Acquisitions & Divestitures - Service & Supply


Patterson Tubular Appoints Stewart As Channelview Director Of Operations

Vince Stewart became director of operations at the Channelview, Texas, facility, directing operational, safety and sales efforts. Stewart first joined the Patterson companies in 1981. 

Thu, 05/21/2015 - 15:47

Oilfield Service Deals Stagnate For Want Of Buyers

Potential buyers have had to cut employees, and so far few companies are going out of their way to aggressively buy frack fleets or other equipment.

Wed, 05/20/2015 - 09:58

Service Companies Might Turn To Mergers In Second-Half 2015

Services companies have taken the hardest hit in industry from the oil price drop, Bloomberg said. Companies with weaker balance sheets might need to consider mergers to survive.  

Fri, 05/15/2015 - 12:19

OTC 2015: Guarded Optimism Ahoy!

Manufacturing and engineering firms see the first green shoots of activity improvement as the industry retools for the future. 

Wed, 05/06/2015 - 12:10

Oil States Details Executive Changes

Charles Moses will retire July 1 as president of Oil States International Inc.'s offshore products segment, Oil States Industries. Scott Moses will be appointed president July 1. He is currently senior vice president of operations.

Tue, 05/05/2015 - 12:01

Does Refracking Add Value Or Bore Into Wishing Wells?

Service companies that provide refracturing say the technique can add life to shale plays, but an analyst says reopening Eagle Ford wells add value about half the time. 

Tue, 05/05/2015 - 11:29

An OFS Makeover

What the U.S. and international oilfield-services industry will look like on the other side of this cycle may be significantly altered from the past.

Fri, 05/01/2015 - 10:25

Goldman Joins Select Sands’ Board Of Directors

Vancouver, British Columbia-based Select Sands Corp.’s Arkansas Sandtown property, underlain by Ordovician St. Peter sandstone, supplies 'Ottawa White' Tier-1 frack sand/industrial silica sand to U.S. oil and natural gas basins.

Thu, 04/30/2015 - 15:36

Polyflow Appoints Morrissey Senior VP Of Sales, Marketing

David Morrissey will lead the spoolable reinforced thermoplastic pipe company’s sales team in the Permian Basin. He has more than 30 years’ experience in sales and operations.

Mon, 04/27/2015 - 10:49

Weatherford Plans More Layoffs

Bernard J. Duroc-Danner, chairman of board, president and CEO, said the goal to reduce headcount by 18% this year will leave 39,000 employees in core businesses and 6,000 on rigs.

Thu, 04/23/2015 - 14:46

Valve Maker Circor Buys German Firm Amid Gloomy Outlook

Setbacks in oil and gas capital spending have hurt Circor but purchase of private firm Schroedahl should be accretive, analyst says.

Darren Barbee
Wed, 04/22/2015 - 16:52

Halliburton Selling $3.5 Billion In Revenue Makers As Peers Lay Off More

Baker Hughes and Schlumberger also made announcements that they will cut nearly 15,000 jobs on top of already announced layoffs.

Darren Barbee
Wed, 04/22/2015 - 13:16