Post Tagged with: "extraction"

Courtesy of Liberty Oilfield Services Inc.

Liberty Oilfield Services Grows Frac Fleet

Liberty Oilfield Services Inc. (ticker: LBRT) reported a net income of $54 million in Q1 2018 and the company deployed its frac fleets 20 and 21, under dedicated arrangements with existing customers in the quarter.

For the first quarter of …

Extraction Oil & Gas (XOG) Expands Operating Footprint with Oily Hawkeye

Extraction Oil & Gas (XOG) Expands Operating Footprint with Oily Hawkeye

Q3 highlights

  • Average net sales volumes of 62,884 BOEPD including 34,607 barrels per day (Bbl/d) of oil
  • Net loss of $29.8 million, or ($0.20) per basic and diluted share
  • Turned to sales 30 gross (27 net) operated wells with an
Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics

Success of Shale will Depend on New Oilfield Technologies to Shore Up Economics

Aug. 17: see oilfield tech that will play a critical role in the financial health of the shale industry

If Q2 oil and gas company filings are representative of what’s going on in the industry, a lot of shale developers …