Service & Supply

Halliburton Profit Beats On International Demand, North America Lags

Houston-based Halliburton said revenue from North America fell about 2% to $3.3 billion from a year earlier and dropped 11% from the third quarter.

Jan 22 2019 - 8:23am

Energy Executives Expect To Boost Spending This Year

A survey by DNV GL also indicated that more energy companies were preparing for a long-term shift to cleaner energy sources.

Jan 22 2019 - 7:50am

Schlumberger Sees International Growth Ahead

The head of the world’s largest oilfield service company believes market conditions will improve this year after a rough start.

Jan 18 2019 - 11:50am

Schlumberger Revenue Beats, Sees International Growth In 2019

Schlumberger, a bellwether for the oilfield services sector, said recent volatility in crude prices has led to more uncertainty in the spending outlook for oil and gas producers.

Jan 18 2019 - 8:17am

Permian Basin Operators Look to Standardize Techniques, Measures

A Permian standard is emerging after experimentation during a decade of drilling the basin’s multiple unconventional shales has found diminishing returns, says CEO of reserve evaluation firm Haas Engineering.

Jan 15 2019 - 7:30am

Halliburton Taps Mark Richard To Replace Jim Brown As Western Hemisphere President

Mark Richard has been promoted as Halliburton’s new president of the Western Hemisphere, replacing Jim Brown who is leaving after more than 20 years with the oilfield services company.

Jan 14 2019 - 8:35am

Trade War Cuts US LNG Exports To China In 2018

The number of U.S. LNG vessels that went to China in 2018 fell by around 20% from the prior year as the trade war between Beijing and Washington heated up.

Jan 10 2019 - 10:08am

Post Oak Backs Houston-Based Downhole Tools Provider With $50 Million Commitment

Post Oak Energy Capital led a $50 million equity commitment to Prime Downhole Holdings, a Houston-based downhole tools provider formed by CEO Leif Syversenn.

Jan 9 2019 - 2:15pm

US Energy Investors Eye Cheap Takeovers As Oil Prices Sink

Sinking oil prices are turning distressed U.S. energy companies, such as Gastar Exploration, Parker Drilling and Waypoint Leasing, into takeover targets for opportunistic private investors.

Jan 9 2019 - 7:50am

Canyon Capital Advisors Warns It Will Oppose Rowan Sale To Ensco

Canyon Capital Advisors has warned it would vote against the sale of Rowan to rival Ensco, casting doubt on a combination that had signaled optimism about the future of offshore exploration.

Jan 7 2019 - 2:35pm