Compared to other slowdowns in the Oilfield, Workers today will have a much harder time. Today’s Laid off oilfield workers will need to compete against…
Tag: TEXAS
Exxon Goes All-In On The Permian
ExxonMobil and Plains All American gave the greenlight to another major pipeline in the Permian basin, which would move 1 million barrels per day (mb/d)…
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…
Feds Discover Largest Oil, Natural-Gas Reserve in History
U.S. Is Now A Net Oil Exporter After 75 Years
The U.S. has become the world’s top fuel supplier. 📰
Fracking And Methane in North Texas Groundwater?
Water wells with high levels of methane can be at risk of exploding, but researchers who looked at the issue in the Dallas-Fort Worth area…
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
Companies in West Texas oil patch need frac workers
“I don’t know where they went,” Watkins said. “Finding fracking truck drivers is now extremely hard.” Halliburton has hired hundreds of workers in West Texas…