Sunday, July 12, 2026

HENDERSON Implements Data Gumbo Smart Contracts – saving CapEx and efficiencies

360 News Feed Industry First Use Case of Blockchain-Based Smart Contracts in Global Contract Drilling, Capital Equipment Sales, Drilling Services, Repairs and Maintenance Services Data Gumbo Moves Into Another Segment of Oil & Gas Ripe for Digital Improvements  HOUSTON, TX — December 2, 2020 — Data Gumbo, the trusted industrial blockchain network, today announced that HENDERSON, a leader in the sales and services

Ubiterra selected for Colorado Advanced Industry Grant

Oil and Gas 360 ZoneVu Recognized as Breakthrough Cloud Product for Horizontal Drilling   Denver, Colorado – November 23, 2020 – Ubiterra announced today that it was awarded a Colorado Advanced Industry Grant as a part of a competitive selection process of more than 100 applicants for funding from the Colorado Office of Economic Development and International Trade (OEDIT)’s Advanced

Halliburton to set science-based emission reduction goals- oil and gas 360

Halliburton to set science-based emission reduction goals

Reuters Oilfield services provider Halliburton Co said on Thursday it would set greenhouse gas emission reduction targets in line with what the latest climate science outlines is necessary to meet the goals of the Paris Accord. The announcement comes as the global energy industry faces intense pressure from investors worried about the climate impact of fossil fuels. Halliburton joins over

Oil War: Some Permian Basin operators already scaling back operations- oil and gas 360

Permian Drilling Rights Price Falls Nearly 70%

Bloomberg The price to drill an acre of land in the biggest U.S. shale basin has tumbled amid the oil rout, creating conditions ripe for more mergers and acquisitions. Drilling rights in the Permian Basin of West Texas and New Mexico averaged about $24,000 an acre in recent deals, down 67% from 2018, according to Rystad Energy, an Oslo-based research

oil and gas 360

Baker Hughes enters renewable technology space, acquiring carbon capture company Compact Carbon Capture (3C)

OAG360 Publishers Note: Major shift from a US service provider, but OAG360 likes the deal.  Oilfield service should be leaders in technology, and as we say everyday on our Energy News Beat show, capital is being tied heavily to ESG ________ HOUSTON & LONDON–(BUSINESS WIRE)–Nov. 3, 2020– Baker Hughes (NYSE: BKR) announced today it is acquiring Compact Carbon Capture (3C), a pioneering technology development