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Author: News

December 16, 2018

Weatherford International Stock is in free fall mode , faces delisting from New York Stock Exchange

Weatherford

After 30 days of its stock trading below $1 per share, oilfield services giant Weatherford International is facing getting delisted from the New York Stock…

News
December 16, 2018

Cheap Oil is no longer a good thing for the U.S Economy

Crude Oil Prices

Previously, the decline in oil prices was definitely beneficial to the American economy, but now the situation is more complicated and this principle no longer…

News
December 16, 2018

“Pipe mishandling” cause of death at Innovation 1 Drilling Rig reports North Slope Borough Police

Drilling Rig

Worker struck by heavy drilling pipe.

News
December 15, 2018

A look at the Drillmec rig HH220 operated by Cuadrilla

Cuadrilla

DRILLMEC HYDRAULIC DRILLING RIG MODEL HH220 FA Semitrailer mounted high mobility rotary drilling & workover rig Drillmec HH220 FA Full Automatic and fully hydraulic operated….

News
December 14, 2018

Trican Well Service stock is way down, even after the sale of Keane shares

Business, Trican Well Service

Trican Well Service Ltd (TSE:TCW) shares were down 6.1% during trading on friday. Approximately 290,322 shares were traded during trading, a decline of 90% from…

News
December 14, 2018

Rachel Notley’s call for new oil refineries is unlikely to persuade Canadian oil industry

News

Alberta Premier Rachel Notley’s call for new oil refineries is unlikely to persuade an industry that is already skeptical about such projects, according to energy…

News
December 13, 2018

AIRIS Wellsite Services Is helping Frac Companies tackle the OSHA SILICA RULE

Frac Sand, Frac Technology

New federal regulations are here for the entire hydraulic fracturing industry. OSHA’s new, stricter standards reduce the permissible exposure levels (PEL) for respirable crystalline silica…

News
December 13, 2018

PROPSTREAM™ last mile proppant logistics

Frac Sand

The industry’s only fully integrated last mile service with both silo and frac sand container systems

News
December 12, 2018

U.S. Well Services Finalizes Third Electric Frac Fleet Contract with Apache Corporation

U.S. Well Services

U.S. Well Services Inc. (NASDAQ: USWS) today announced that it has signed an electric frac fleet contract with Apache Corporation. Under the terms of the…

News
December 11, 2018

2019 U.S Oil producers will pump an average 12.06 million barrels a day

Brent Crude, Crude Oil Prices

EIA expects global liquid fuels consumption to increase by 1.5 million b/d in 2019, with growth largely coming from China, the United States, and India.

News
December 11, 2018

A look at the Rat Hole “Conductor Hole” companies in North Dakota

Oil Field Services

What do  Rathole Companies do out here in the oil industry anyway?   They drill the (Conductor Hole, Mousehole and Cellar) sometimes called the “Rat Hole”…

News
December 10, 2018

Water Transfer for Select Energy Services

Select Energy Services

Working in the oilfield with Select Energy Services’ Water Transfer group. Most of the water transfers are for fracking operations.

News
December 10, 2018

At $65 WTI Continental Resources Sees 20 Years Of 100% Returns

Continental Resources

The Company currently has 8 rigs drilling in the Bakken, up 2 rigs from last quarter

News
December 10, 2018

ConocoPhillips shale output to grow 25% in 2019, CEO says, even as oil slides

Business, ConocoPhillips

ConocoPhillips (NYSE:COP) expects its shale production to increase 25% next year even as crude oil prices tumble, proving the industry’s resilience in volatile markets, CEO Ryan Lance tells Bloomberg.

News

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