The official UK advocate for shale-gas development has resigned in protest of “a de facto ban” on hydraulic fracturing. Natascha Engel, a former Labor Party…
Tag: hydraulic fracturing
Essentially an end for Fracking in the U.K – No plans to review gas fracking rules: British government
Chemical giant Ineos and fracking firm Cuadrilla earlier this week said current restrictions around seismic events at fracking sites could force the industry to close….
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,…
Only 10 of the 32 Fracking Companies secured positive cash flows for the quarter
Even though oil prices rose and oil and gas production boomed during the third quarter of
2018, the U.S. fracking sector continued its nine-year streak of cash losses.
A cross-section sample of 32 publicly traded fracking-focused companies spent nearly $1
billion more on drilling and related capital outlays during the quarter than they generated
oil and gas sales.
Colorado weighs new rules for oil, gas drilling near schools
Colorado oil and gas regulators are considering enlarging the mandatory buffer zone between new oil wells and school property. A proposal released by the state…
Fourth-quarter North America Hydraulic Fracturing Is Way Down
NYSE:LBRT – Liberty Oilfield Services Stock Outlook
Bank of America Corp DE grew its stake in shares of Liberty Oilfield Services
The U.S oil boom is now hitting the market / Justices to Decide Whether Rule of Capture Applies to Fracking
The U.S oil boom is now hitting the market, thanks to (frac) fracking, it has stunned global energy markets. The U.S. has already leapfrogged both…
Liberty Oilfield Slowdown in Colorado?
They’ve had a large number of frac pumps parked at the Henderson Yard , 3-4 fleets worth, for a whole month. That could drop the pump hours…
Liberty Oilfield Services – Second Quarter Of 2018 Results.
Liberty’s operations in the Permian continued to grow and thrive. Local sand volumes in the pipeline for several quarters now began to materialize in meaningful quantities during the second quarter and we see that trend continuing in the third quarter, driving down well costs for our customers. With significant new industry pumping capacity added to the Permian Basin during 2017 and 2018. While takeaway limitations have created temporary production challenges, we are pleased that the developing imbalances for frac services in the Permian have not yet impacted Liberty fleets. Read more
Calfrac revenue doubles as oil price rebound
On Tuesday, Calgary-based Calfrac Well Services Ltd. reported it more than doubled its first-quarter revenue compared with the same period last year and is reactivating equipment it parked over the past three years.
Meanwhile, both Calfrac and its crosstown rival, Trican Well Service Ltd., have been rehiring. Read more
U.S. Justice Department approved Schlumberger and Weatherford Joint Venture OneStim
The planned fracking joint venture between oilfield services giants Schlumberger and Weatherford International should soon come to fruition.
Weatherford revealed the U.S. Justice Department approved the North American JV, paving the way for the deal to close by the end of the year. Read more
Liberty Oilfield Services
Headquartered in Denver, Colorado, Liberty Oilfield Services is a premier hydraulic fracturing services company in Colorado & North Dakota and Texas. Highly experienced individuals, combined with the Liberty Quiet Fleet proprietary technology and robust inventory of state-of-the-art equipment, optimize production results at reduced costs for the valued clients. From the Permian Basin to the DJ Basin, Williston Basin and Powder River Basin, Liberty Oilfield Services provide customer-focused service in a flexible, safe and consistent manner.
Year-after-year, Liberty Oilfield Services consistently delivers one of the lowest turnover rates in the industry. Read more
Filter for fracking water can remove more than 90 percent of contaminants
A superhydrophilic filter produced at Rice University can remove more than 90 percent of contaminants from water used in hydraulic fracturing operations. A new filter…