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…
Author: News
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,…
U.S. Silica Holdings, Inc. (SLCA) and Liberty Oilfield Services Inc settled an intellectual property lawsuit
U.S. Silica Holdings, Inc. (SLCA) and Liberty Oilfield Services Inc. (LBRT) announced today that they have a settled an intellectual property lawsuit and related counterclaims…
Drillers added 10 oil rigs in the week to Dec. 21
U.S. energy firms added oil rigs for the first time in the past three weeks despite sharp declines in crude futures to their lowest since the summer of 2017.
The collapse in oil prices, now hovering around $45 per barrel in the U.S
Currently national gas prices at the pump average around $2.34 a gallon.
Colorado oil and gas producers could soon face a tougher permitting process
Colorado oil and gas producers could soon face a tougher permitting process as newly elected state officials take office and revamp regulations, the incoming speaker…
Lonestar entered into an agreement for a dedicated frac spread for 2019
Lonestar also announced that it has entered into an agreement for a dedicated frac spread for 2019 with a leading energy service company. Bracken added,…
Lightning Composite Plug – Frac Plugs to Increase Efficiency in Cemented Completions
The latest innovation from Packers Plus Energy Services Inc. is providing operators with higher efficiency plug-and-perf systems worldwide. The TREX™ Cemented Product Line now offers…
Keane Group NYSE FRAC is more diversified in its oilfield services than other midsize Fracking Companies
Hedge funds are becoming less confident with FRAC during the oil slump and the number of bullish hedge fund bets were trimmed by 1 lately….
Analysts expect Baker Hughes, a GE company (NYSE:BHGE) to report $0.27 EPS on January
Analysts expect Baker Hughes, a GE company (NYSE:BHGE) to report $0.27 EPS on January, 23.They anticipate $0.12 EPS change or 80.00 % from last quarter’s…