http://www.worldoil.com WorldOil Subsea 7 awarded contract offshore UK https://www.worldoil.com/news/2018/8/3/subsea-7-awarded-contract-offshore-uk Subsea 7 announced the award of a contract by Nexen as part of the Buzzard Phase 2 Project, located approximately 55 km off the northeast coast of Scotland. URTeC 2018: Veteran expert says PRMS may be better reserves reporting method than SEC https://www.worldoil.com/news/2018/7/27/urtec-2018-veteran-expert-says-prms-may-be-better-reserves-reporting-method-than-sec After modernization of the SEC’s reserves reporting requirements in late 2008, many folks in the U.S. oil and gas industry would have expected that the SEC and PRMS (Petroleum Reserves Management System) systems would classify, characterize and estimate reserves in a broadly consistent way, save for some obvious differences, such as prices and costs used in evaluations and some potential interpretation issues. However, this has not necessarily been the case. Halliburton acquires Athlon Solutions Chemicals https://www.worldoil.com/news/2018/7/25/halliburton-acquires-athlon-solutions-chemicals Halliburton acquired Athlon Solutions, a provider of specialty water and process treatment chemicals and customized engineering solutions. Athlon will become part of the Halliburton Multi-Chem business line. Industry leaders voice thoughts on unconventional technology trends to full house at URTeC https://www.worldoil.com/conference-news/2018/7/24/industry-leaders-voice-thoughts-on-unconventional-technology-trends-to-full-house-at-urtec It didn’t take long on Monday for officials at the Unconventional Resources Technology Conference (URTeC) in Houston to realize that attendance at the event will far exceed their expectations, with some technical session rooms swamped beyond capacity. Unconventional resource teams are “all hands on deck” at URTeC 2018 https://www.worldoil.com/conference-news/2018/7/24/unconventional-resource-teams-are-all-hands-on-deck-at-urtec-2018 The adoption of new technologies for enhanced oil recovery (EOR), and its impact on America’s growing shale sector, was a primary topic of discussion during Monday’s plenary session at the Unconventional Resources Technology Conference (URTeC) in Houston, Texas. Analyst tells URTeC breakfast gathering to expect big U.S. production gains https://www.worldoil.com/news/2018/7/24/analyst-tells-urtec-breakfast-gathering-to-expect-big-us-production-gains Walking into one of three URTeC topical breakfast rooms on Tuesday morning, attendees had a fairly good sense of what the speaker was going to say, given that the topic was “Industry Poised for Growth or Prudence?” Industry leaders voice thoughts on unconventional technology trends to full house at URTeC https://www.worldoil.com/news/2018/7/24/industry-leaders-voice-thoughts-on-unconventional-technology-trends-to-full-house-at-urtec It didn’t take long on Monday for officials at the Unconventional Resources Technology Conference (URTeC) in Houston to realize that attendance at the event will far exceed their expectations, with some technical session rooms swamped beyond capacity. Hi-Crush acquires FB Industries for $60 million https://www.worldoil.com/news/2018/7/23/hi-crush-acquires-fb-industries-for-60-million Hi-Crush has entered into an agreement to acquire FB Industries, a manufacturer of silo-based frac sand management systems for $60 million. Reveal Energy Services enhances IMAGE Frac technology for complex pad operations https://www.worldoil.com/news/2018/7/23/reveal-energy-services-enhances-image-frac-technology-for-complex-pad-operations Reveal Energy is enhancing IMAGE Frac pressure-based fracture maps with a new platform that uses parallel processing with algorithms to determine fracture geometry for large, complex pad operations in multiple zones. Halliburton tumbles as fracing giant sees second-half slowdown https://www.worldoil.com/news/2018/7/23/halliburton-tumbles-as-fracing-giant-sees-second-half-slowdown Halliburton plunged the most in almost three years after warning that second-half profits will suffer on a slowdown in the Permian shale and other parts of the U.S.