Acquisitions & Divestitures - Service & Supply

Free

EIV Capital Forms CAM Integrated Solutions, Provides $40 Million In Equity

Craig Pierrotti, CAM’s CEO, was executive vice president for CH2M’s oil, gas and chemicals. Mitch Stamper was a facilities engineering manager for East Texas and North Louisiana at Anadarko Petroleum. 

Erin Pedigo
Wed, 02/10/2016 - 14:47
Free

Fountain Quail Water Management Receives $40 Million In Equity

Produced and flowback water is treated and recycled with proprietary systems, which are designed to cut water-specific operating costs by eliminating wastewater transportation and disposal and freshwater sourcing and transportation.

Erin Pedigo
Wed, 02/10/2016 - 10:10
Free

Gallagher Becomes President, CEO Of AGC

David G. Gallagher said that trademarked Gilsonite is a naturally occurring asphaltite that binds and strengthens as an additive for drilling fluids and cementing.

Erin Pedigo
Tue, 02/09/2016 - 16:07
Free

Rockdale Diversifies With Service Company Acquisition

Askarri, based in Houston, has been dormant for the last few years, the release said. However, the company is said to have history with major oil companies, providing services to both onshore and offshore oil and gas producers.

Emily Moser
Tue, 02/09/2016 - 07:40
Free

Stude Joins Citadel Advisory Group As VP Business Development

John Stude was vice president of business development for North America services at Superior Energy Services. Prior to its acquisition by Superior, Stude was vice president of corporate development for Complete Production Services.

Erin Pedigo
Fri, 02/05/2016 - 14:30
Free

EU Clears Acquisition Of Cameron By Schlumberger

"The proposed acquisition would raise no competition concerns, given the very limited overlaps between the companies' activities and the modest increment in market shares brought about by the transaction," the European Commission said.

Emily Moser
Fri, 02/05/2016 - 07:34
Free

Oilfield Service Companies Buy Now To Live Another Day

Pressure pumpers are seeing bids cluster, a signal that concessions for E&Ps may have bottomed and that some oilfield service companies may start to fall by the wayside.

Darren Barbee
Thu, 02/04/2016 - 15:00
Free

NOV Posts Fourth-Quarter Loss On $1.63 Billion Charge

National Oilwell said the charge it recorded in the quarter included inventory write-downs, severance and facility closure costs.

Emily Moser
Wed, 02/03/2016 - 07:40
Non-free

Oil And Water

Leading operators are developing best practices for water management on a technical, economic and operating license level to meet public concerns.

Mon, 02/01/2016 - 08:40
Free

Baker Hughes Posts Quarterly Loss, Expects Rig Count To Fall

Baker Hughes also said it expected global rig count to decline by as much as 30% in 2016, as the slump in oil prices shows no signs of abating.

Emily Moser
Thu, 01/28/2016 - 07:43
Free

Further Price Cuts Are Difficult For Oilfield Service Companies

Barclay’s oil market analyst Michael Cohen said the issue of which cost deflation was structural and which was cyclical is the key. Cyclical deflation will drive the price, he said, Reuters reported.

Erin Pedigo
Wed, 01/27/2016 - 16:16
Free

Texas Supreme Court Schedules Oral Arguments In Southwest Royalties Case

On Aug. 13, 2014, Texas Court of Appeals, Third District, upheld Travis County Judge John Dietz’s reversal in a written judgment. Originally in 2012, Dietz agreed with exempting equipment under tax code.

Erin Pedigo
Tue, 01/26/2016 - 11:38

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