newszine

Superior Energy Services Announces Fourth Quarter and Full Year 2018 Results

16 hours ago DieselGasoil Comments Off on Superior Energy Services Announces Fourth Quarter and Full Year 2018 Results
HOUSTON, Feb. 18, 2019 (GLOBE NEWSWIRE) — Superior Energy Services, Inc. (the “Company”) today announced a net loss from continuing operations for the fourth quarter of 2018 of $750.2 million, or $4.85 per share, on revenue of $539.3 million.  This compares to a net loss from continuing operations of $21.8 million, or $0.14 per share, Read More

U.S. settles with Antero over water pollution from fracking

1 week ago DieselGasoil Comments Off on U.S. settles with Antero over water pollution from fracking
WASHINGTON (Reuters) – The U.S. Justice Department said on Monday it reached a settlement with oil and natural gas company Antero Resources Corp over claims it violated the Clean Water Act at 32 different sites in West Virginia, mostly tied to fracking. Antero agreed to pay a penalty of $3.15 million and provide mitigation for Read More

Hydraulic fracturing conference hits full stride on day two

2 weeks ago DieselGasoil Comments Off on Hydraulic fracturing conference hits full stride on day two
By CRAIG FLEMING, TECHNICAL EDITOR, WORLD OIL on 2/7/2019 WOODLANDS, Texas — On the second day of SPE’s hydraulic fracturing conference, held on Wednesday, the technical presentations kicked into high-gear, with four major categories being explored by SME’s from operating companies, service providers and academia.  For many of these presentations, the rooms were filled to Read More

Texas-size glut of frac sand accumulating as demand weakens

2 weeks ago DieselGasoil Comments Off on Texas-size glut of frac sand accumulating as demand weakens
By David Wethe on 2/6/2019 Photo: Hi-Crush. HOUSTON (Bloomberg) — Just a year after rushing into America’s busiest oil field with new mines, frac-sand producers may have overdone it. West Texas sand used in the hydraulic fracturing process will drop 19% this year to about $30 a ton compared to 2018, according to industry consultant Read More

BHGE introduces lightest, non-composite conventional frac plug

2 weeks ago DieselGasoil Comments Off on BHGE introduces lightest, non-composite conventional frac plug
2/6/2019 Photo: BHGE’s MILLITE lightweight frac plug. HOUSTON and LONDON — Baker Hughes, a GE company has announced the introduction of its MILLITE lightweight frac plug, which mills out more smoothly and cleans up better than any other conventional frac plug on the market, cutting costs and helping customers achieve first oil faster. Constructed completely Read More

Hydraulic fracturing conference focused on increasing efficiencies in shale plays

2 weeks ago DieselGasoil Comments Off on Hydraulic fracturing conference focused on increasing efficiencies in shale plays
By CRAIG FLEMING, Technical Editor, World Oil on 2/6/2019 SPE’s hydraulic fracturing conference kicked-off yesterday, Feb. 5, with a plenary session that outlined the significance of properly identifying frac hits. The session was moderated by Stephen Holditch, Texas A&M University, and featured subject matter experts George King, GEK Engineering, Ripudaman Manchanda, University of Texas, Piyush Read More

Tests at Cuadrilla's British fracking site show substantial gas flows

2 weeks ago DieselGasoil Comments Off on Tests at Cuadrilla's British fracking site show substantial gas flows
LONDON (Reuters) – Tests of the first shale well at Cuadrilla’s site in northwest England show a rich reservoir of high quality and recoverable gas, the British firm said on Wednesday, adding that rules that have constrained its testing work should be eased. FILE PHOTO: A protester stands outside Cuadrilla’s Preston Road fracking site near Read More

Reveal Energy Services commercializes FracEYe frac hit analysis service

2 weeks ago DieselGasoil Comments Off on Reveal Energy Services commercializes FracEYe frac hit analysis service
2/5/2019 THE WOODLANDS, Texas —  Reveal Energy Services announces today the commercialization of the FracEYE(SM) frac hit analysis service to expand the industry’s knowledge base about this critical issue of parent well-child well communication. The company is presenting the new service in booth 125 at the Hydraulic Fracturing Technology Conference at The Woodlands Waterway Marriott Read More

Silixa Limited has launched Carina XwellXpress hydraulic fracture monitoring service

2 weeks ago DieselGasoil Comments Off on Silixa Limited has launched Carina XwellXpress hydraulic fracture monitoring service
2/5/2019 THE WOODLANDS, Texas — Silixa Ltd announces the launch of Carina XwellXpress, the crosswell low frequency strain and microseismic monitoring service that accurately locates microseismic and strain events in real-time through wireline interventions, allowing operators to improve stimulation and completion designs to maximize recovery. This revolutionary service is set to transform the unconventional oil Read More