Shale
News
November 04, 2022
Unemployment in the U.S. oil industry plummeted to one of the lowest levels on record at 0.8% for October as shale operators scramble for workers to keep production flowing.
News
October 28, 2022
As big banks pull back on lending to oil and gas drillers, some U.S. energy companies are relying on a novel kind of bond to get the financing they need.
News
October 26, 2022
UK Prime Minister Rishi Sunak will restore a ban on shale gas fracing, rowing back a controversial short-lived plan by his predecessor Liz Truss on his first full day in the top job.
News
GD Energy Products to provide 3000-hp pumps to U.S. Well Services for electric fracturing operations
October 26, 2022
GD Energy Products has partnered with U.S. Well Services to supply 3,000 horsepower pumps for their Nyx Clean Fleet. Each custom-designed pump is powered by an electric drive motor to create an environmentally sustainable frac unit.
News
October 25, 2022
Natural gas prices in West Texas dipped below zero for the first time since 2020 as booming production overwhelms pipeline networks, trapping supplies in the region.
News
October 25, 2022
Halliburton Co. surpassed profit expectations amid a tight market for oilfield supplies as the world’s biggest provider of frac services gears up for increasing activity around the world.
News
October 19, 2022
Prime Minister Liz Truss’s government issued a stark warning to Conservative MPs not to back an opposition motion on fracing, as party managers struggle to control mutinous lawmakers.
News
October 17, 2022
Billionaire wildcatter Harold Hamm boosted his offer for the Continental Resources Inc. stock his family doesn’t already own to $4.3 billion as he seeks “freedom to invest” and buck the disciplined-spending mantra adopted by rival shale drillers.
News
October 14, 2022
Don’t expect U.S. shale producers to ride to the rescue as the world clamors for more oil, according to Energy Aspects.
News
October 12, 2022
Diamondback Energy Inc. agreed to buy closely held FireBird Energy LLC in a cash-and-stock deal valued at about $1.6 billion, enabling the U.S. shale oil producer to grow in the Permian Basin.
News
October 07, 2022
The job market in the U.S. shale patch is showing further tightness as drillers struggle to find enough workers to meet output targets this year, according to a Labor Department report released Friday.
News
October 06, 2022
OPEC+’s decision to lower its oil-production cap may set the stage for higher prices that would enable U.S. explorers to expand drilling, according to shale entrepreneur Matt Gallagher.
Whitepaper
Direct-Drive Turbine Technology Powers Eco-Conscious Hydraulic Fracturing
October 05, 2022
Catalyst Energy Services
News
September 30, 2022
Skyrocketing oil prices have helped make oil and gas producers the best performers in the stock market this year, triggering a rapid rise in dividend payments and a bonanza of special dividends.
News
September 26, 2022
Now, in a sign of just how much Russia’s invasion of Ukraine has thrown global energy markets into disarray, it’s natural gas, not oil, that’s becoming more coveted in U.S. shale fields.
News
September 22, 2022
A national green light for fracing, the technique that triggered a huge boom in shale oil and gas in the U.S., is one of a handful of measures from Britain’s new leader to increase energy supplies in response to Russia’s invasion of Ukraine. It’s a controversial move that rolls back pledges made by her predecessor Boris Johnson in the government’s election manifesto.
News
September 09, 2022
Chesapeake Energy Corp. said its assets in the Eagle Ford Shale have drawn a “tremendous amount of interest” as the U.S. company pursues a sale in order to become a pure-play natural gas producer.
News
September 09, 2022
EQT Corp., the largest U.S. natural gas producer, agreed to acquire a privately held competitor in a $5.2 billion deal to expand holdings in the prolific Marcellus shale.
News
September 08, 2022
New British Prime Minister Liz Truss removed a ban on drilling for shale gas, an effort to boost domestic energy supply that will have to overcome the same obstacles that stymied the industry for the past decade.
News
September 01, 2022
Investors desperate for clues on the outlook for U.S. shale oil production now have one of their first official forecasts for 2023, with the new chief executive officers of Permian Resources Corp. planning a 10% increase to take advantage of elevated crude prices.
News
August 25, 2022
U.S. shale producers are on course to make nearly $200 billion this year, enough to make the industry debt-free by 2024 and potentially fund a pivot toward more natural gas production, according to Deloitte LLP.
