Business Lessons Learned On An Oil Rig It’s not every day that you get to hear about a CEO who oversees a fashion brand which…
Author: News
GE to sell “101.2 million shares” $4 billion stake in Baker Hughes oilfield services
Under the deal, the Boston-based industrial conglomerate will sell up to 101.2 million shares on the market and Baker Hughes will repurchase another 65 million…
Liberty Oilfield Services Fire At Frac Location – Colorado
Ron Gusek of Liberty Oilfield Services says the fire was in a truck equipped to pump water. He says the fire department is investigating the…
ProPetro Holding Announces Acquisition of Pumping Services Assets from Pioneer Natural Resources
Pioneer Natural Resources selling pressure pumping business for $400M ProPetro Holding Announces Acquisition of Pumping Services Assets from Pioneer Natural Resources and Long-Term Service Agreement…
Liberty Frac Stock is another oilfield service company losing with the crude price drop
Summary Results and Highlights Revenue of $559 million and net income1 of $66 million, or $0.49 fully diluted earnings per share, for the quarter ended…
U.S. crude is plunging from nearly four-year highs six weeks ago to its lowest level since early December.
The slump reflects a fundamental change in the outlook for the oil prices. A month ago, traders were concerned that a looming shortage of oil…
Liberty Frac Pumps Up in Smoke
This photo taken from video provided by KMGH-TV shows a fire at an oil and gas site south of Greeley, Colo., on Wednesday, Nov. 7,…
Oil and gas rules front and center for Colorado lawmakers following Prop 112’s defeat
With voters on Tuesday painting, both chambers of the legislature blue and the election of Democrat Jared Polis to the governor’s mansion, state Rep. KC…
Trump suggests administration will appeal ruling halting Keystone pipeline construction
President Donald Trump called a federal court ruling halting construction of the Keystone XL Pipeline a “disgrace” and suggested that his administration intends to appeal….
Oil Prices Rise After Saudis Hint at a Production Cut
OIL PRICES BROKE AN 11-day drop Monday after Saudi Arabia’s energy minister announced that OPEC and its allies might cut production to stabilize prices. Brent…
Halliburton Appoints New Chief Financial Officer
Halliburton Company (NYSE:HAL) is pleased to announce that Lance Loeffler, previously vice president of Investor Relations, has been promoted to Chief Financial Officer. Mr. Loeffler…
Calfrac Well Services
Based on horsepower, Calfrac is one of the largest hydraulic fracturing companies in the world with a combined fleet of 1.3 million horsepower. An API…
Pressure Pumping Market tremendous rise 2017 – 2025
Pressure Pumping Market tremendous rise 2017 – 2025 : Baker Hughes, Key Energy Services, Halliburton, Schlumberger, Frac Tech Services International Some of the players in…