Acquisitions & Divestitures - Service & Supply


OFS Energy Fund Partners With Houston's Pro Oilfield Services

Proceeds will fund the company’s expansion into frack stack rental and related flow control services.

Emily Moser
Tue, 10/21/2014 - 11:46

VIDEO: Proppant Economics: Does More Proppant Help, Or Hinder?

Mon, 10/20/2014 - 12:22

The term "enhanced completions" has become the latest industry buzz phrase as operators seek to increase IPs or extend EURs and capture more resource out of tight formation liquids. More than 40% of horizontal wells in tight oil plays such as the Eagle Ford Shale involve some form of enhanced completion. The most common manifestation of enhanced completion is found in significant increases in prop pant volume, usually involving natural sand. Dr. James Crafton, Founder, Performance Sciences, Inc., discusses the rise in prop pant volumes in horizontal wells and how treatment strategies influence net present value (NPV) versus estimated ultimate recovery (EUR), including the growing use of 100-mesh sand. 


Halliburton's Profit Surges 70% In Third Quarter

The Houston-based company's third-quarter results exceeded analysts’ estimates.

Emily Moser
Mon, 10/20/2014 - 08:36

Baker Hughes’ Policy Discloses Frack Chemicals

In March, the company said it would disclose full lists of all products and chemicals used in hydraulic fracturing.

Thu, 10/02/2014 - 09:46

Land Rigs Enter Build Cycle

Revised tools and fracture stimulation techniques are improving completions 'as drilling rigs generate more wells per year while the completion process cycles more stages per year.'

Wed, 10/01/2014 - 08:30

Increased Sand Use Drove Down Carbo Ceramic’s Proppant Volume

Houston-based Carbo Ceramics said its third-quarter sales of ceramic proppant will match first-quarter levels after an 18% drop from the prior quarter, according to Bloomberg.

Mon, 09/22/2014 - 09:27

Siemens Prepares Dresser-Rand Bid

Although Sulzer AG has a 'competing plan,' Siemens AG has eyed Dresser-Rand for 'at least three years,' Bloomberg said.

Fri, 09/19/2014 - 11:27

STW Resources Will Buy Permian Basin Service Company

STW Resources Holding Corp. planned to acquire Black Pearl Energy LLC for about $2 million.

Fri, 09/12/2014 - 11:07

Oilfield Services Intensify

Pressure builds for service and supply companies as customers demand more, faster, better technology—at lower cost.

Leslie Haines
Tue, 09/02/2014 - 10:06

Building A Case For Seismic

As unconventional fields mature and as seismic resolution improves, the technology is becoming critical to success.

Thu, 08/28/2014 - 09:00

Schlumberger Introduces Shale-Specific Workflow System

Geoscientists can integrate geological, geophysical and production data, the company said.

Wed, 08/27/2014 - 11:17

Baker Hughes Launches Products For Shale Development

At the Unconventional Resources Technology Conference in Denver, Baker Hughes unveiled shale reservoir development products.

Tue, 08/26/2014 - 11:33