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Latest Oilfield Services News

Fortis Energy expands well services to Rocky Mountain region of North Dakota

Dec 9, 2013

Fortis Energy Services Inc. has expanded its area of operations to include the Williston Basin of North Dakota.

OFS Energy Fund invests growth equity in Davis Chemical Services

Nov 22, 2013

OFS Energy Fund (OFS) has invested convertible preferred growth equity in Davis Chemical Services LLC (DCS) to strengthen DCS’s balance sheet as it expands its service offerings into electric wireline services.

SCF Partners invests in Oil Patch Group

Nov 21, 2013

SCF Partners has made an investment in Houston-based Oil Patch Group Inc.

Rowan provides fleet contract status update

Oct 26, 2013

Rowan Companies plc has issued its monthly fleet status report, updated as of Oct. 24. 

Schlumberger releases new HD imaging-while-drilling service

Sep 30, 2013

Schlumberger has released the MicroScope* HD high-definition imaging-while-drilling service. The MicroScope HD service provides logging-while-drilling (LWD) imaging for reservoir description to enable detailed fracture characterization and completion optimization in conductive drilling fluids for all well types, including horizontal and highly deviated wells.

Boren named VP at Bosque Systems

Sep 24, 2013

Rebounding from bankruptcy

Sep 18, 2013

Express Energy Services emerged from Chapter 11 reorganization in 2010 stronger than ever and with a different mindset thanks to its new CEO, Darron Anderson.

Meeting global demands

Sep 18, 2013

Increasing production from existing fields through EOR crucial to satisfying the world's energy needs

Gordon Brothers Group forms GB Energy Partners

Sep 11, 2013

Gordon Brothers Group, a global advisory, restructuring and investment firm, has acquired Appraisal Systems Inc., an appraisal firm focusing on oil and gas-related machinery and equipment valuations. The acquisition of this Texas-based company has led to the formation of GB Energy Partners.

Tenaris to build new US seamless pipe mill in Texas

Sep 10, 2013

Tenaris has broken ground on its first US seamless pipe mill, which will be constructed near Bay City, Matagorda County, Texas.

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INTERNATIONAL UPSTREAM

Total discovers oil in deep water offshore Ivory Coast

Apr 17, 2014

The Total-operated Saphir-1XB exploration well on Block CI-514 has proved the presence of liquid hydrocarbons in the deep offshore west of the Ivory Coast.

CIT appoints Friant as managing director

Apr 15, 2014

CIT Group Inc., a provider of financing and advisory services to small businesses and middle market companies, has appointed Todd Friant managing director of CIT Corporate Finance, Energy.

Total to develop ultra-deep Kaombo project in Angola

Apr 15, 2014

Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo will develop estimated reserves of 650 million barrels.

Stabilis Energy to purchase Encana’s domestic LNG business

Apr 15, 2014

Stabilis Energy has signed a definitive agreement to purchase substantially all of the US-based assets of Encana Natural Gas Inc., a subsidiary of Encana Corp.

NORTH AMERICA UPSTREAM

UMED Holdings receives US patent for mobile GTL technology

Mar 26, 2014 UMED Holdings Inc., through its wholly owned subsidiary Greenway Innovative Energy Inc., reports that the US Patent and Trademark Office has issued US Patent 8,574,501 covering the company’s mobile...

CGG and Baker Hughes sign RoqSCAN agreement

Mar 26, 2014

CGG has signed an exclusive agreement with Baker Hughes Inc. for CGG’s RoqSCAN technology as part of their shale science alliance.

Baker Hughes introduces extended-reach coiled tubing services

Mar 25, 2014 Baker Hughes has commercially released its EasyReach extended-reach coiled tubing (CT) service. The company developed the service in response to the growing number of long horizontal wells and the ...

Black Bison acquires salt water disposal property in WY

Mar 20, 2014 Black Bison Water Services LLC,  a provider of services for the disposal of flowback and produced water generated from oil and gas-producing wells, has closed its acquisition of a salt water d...

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