Source: Houston Chronicle
The British energy major BP said Thursday it will build a new pilot plant for recycling plastics at its refining complex in Illinois.
The $25 million pilot plant, which is expected to be completed next year, would …
From Reuters
U.S. stocks gained ground on Monday at the onset of a heavy earnings week, while European shares inched higher as investors took heart from potential progress in U.S.-China trade talks and increasing geopolitical tensions sent oil prices climbing.…
From CCJ
Crude oil prices fell rapidly during the fourth quarter of 2014 as global output exceeded demand. The change of …
Except for a small drop in the amount of oil produced in 2016, with return to the upswing in 2017, American production has been on a steady increase ever since 2008. Even during the 2014-2016 price crash, U.S. E&Ps hunkered …
National Oilwell Varco (ticker: NOV) reported a first quarter 2018 net loss of $68 million, or $(0.18) per share.
Revenues for the first quarter were $1.8 billion, a decrease of 9% compared to the fourth quarter of 2017 and an …
Precision Drilling Corporation (ticker: PDS) had fourth quarter 2017 revenues of CDN$347 million, an increase of 15% over Q4 2016. Precision posted a Q4 2017 net loss of CDN$47 million, or (CDN$0.16) …
Weatherford International plc (ticker: WFT) reported a net loss of $1.94 billion, or a loss of ($1.95) per share for the fourth quarter of 2017. Non-GAAP net loss for the fourth quarter of 2017, excluding charges and credits, was $329 …
EcoStim Energy Solutions (ticker: ESES) provides hydraulic fracturing technology using turbine and conventional pumping fleets with advanced fluids, diverter systems and pin-point completion systems.
The company began its initial operation in Argentina with a small spread in 2015. In the …
Core Laboratories (ticker: CLB) provides proprietary and patented Reservoir Description and Production Enhancement services to the global upstream industry.
Core Laboratories develops and acquires technologies that complement its existing products and services, disseminating these technologies throughout a global network. The …
Superior Drilling Products, Inc. (ticker: SDPI) will be presenting at the EnerCom Dallas oil and gas investor conference. Superior is a drilling tool technology company based in Vernal, Utah.
Flotek Industries (ticker: FTK), with headquarters in Houston, Texas, develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to global clients in the energy, consumer industrials and food & beverage industries.
Highlights from Flotek’s Energy Chemistry Technologies include:
Superior Drilling Products (ticker: SDPI) specializes in designing and building products meant to optimize the drilling process. Superior offers five products geared towards advancing drilling efficiency and two services to benefit operating companies during their drilling activities.
Parke A. Dickey, petroleum geologist, once said, “We usually find oil and gas in new places with old ideas. Sometimes, also, we find oil and gas in an old place with a …
The low prices of oil are having an impact on hiring, but students are optimistic and are still coming in, believing the drop in prices is temporary, Colorado School of Mines Professor Will Fleckenstein told Angie Austin at EnerCom’s The …
Rio de Janeiro, June 8, 2016 – Petróleo Brasileiro S.A. – Petrobras announces that its total production of oil and natural gas in May was of 2.83 million barrels of oil equivalent per day (boed), 5% higher than the volume …
Core Laboratories (ticker: CLB) presented at EnerCom’s The OilServices Conference 14 in San Francisco on March 9, 2016. Core Laboratories is a leading provider of proprietary and patented reservoir description, production enhancement, and reservoir management services used to optimize petroleum …
The Shale Gas Innovation & Commercialization Center announced the 14 finalists for this year’s shale gas innovation contest. Four of the finalists will be selected as winners and receive $25,000 each to help develop their ideas. The fourteen finalists are:…
New micro-seismic sensor technology providing sharper images of the subsurface
OGFJ (October 2013 Issue) – The current shale revolution was thrust into motion by a few key components: the ability to perform directional drilling (allowing companies to drill horizontally), and …
How is value measured? Analysts talk and write about a stock because the company creates value. Does “value” mean “cheap?” Buy low, sell high. That formula is not working with Facebook (ticker: FB) at the moment. That’s more like buy …
Core Laboratories (NYSE: CLB) describes itself as “a leading provider of proprietary and patented reservoir description, production enhancement and reservoir management services for the global petroleum industry. These services enable the company’s clients to optimize reservoir performance and maximize hydrocarbon …
David Demshur, Chief Executive Officer, and Richard Bergmark, Chief Financial Officer of Core Laboratories N.V. (NYSE: CLB) presented today at EnerCom’s The Oil & Services Conference™ 10. Core Laboratories is a leading provider of proprietary and patented reservoir description, production …
On February 1, 2012, Core Laboratories (NYSE: CLB) reported fourth quarter 2011 and full-year earnings results. Core Lab reported Q4’11 net income of $53,076,000, an increase of 29% from Q4’10. Earnings per share during Q4’11 were $1.11 per share, an …
