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.

    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.

    Meeting global demands

    Sep 18, 2013

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

    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.

    Patterson-UTI updates on stock repurchase authorization

    Sep 10, 2013

    Patterson-UTI Energy Inc. reports that, during the third quarter of 2013, the company repurchased 2,556,504 shares of its common stock at an average price of $19.90 per share.

    Acteon completes Probe Oil Tools acquisition

    Sep 10, 2013

    Acteon today has completed the acquisition of Great Yarmouth, UK-based Probe Oil Tools Ltd.

    Fagen acquires Pennsylvania site to better serve clients

    Sep 6, 2013

    Fagen Inc. is set to take possession of a multi-acre site in Houston, Pennsylvania, to provide equipment storage, tool storage and materials management for current and future projects in the buildout of the Utica/Appalachian Basin and Marcellus fields.

    Oil States sells tubular services business for $600M

    Sep 6, 2013

    Oilfield services company Oil States International Inc. (NYSE:OIS) has sold Sooner Inc. and its subsidiaries to Marubeni-Itochu Tubulars America Inc. for $600 million in aggregate cash consideration.

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    Carnarvon to explore two permits in Barrow sub-basin

    Jun 5, 2014

    Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

    Report predicts surge in world subsea expenditure

    Jun 5, 2014

    Global subsea hardware capex could total $117 billion between 2014 and 2018, according to Douglas-Westwood’s latest market forecast.

    Hitachi Solutions Canada to unveil JV solution for oil and gas industry

    Jun 4, 2014

    Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

    Primoris wins underground contract work valued at over $10 M

    Jun 2, 2014

    Primoris Services Corp. has received a new contract award from a midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment.


    Alpha Crude Connector to conduct open season

    Jun 2, 2014 Alpha Crude Connector LLC intends to conduct an open season for the Alpha Crude Connector pipeline, a new FERC-regulated crude oil transportation pipeline to be located in Lea and Eddy counties in ...

    MicroSeismic names Foster as president and CEO

    May 30, 2014

    MicroSeismic Inc. has appointed Jeff Foster as the company’s president and CEO. Founder of the company and past CEO, Peter M. Duncan, will continue with MicroSeismic as co-chairman.

    KMP to expand carbon-dioxide infrastructure

    May 8, 2014

    Kinder Morgan Energy Partners LP is set to invest $671 million to grow its carbon-dioxide infrastructure in southwestern Colorado and New Mexico.

    TPC Group expands polyisobutylene capacity

    May 1, 2014

    TPC Group, a provider of C4 based products and services, has achieved a milestone in its comprehensive expansion program to increase polyisobutylene capacity.

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