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Author: News

December 21, 2018

U.S. Silica Holdings, Inc. (SLCA) and Liberty Oilfield Services Inc settled an intellectual property lawsuit

Frac Sand, Liberty Oilfield Services, U.S. Silica

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…

News
December 21, 2018

Drillers added 10 oil rigs in the week to Dec. 21

Drilling

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.

News
December 21, 2018

The collapse in oil prices, now hovering around $45 per barrel in the U.S

Commodities, Crude Oil Prices

Currently national gas prices at the pump average around $2.34 a gallon.

News
December 20, 2018

Colorado oil and gas producers could soon face a tougher permitting process

OilField

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…

News
December 20, 2018

Lonestar entered into an agreement for a dedicated frac spread for 2019

Lonestar

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,…

News
December 20, 2018

Lightning Composite Plug – Frac Plugs to Increase Efficiency in Cemented Completions

Frac Technology, Packers Plus Energy Services

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…

News
December 20, 2018

Keane Group NYSE FRAC is more diversified in its oilfield services than other midsize Fracking Companies

Business

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….

News
December 19, 2018

Analysts expect Baker Hughes, a GE company (NYSE:BHGE) to report $0.27 EPS on January

Baker Hughes

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…

News
December 18, 2018

Three year OIL (WTI) Price Commodity Chart

Commodities

The price of oil is the most important value on the international commodity markets.

News
December 18, 2018

Shell Eyes Endeavor Energy in Midland TX. With over 300,000 net acres

Endeavor Energy Resources, Shell

The British-Dutch oil major is in position to snap up privately held Endeavor Energy Resources, a deal valued at around $8 billion. However, this is…

News
December 18, 2018

Canada’s oil sector gets Government aid with export development loans

OilField

Canada’s oil sector, hurt by low prices and a lack of pipeline capacity to get its product to new overseas markets, received Can$1.6 billion (US$1.2…

News
December 17, 2018

How do you prepare for a Crude Oil crash if you work in the Oil industry?

OilField

Feast or famine is what they like to say in the Oil industry. You’re either working 100hr work weeks or your the yard washing equipment…

News
December 17, 2018

Oil falls below 50 – The OPEC+ Russia cuts still not doing much to boost oil prices

Crude Oil Prices

Oil prices fell more than 2 percent on Monday, with U.S. crude tumbling below $50 a barrel, on signs of oversupply in the United States

News
December 17, 2018

Citigroup Lowers Liberty Oilfield Services (NYSE:LBRT) / Analyst lowered its Q4/18

Liberty Oilfield Services

Citigroup Lowers Hydraulic Pressure pumping Company Liberty Oilfield Services (NYSE:LBRT) Price Target to $19.00 and analyst Stephen Gengaro reported Liberty Oilfield Services Inc. (LBRT:NYSE) lowered its Q4/18…

News

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