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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

Baker Hughes and Aker Solutions form subsea production alliance

Apr 22, 2014

Baker Hughes Inc. and Aker Solutions ASA have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates, and reduce costs for subsea fields.

Trendsetter promotes Downing to president

Apr 21, 2014

Trendsetter Engineering Inc. has promoted Ron Downing to the position of president.  Downing assumes this responsibility from Mario Lugo who remains chairman and CEO.

Shale participation on the rise

Apr 21, 2014

More than half of oilfield services companies and 40% of upstream companies expect shale oil and gas plays to provide the majority of their revenues in 2014, according to a global industry survey by UHY LLP Certified Public Accountants and Oil & Gas Financial Journal. This is an increase of about 15% from 2013 levels in the number of oilfield services and upstream companies for which shale is the source of a majority of revenues.

Shell reports Malaysia deepwater gas discovery

Apr 18, 2014

Shell has announced an exploration discovery offshore Malaysia. The successful Rosmari-1 well is located 135 kilometers offshore in Block SK318, and was drilled to a total depth of 2,123 meters.

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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