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VIDEO: Oilfield Technology Helping Save Lives During Coronavirus Pandemic

2020-04-13 11:30:00| OGI

De Nora Neptune recycles produced water and disinfects frac water by manufacturing bleach onsite. Now, they are using that same method to fill the shortage of disinfectants for the general public. 

Tags: video save technology lives

 

Oilfield Service Companies Cut Jobs, Brace for Bankruptcies

2020-04-07 23:30:00| OGI

Eight oilfield service providers, with a total of $10.9 billion in debt, have filed for bankruptcy this year, including three since prices fell to $20 a barrel in early March.

Tags: service jobs companies cut

 
 

Report: Oilfield Service Spending to Fall 21% as Producers Slash Costs

2020-04-02 11:10:00| OGI

Oilfield segments with the greatest share of North American revenue will see the biggest hits, with hydraulic fracturing spending down 44% from last year and land contract drilling down 29%.

Tags: service report fall costs

 

Oilfield Service Trio Unite to Launch Coretrax Technology Company

2020-03-30 15:14:11| OGI

Three oil and gas technology firms have joined forces to offer the global oil and gas industry an integrated and boundary-pushing approach to well lifecycle integrity and production optimization.

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Opinion: How Can Oilfield Service Companies Generate Consistent Returns Despite Uncertainty?

2020-03-26 14:00:00| OGI

Under the current backdrop, oilfield service companies have taken the brunt of punishment in terms of revenue generation and enterprise value, but should this be considered a sign of the times?

Tags: service companies returns opinion

 

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