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NexTier, National Oilwell Varco Partner on Electric Frac System Field Test

2020-11-18 17:25:24| OGI

NexTier Oilfield Solutions Inc. and National Oilwell Varco Inc. have entered into an agreement on Nov. 18 to collaboratively field test NOVs electric fracturing system known as the Ideal eFrac fleet.

Tags: system national test field

 

Liberty Oilfield Posts Quarterly Loss; Forecasts Frac Fleet Growth

2020-10-27 23:00:00| OGI

Liberty Oilfield Services reported a smaller-than-expected quarterly loss on Oct. 27 and forecast sequential growth in active frac fleets, as producers restore oil volumes, driven by an uptick in prices.

Tags: posts loss growth quarterly

 
 

Analysts See Frac Crew, Activity Growth Ahead for US Shale Sector

2020-08-26 23:50:00| OGI

Most of the growth over the next year or so is expected to come from the Permian Basin and Eagle Ford Shale along with notable growth this year from some gas plays, analysts say.

Tags: activity growth sector ahead

 

E&P Tech Trends: New Weatherford Wellhead System; High-speed, Multiwell, Zipper Frac Completions; More

2020-08-24 15:00:00| OGI

Check out the latest products and services for the upstream oil and gas industry including th new Velox wellhead system by Weatherford for operators needing to lock in pressure integrity while enhancing safety and improving efficiency.

Tags: more system tech trends

 

Hi-Crush Becomes Latest Frac Sand Supplier to Enter Bankruptcy

2020-07-13 23:30:00| OGI

Houston-based Hi-Crush entered into a restructuring support agreement with certain noteholders for a prearranged plan, which, if implemented, will result in the elimination of approximately $450 million of unsecured note debt.

Tags: enter latest sand supplier

 

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