Acquisitions & Divestitures - Service & Supply


Major Service Company Layoffs Hit 17,000; E&P Capex Tumbles

E&Ps are also cutting their workforce, while sand suppliers see reduced demand.

Fri, 01/23/2015 - 12:17

Sanchez, Halcón Latest E&Ps To Tamp Down Capex

Halcón’s budget will fall 60% from 2014 levels while Sanchez reduces rigs.

Fri, 01/09/2015 - 11:27

Purestream Services Receives Funding From Swire To Broaden Oilfield Water Treatment, Management Offerings

Purestream is a water services company formed in 2010 with a focus on designing and building water treatment systems to treat produced and frack flow-back water for discharge and re-use in the oil and shale gas industry.

Wed, 01/07/2015 - 09:18

Rock Hill Capital Announces Investment In JP Services

Debt financing and legal representation for the transaction was provided by Comerica Bank and Winston & Strawn, respectively.

Tue, 01/06/2015 - 08:53

The Journey To Designer Wells

Every well drilled should make the next well better. Here’s how prescriptive analytics software is helping operators accomplish this goal.

Mon, 01/05/2015 - 10:01

Tesco Appoints Fernando Assing As President, CEO

Quintana will remain an employee of the company until his retirement date and will remain on the board through his current term.

Emily Moser
Fri, 12/19/2014 - 11:57

LNG Export Leader Cheniere Is Out Front, Upfront

Company touts transparency in dealings with customers as key element of business strategy.

Tue, 12/02/2014 - 15:15

Lights Flicker On C&J’s $2.9 Billion Merger As Court Demands More Bids

If the deal is terminated, C&J could owe Nabors Industries $17-$65 million in fees.

Darren Barbee
Tue, 11/25/2014 - 10:05

Oil And Gas Already Feeling Pressure From Reduced Water Resources

Companies should start thinking about the resource as a way to fuel long-term growth, says Deloitte’s Sarni.

Thu, 11/20/2014 - 09:39

GE Oil & Gas Invests $60 Million In Texas Iron Foundry

The iron casting foundry provides beam pumping units and power transmission equipment for oil and gas and power transmission production.

Tue, 11/11/2014 - 11:10

Apollo Buys Houston-Based Oilfield Services Company

Express Energy Services offers oilfield services in every major hydrocarbon basin in the U.S.

Emily Moser
Fri, 10/24/2014 - 15:02

Clearlake Capital, Industry Vet Form Water Services Company

Mission WEST provides tailored, complete and long-term oilfield water management solutions to customers in North America.

Emily Moser
Fri, 10/24/2014 - 07:30