Service & Supply

Pressure Cooker: Keane Group’s $285 Million Deal Adds Permian, Bakken Horsepower

Amid industry consolidation, Colorado’s RockPile Energy Services will augment Keane’s services primarily in the Permian Basin and the Bakken.

May 19 2017 - 1:42pm

Halliburton’s Incoming CEO Sees Significant Price Hike

Halliburton executives have been in talks with customers for months about raising rates for its services.

May 18 2017 - 3:49pm

Houston-Based Solaris Oilfield Infrastructure Prices IPO

Solaris Oilfield Infrastructure, a manufacturer of proppant management systems deployed in U.S. shale plays, said it expects up to about $127.9 million of net proceeds from the IPO.

May 16 2017 - 2:45pm

EIA: Higher US Crude Output Should Pressure Oil Prices

Higher crude output from the U.S. should pressure global oil prices through the end of 2018, the U.S. Energy Information Administration (EIA) said May 9, ahead of OPEC's meeting later this month.

May 9 2017 - 2:10pm

Rubicon Acquires Emerging Oilfield Tech Company

Rubicon said it expects the acquisition of Choice Completions will strengthen its well construction portfolio and completions solutions business segment.

May 9 2017 - 8:35am

Flotek Divests Drilling Tech Segment To NOV

Flotek's drilling tech division has been a foundation for the company for more than a decade, said CEO John Chisholm, adding that the decision for the divestiture is in-line with ongoing initiatives.

May 4 2017 - 9:00am

Oilfield Automation: How E&Ps Stay Profitable At Stagnant Oil Prices

Whether ‘lower for longer,’ ‘lower forever’ or the ‘new normal,’ oil prices in the $50 range require E&Ps to rethink how to do business.

Apr 26 2017 - 11:14am

Baker Hughes Revenue Falls On Lower Offshore Spending

Quarterly revenue fell to $2.26 billion in the first quarter ended March 31 from $2.67 billion. Analysts’ on average had expected revenue of $2.27 billion, according to Thomson Reuters I/B/E/S.

Apr 25 2017 - 9:00am

Trump To Sign New Executive Orders On Environment, Energy

Trump this week will sign new executive orders, including two on energy and the environment, which would make it easier for the U.S. to develop energy on and offshore, a White House official said April 23.

Apr 24 2017 - 7:55am

Halliburton Reports Smaller Quarterly Loss

Net loss attributable to Halliburton narrowed to $32 million, or 4 cents per share, in the first quarter ended March 31, from $2.41 billion, or $2.81 per share, a year earlier.

Apr 24 2017 - 7:25am