Oilfield Services

Daily Energy Market Summary: 360 DCB – 9/4/2020 – Hosted by Michael Tanner

Daily Energy Market Summary: 360 DCB – 9/4/2020 – Hosted by Michael Tanner

 Daily Energy Market Summary: 360 DCB – 9/4/2020 Day 2 of the tech sellout (welcome to September selling) as both $TSLA and $AAPL drop big leading to NQ trading down at one point almost 450 pts before rebounding toward

Patterson-UTI Reports Drilling Activity for August 2020

Patterson-UTI Reports Drilling Activity for August 2020

HOUSTON , Sept. 4, 2020 /PRNewswire/ — PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) …

September 4, 2020 - 4:37 am Oilfield Services, Press Releases
360 Digital Closing Bell –9-3-2020

360 Digital Closing Bell –9-3-2020

 

 

BRUTAL day for the equities markets as majors index’s fall over 3.5% as large institutions begin a tech sellout amid what some are calling the top of the latest bull run. Jobless claims shed some hope as 881,000 first

ERIELL Group and Enter Engineering involved throughout Uzbekistan’s participation – enabling gifted Uzbek students to widen their horizons and study overseas

ERIELL Group and Enter Engineering involved throughout Uzbekistan’s participation – enabling gifted Uzbek students to widen their horizons and study overseas

360 Feed Wire


First cohort of Uzbek students start at UWC schools globally

TASHKENT, Uzbekistan, September 3, 2020. ERIELL Group (“ERIELL”), an international oilfield services group and Enter Engineering (“Enter”), one of the largest EPC contractors in Uzbekistan are pleased …

September 3, 2020 - 9:40 am Oilfield Services, Press Releases
The 360 Digital Closing Bell –9-2-2020

The 360 Digital Closing Bell –9-2-2020

 Wild Wednesday for the 360 Digital Closing Bell! Oil has a rough day despite positive DOE inventory levels.

 

Stocks drew 9.4 mm/bbl for the week along with oil production down to 9.7 mm/bbl/day coming off shut ins due to

Courtesy of Liberty Oilfield Services Inc.

Eying a shale rebound, Liberty Oilfield strikes deal with Schlumberger

Reuters


DENVER – Liberty Oilfield Services’ acquisition of Schlumberger’s shale fracking business will make it the third-largest oilfield services firm by North American revenue, nudging out Baker Hughes Co (BKR.N) in a bet on a shale rebound.

Denver-based …

The 360 Digital Closing Bell –9-1-2020

The 360 Digital Closing Bell –9-1-2020

Big day today in the markets - Guest Aaron Vanderford, President talking about Liberty Frac, Whiting, Colorado legislation SB181 –

 

International News Desk – India spending billions on 100 million tons of coal for coal gasification to help turn

BLM taking comments on Permian sand conveyor –

BLM taking comments on Permian sand conveyor –

KallanishEnergy


The U.S. Bureau of Land Management has opened a public comment period for a proposed conveyor system on public lands to move sand for hydraulic fracturing (fracking) in the Permian Basin of West Texas and New Mexico, Kallanish Energy

September 1, 2020 - 8:00 am Oilfield Services, Regulatory
Sparrows Group appoints Saudi Arabia general manager to drive growth

Sparrows Group appoints Saudi Arabia general manager to drive growth

Oil & Gas


Last year the business secured vendor approval status from Saudi Aramco

Sparrows Group has appointed Ali Hassan Al-Kharari as the company’s first Saudi Arabia general manager in response to growing business demand in the Kingdom.

Al-Kharari brings …

Calfrac Halts Wilks Brothers’ Attempt to Seek Insolvency; Obtains U.S. Recognition for CBCA Recapitalization Transaction Proceeding

Calfrac Halts Wilks Brothers’ Attempt to Seek Insolvency; Obtains U.S. Recognition for CBCA Recapitalization Transaction Proceeding

Calfrac Halts Wilks Brothers’ Attempt to Seek Insolvency; Obtains U.S. Recognition for CBC…

September 1, 2020 - 5:06 am Bankruptcy, Oilfield Services, Press Releases
Schlumberger to Contribute North American Pressure Pumping Business to Liberty

Schlumberger to Contribute North American Pressure Pumping Business to Liberty

Supercharging Technology and Scale in North American Pressure Pumping Liberty Oilfield…

The 360 Digital Closing Bell Look Ahead–8-31-2020

The 360 Digital Closing Bell Look Ahead–8-31-2020

Michael starts by chatting energy technogly and shift away from E&P having internal teams to handle all things tech. Then they dive into the stories for the week, levels for crude oil and the 360 official non official fund.

 
NGL Energy Partners LP Announces Expansion and Extension of Acreage Dedication for Produced Water Transportation and Disposal in the Delaware Basin

NGL Energy Partners LP Announces Expansion and Extension of Acreage Dedication for Produced Water Transportation and Disposal in the Delaware Basin

NGL Energy Partners LP (NYSE: NGL) (“NGL” or the “Partnership”) a…

August 31, 2020 - 4:41 am Oilfield Services, Press Releases, Water
The 360 Digital Closing Bell –8-28-2020

The 360 Digital Closing Bell –8-28-2020

The 360 Hall Pass Friday - All time highs again - energy was up - Fed is managing inflation with low interest, and consumer spending was up. nternational News Desk: Great podcast talking about Novatek LNG shipments to UAE, and

The 360 Digital Closing Bell –8-27-2020

The 360 Digital Closing Bell –8-27-2020

Wild day - Walmart and Microsoft looking to buy TickToc - Michael says you will have to film your dance into Walmart, oil is not down even with the hurricane. We rant about hypocrisy in Illinois - closing down 2

The 360 Digital Closing Bell –8-26-2020

The 360 Digital Closing Bell –8-26-2020

Tech stocks are going wild, talks about inflation could effect items, and 2 huricanes - Prices are not effected, but we are watching the damage.  The International News Desk: Russia and India signing a deal for $40 Billion worth of

The 360 Digital Closing Bell Look Ahead–8-24-2020

The 360 Digital Closing Bell Look Ahead–8-24-2020

Another Week Ahead in Energy from the duo at Oil and Gas 360!! 

 

POST CONFERENCE MEGA SHOW for the 360 Digital Closing Bell Team!! Back after a 10 day hiatus! Stu and Michael start by deep diving all

About 150 more North American E&Ps will need Chapter 11 protection by end-2022

About 150 more North American E&Ps will need Chapter 11 protection by end-2022

Oil&Gas


So far this year 32 E&Ps have already filed for Chapter 11, recording a cumulative debt of about $40 billion

The Covid-19 pandemic has added severe financial strain on a North American upstream industry that was already reeling under …

WolfePak Software Appoints Melissa Pursley as Chief Financial Officer

WolfePak Software Appoints Melissa Pursley as Chief Financial Officer

360 Feed Wire


Financial and business leader brings high-growth and multi-industry experience to further accelerate the company’s growth.

ABILENE, Texas, August 18, 2020 — WolfePak Software, a leading provider of oil and gas accounting, regulatory compliance, and automation software, …

August 18, 2020 - 10:41 am Oilfield Services, People, Press Releases
ExxonMobil, Enterprise still adding to massive Permian crude pipeline glut

ExxonMobil, Enterprise still adding to massive Permian crude pipeline glut

Hellenicshipping


The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess pipeline capacity as the coronavirus pandemic crippled global demand, and new long-haul crude pipelines will further exacerbate the divide as they …

Source: Reuters

How a Texas shale supplier’s founders made fortunes as the firm failed

Reuters


On July 7, the board of directors at Texas fracking sand supplier Hi-Crush granted nearly $3 million in bonuses to four top executives, including $1.35 million for CEO and founder Robert Rasmus.

Five days later, the company declared bankruptcy.…

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Halliburton Surplus Real Estate Auctions Set for Oct

HOUSTON , Aug. 11, 2020 /PRNewswire/ — Williams & Williams, a leader in global …

August 11, 2020 - 1:48 pm Oilfield Services, Press Releases
Superior Energy Services Announces Second Quarter 2020 Results

Superior Energy Services Announces Second Quarter 2020 Results

HOUSTON , Aug. 10, 2020 /PRNewswire/ — Superior Energy Services, Inc. (NYSE: SPN) (the “…

August 10, 2020 - 8:10 am Oilfield Services, Press Releases
Calfrac Obtains Interim Order in Connection with Recapitalization Transaction And Announces Meetings

Calfrac Obtains Interim Order in Connection with Recapitalization Transaction And Announces Meetings

Calfrac Obtains Interim Order in Connection with Recapitalization Transaction And Announce…

Patterson-UTI Reports Drilling Activity for July 2020

Patterson-UTI Reports Drilling Activity for July 2020

HOUSTON , Aug. 5, 2020 /PRNewswire/ —  PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN)&#…

Source: Reuters

Calfrac investor Wilks Brothers launches rival restructuring deal

Reuters


Calfrac Well Services (CFW.TO) investor Wilks Brothers said on Tuesday it submitted a restructuring plan to reduce the company’s debt, and that its terms were better than those proposed by Canadian oilfield service provider’s management.

Wilks Brothers’ …

Trican Reports Second Quarter Results for 2020

Calgary, Alberta–(Newsfile Corp. – July 31, 2020) – Trican Well Service Ltd. (TSX: TCW) (” Tr…

July 31, 2020 - 5:15 am Earnings, Finance, Oilfield Services, Press Releases
RPC, Inc. Reports Second Quarter 2020 Financial Results

RPC, Inc. Reports Second Quarter 2020 Financial Results

ATLANTA , July 29, 2020 /PRNewswire/ — RPC, Inc. (NYSE: RES) today announced its unaudit…

July 29, 2020 - 7:10 am Earnings, Finance, Oilfield Services, Press Releases
Source: Reuters

Halliburton to provide digitalization for PETRONAS exploration activities

Halliburton


Deploying DecisionSpace® 365 powered by the iEnergy® Cloud to integrate and streamline upstream operations

HOUSTON–(BUSINESS WIRE)–Jul. 28, 2020– Halliburton Company (NYSE: HAL) today announced it received a scope expansion from Petroliam Nasional Berhad (PETRONAS) to support their upstream digitalization …

The 360 Digital Closing Bell Look Ahead–7-27-2020

The 360 Digital Closing Bell Look Ahead–7-27-2020

Another Week Ahead in Energy from the duo at Oil and Gas 360!! 

 

Another Monday, Another 360 Digital Closing Bell Podcast, brought to you by www.oilandgas360.com. Another Monday, Another 360 Digital Closing Bell! Michael Tanner and Stuart Turley cover