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Lundin Scales Back Ambitions For Arctic Oilfield Development

2020-01-13 14:45:10| OGI

The Swedish company said on Jan. 13 it had cut its resources estimate for the Alta oil discovery in the Barents Sea and no longer saw Alta and the nearby Gohta find as commercially viable for joint field development.

Tags: back development arctic ambitions

 

Three Years After $1 Billion Venezuela Deal, US Oilfield Firm Shuts Doors

2020-01-13 11:10:00| OGI

Horizontal Well Drillers LLC, a closely held U.S. driller, has shut its doors, according to three people familiar with the matter.

Tags: years deal firm venezuela

 
 

Oilfield Services Firm NexTier Raises Earnings, Revenue Outlook

2020-01-08 14:45:42| OGI

NexTier Oilfield Solutions on Jan. 7 raised its fourth quarter earnings and revenue guidance, according to a presentation at a Miami energy conference.

Tags: services firm revenue outlook

 

SitePro Rolls Out Mobile App To Remotely Control Oilfield Water Systems

2020-01-07 15:01:56| OGI

SitePro Inc. revealed Jan. 6, the release of its mobile app, SitePro Mobile, which gives operators greater visibility and control over their entire fluid management system.

Tags: control systems mobile water

 

Oilfield Water Logistics Doubles Footprint In Delaware Basin

2020-01-06 18:42:04| OGI

Oilfield Water Logistics (OWL), a leading provider of produced water infrastructure solutions in the Permian and Powder River Basins, on Jan. 6 acquired a portfolio of operating assets in New Mexico (the System) from a major Permian Basin oil producer (the Seller), including 23 saltwater disposal wells and 300 miles of water gathering pipelines.

Tags: water delaware logistics basin

 

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