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…
Author: News
Frac Sand Co. Says Schlumberger Unit Owes More Than $1M
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…
The last time this happened, oil surged 80 percent
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…
BPX Colorado economic investment
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,…
British multinational oil and gas company has confirmed it is using 3D printing
British multinational oil and gas company BP has confirmed it is using 3D printing to manufacture components for its petrochemicals business.
Oil ends year down 25%, its worst annual showing since the crash of 2015
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…
Crude Oil market volatility seen continuing into the New Year
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.
Crude gets caught up in financial market weakness
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.
Increase U.S. energy security with American Oil Production
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…
China has the largest oil demand in the world, according to reports
China’s crude oil imports exceed 10 million barrels per day, and its dependence on foreign countries is over 70%.
Matador Resources Company announced midstream joint venture
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…
Whiting Petroleum Corporation Stock is way down , Is it time to Buy?
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…
CANRIG ROBOTICS – The Electric Rig Hand
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…
Keane Group
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,…