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U.S. Well Services, EQT Finalize Long-Term Electric Frac Contract

2020-04-09 15:24:03| OGI

U.S. Well Services Inc. has executed a long-term contract on April 8 to provide electric hydraulic fracturing services for EQT Corp. using its next-generation Clean Fleet technology.

Tags: services contract electric finalize

 

Frac Spread: NGL Prices Rise, but Outlook Joyless

2020-04-02 18:00:00| OGI

The gloomy forecast will falter if COVID-19 passes quickly and the global economy recovers its appetite for hydrocarbons.

Tags: prices rise spread outlook

 
 

Frac Spread: Shale Shares Misery Down Value Chain

2020-03-26 16:48:32| OGI

NGL price collapse deprives oil and gas producers who leaned on associated liquids when crude struggled.

Tags: chain spread shares misery

 

U.S. Silica to Idle Northern White Frac Sand Mine

2020-03-25 14:23:38| OGI

U.S. Silica Holdings Inc. on March 24 revealed annualized SG&A cost reductions of approximately $20 million in response to the recent drop in oil prices and the expected decline in drilling and completion activity in North American shale over the coming quarters.

Tags: white northern mine sand

 

Frac Spread: Worst Week Ever For NGL Prices

2020-03-19 16:41:21| OGI

Aftershocks of Market Meltdown Monday continue, with collapsing oil prices dragging down NGL and complicating export markets.

Tags: week prices spread worst

 

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