Technology

With a 1500 kilogram load capacity, the fully electric drill floor robot automates all pipe and tool operations to reduce the need for manual labor on…

News
December 22, 2018

Keane Group

Keane Group, Pressure Pumping Services

Headquartered in Houston, Texas, Keane is one of the largest pure-play providers of integrated well completion services in the US, with a focus on complex,…

News

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