Products & Technology

January 16, 2018

Energy investment team puts major stake in shale drill bit maker

BY Luke GeiverIntervale Capital, a specialized energy investment firm, has taken note of increased drilling intensity, longer laterals and higher stage counts throughout most of North America's shale plays. READ MORE

January 09, 2018

Shale play service provider set to issue IPO

BY Luke GeiverNine Energy Service Inc. is going public roughly four years after forming. The Houston-based company announced its intent to list on the New York Stock Exchange with an initial offering price between $20 and $23 per share. READ MORE

January 09, 2018

Paper: Northeast could be second U.S. petrochemical hub

BY Staff The Marcellus and Utica shale plays are unique in that they produce a large volume of ethane and propane. A new white paper says this could provide the U.S.. with a second petrochemical hub in addition to the Gulf Coast. READ MORE

January 09, 2018

Engineers generate energy from fossil fuels with no CO2 emissions

BY Patrick C. MillerA technology under development at Ohio State University can produce energy and other useful products from fossil fuels while eliminating CO2 emissions. Known as chemical looping, the process can also use shale gas to make plastics and carbon fibers. READ MORE

January 09, 2018

Weatherford sells some assets to Schlumberger for $430 million

BY Patrick C. MillerWeatherford is selling some of its U.S. assets to Schlumberger for $430 million. This transaction replaces the OneStim joint venture between the two companies announced last year. Weatherford plans to use proceeds from the sale to reduce debt. READ MORE

January 02, 2018

Permian Basin will drive record U.S. production in 2018

BY Patrick C. Miller London-based research firm IHS Markit says the Permian Basin is a "global disrupter" because of its impact on the world’s crude markets. The basin will set a new record in 2017 and is expected to drive U.S. production to record levels in 2018. READ MORE

January 02, 2018

DiverterSCAN technology provides timely fracking information

BY Patrick C. Miller DiverterSCAN technology from Reveal Energy Services provides operators with the ability to improve fracking efficiency by stimulating multiple perforation clusters. What once took 90 days to determine can now be accomplished in near-real time. READ MORE

January 02, 2018

New shale firm vows to enhance flowback, early production

BY Luke GeiverAfter two years working together, DynaCorp Energy Services and Energes Oilfield Solutions LLC have merged to form a single sand solutions operations for the oil and gas industry. READ MORE

December 21, 2017

Anadarko partners with energy data firm

BY RS Energy Group RS Energy Group and Anadarko Petroleum Corp. have formed a collaborative partnership to integrate proprietary RSEG intelligence and analytics with Anadarko's internal data. READ MORE