Drillers put rigs in U.S. oil fields back to work for the first time since December, driving down crude futures on speculation that an unprecedented retreat from the country’s prolific shale formations is ending.
The Freudenberg Oil & Gas Technologies group has acquired the business of Canada's BlueSky Process Solutions Ltd., effective Jun. 30.
Statoil has decided to suspend Scarabeo 5 due to overcapacity in its rig portfolio, the company announced Wednesday.
Applus+ has been awarded a trio of contracts worth $17.35 million (AUS$22.5 million) for work on the Ichthys LNG Project’s onshore LNG facilities.
Cenovus Energy has reached an agreement to sell Heritage Royalty Limited Partnership (HRP) for gross cash proceeds of approximately $3.3 billion.
Sonomatic has signed a definitive agreement to acquire the Tube Inspection Division of Archipax. The acquisition is expected to broaden the range of capabilities and services available to Sonomatic’s current and future clients.
Logan Industries, based in Hempstead Texas, has recently been awarded with an order for a Compensated Coiled Tubing Lift Frame (CCTLF) for Maersk Drilling. The CCTLF system will be designed and built in-house and is expected to be delivered to Maersk in Q2 2016.
TAM International, an independent oilfield services company providing inflatable and swellable packers, has introduced a new V0-rated cementing port collar to complement their extensive cement integrity product line.
Reducing expenditure while continuing to improve safety and reduce risk is a key driver for the oil and gas industry, especially in today’s cost constrained environment.
WPX Energy plans to increase its activity in the Williston basin during the second half of 2015 by resuming completions and increasing its rig count from one to three before year-end.
The main theme of ONS 2016 has been decided. Transition will set the scene for the conference when the world’s energy industry gets together for ONS 2016.
Coretrax has strengthened its position in the Middle East by opening an office in Abu Dhabi, its fourth base in the region.
Tendeka has secured a contract with an international oil and gas company for the installation of sand face completion technology in Austria.
Aker Solutions and Baker Hughes have agreed to cooperate on early-phase studies to help customers improve the overall economics and value of oil and gas field developments.
The debt that fueled the U.S. shale boom now threatens to be its undoing.
Weatherford International has announced the commercial release of the IntegraLine liner system with swage technology at the International Association of Drilling Contractors (IADC) World Drilling 2015 Conference and Exhibition.
HOUSTON -- CARBO Ceramics Inc. has announced the successful application of two of its innovative proppant technologies, KRYPTOSPHERE HD and SCALEGUARD, for a major E&P operator in the Gulf of Mexico's Lower Tertiary trend, marking the largest and deepest job for these proprietary technologies to date.
HOUSTON -- Halliburton’s Completion Tools business line, a long-standing industry leader in total composite plug technology, has introduced the Illusion frac plug, the only fully dissolvable frac plug on the market.
Cuadrilla Resources Ltd., the driller whose fracing ambitions have sparked protests in the UK, took a step closer to sinking a shale-gas well in northwest England as council planners backed the project.
Statoil, on behalf of the Johan Sverdrup license, has awarded two contracts, at a total value of more than NOK 4.35 billion, to Odfjell Drilling for drilling wells on Johan Sverdrup field.