Global spending on oilfield equipment and services this year will fall 21% from 2019 to $211 billion, the lowest level since 2005, according to a report to be released on Wednesday by consultancy Spears & Associates, as oil and …
Helmerich & Payne, Inc. (“H&P” or the “Company”) (NYSE: HP) today provided an update on its capital allocation policy as well as its capital expenditure and SG&A cost outlook for the remainder of fiscal 2020. The Company also announced the …
ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSE: PUMP) today announced preliminary unaudited financial and operational results for the full year and fourth quarter of 2019 and provided other updates.
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Rare Petro is the "Enabler" for remote employee work, data and leveraging the modern business systems. Some parts of the oil field has not always accepted, or adapted, technology until now.
Anthony McDaniels, CEO, Rare Petro, started his company
The 360 Digital Bell Week Ahead Report. Michael Tanner, the Host of the closing bell, covers what to look for during this week; the good the bad and the homely.
Some of the key takeaways this week:
The oil
CALGARY, March 27, 2020 /CNW/ – Calfrac Well Services Ltd. (“Calfrac” or the “Company”) (TSX-CFW) is announcing reductions to its 2020 capital program and North American operating footprint as a result of the rapid and unforeseen deterioration in business …
Three of the largest drilling rig operators in Texas are making budget cuts and bracing for the worst as a global supply glut of crude oil and falling demand due to the coronavirus pandemic are expected to cause …
The U.S. energy sector is slashing capital spending and jobs as business activity plunged and the outlook has turned “extremely pessimistic” amid the coronavirus pandemic, a survey by the Dallas Federal Reserve Bank of oil and gas companies showed …
Two of the world’s biggest oilfield service companies are warning of a bigger shale crash than the one that hit the U.S. and Canada just five years ago.
While the decline in North American drilling rigs could approach …
Layoffs and pay cuts loom as Schlumberger, the largest oilfield service company in the world, plans to cut up to 30 percent from its budget amid crumbling oil prices and the economic effects of the coronavirus pandemic.
Schlumberger …
Oilfield service giant Halliburton plans to furlough about 3,500 employees of its Houston headquarters for the next two months amid grim market conditions that include four year-low oil prices and the coronavirus outbreak.
Employees at the company’s North …
Chapter 11 bankruptcy has allowed Houston oilfield service company Weatherford International to close 2019 with its first profit in more than six years.
Shedding roughly $6 billion of debt after successfully emerging from Chapter 11 reorganization in mid-December, …
FORT WORTH, Texas–(BUSINESS WIRE)– Basic Energy Services, Inc. (OTCQX:BASX) (“Basic” or the “Company”) today announced that it has acquired the production operations from NexTier (NYSE:NEX) for a consideration of approximately $94 million.The NexTier production operations, known as …
HOUSTON, March 09, 2020 (GLOBE NEWSWIRE) — Key Energy Services, Inc. (“Key” or the “Company”) announced today that on March 6, 2020, the Company completed the transactions described in its previously announced Restructuring Support Agreement (the …
JCA Companies
Cody, WY., February 24, 2020. JCA Companies (“JCA”) announced today that its subsidiary C-MOR Energy Services has safely installed its first Crown Jewel Rig Mounted Lighting Package for Parex Resources on a Top Drilling Rig in the …
The Midstream Panel was at 3:45 P.M The presentation live streamed, and the recorded presentation is below.
The participating companies are Flatirons Field Services, Cureton Midstream and Vaquero Midstream.
Flatirons Field Services, -Flatirons Field Services
The Capital Markets Panel was at 2:35 P.M The presentation live streamed, and the recorded presentation is below. The participating companies are CAC Specialty and Tailwater Capital
CAC Specialty CAC Specialty: an integrated specialty insurance brokerage and
ESal Engineered Salinity corporate presentation was at 4:35 P.M The presentation live streamed, and the recorded presentation is below.
Salem Thyne talked about how the oil recovery process can save money while positively impact the environment. This is important to
Houston oilfield service company Halliburton plans to pay down its long-term debt by issuing $1 billion in lower-interest notes.
Halliburton on Wednesday said it plans to issue a type of debt known as senior notes. Due in March …
MIDLAND, Texas, Feb. 20, 2020 /PRNewswire/ — Dawson Geophysical Company (NASDAQ: DWSN) announced today that it plans to publicly release preliminary and unaudited financial results for its year-end 2019 and the quarter ended December 31, 2019, the Company’s …
Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) today reported financial and operating results for the quarter and year ended December 31, 2019. Pioneer reported fourth quarter net income attributable to common stockholders of $344 million, or $2.06 per …
Oilfield service giant Schlumberger is moving one of its top executives to lead a newly created division for “new energy” initiatives.
In a Friday morning filing with the Securities and Exchange Commission, Schlumberger reported that Executive Vice President …
Fort McKay Group of Companies continues to expand with acquisition of Birch Mountain Enterprises
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Stephens Corporate presentation was live streamed, and the recorded presentation is below.
Stephens is a privately held financial services firm focused on building long-term relationships and long-term results.
All of the presentations are live streamed, and
Deep Imaging Corporate presentation was at 9:45 am. The presentation live streamed, and the recorded presentation is below.
All of the presentations are live streamed, and Oil & Gas 360 will be publishing out on all
Fortis Energy Services Corporate presentation was at 9:15 am. The presentation live streamed, and the recorded presentation is below.
Fortis Energy Services, Inc. is an award-winning oil and gas well service company in the USA. Fortis Energy Services was
Houston oilfield service company National Oilwell Varco finished up a year of losses $6.1 billion in the red.
In a statement released on Thursday evening, the company reported closing 2019 with a $6.1 billion loss, a dramatic drop …
Oil and Gas 360 Publishers Note: Fortis Energy Services is presenting at EnerCom Dallas The Energy Investment Conference on Wednesday, Febuary 12, 2020 at 9:15am (MST). Please sign up to attend, all of our presentations will …
Ingevity reports preliminary fourth quarter and full year 2019 financial results
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