Carolyn Davis joined the editorial staff of Intelligence Press Inc. in Houston in May, 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.
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Articles from Carolyn Davis
Weir, Rolls Royce JV Create Integrated Fracking System
Pressure pumping manufacturer Weir Oil & Gas said Monday it is teaming up with a unit of Rolls Royce plc to provide what they claim is the industry’s first integrated hydraulic fracturing system, as efficiency moves front and center.
May 2, 2016
Halliburton, Baker Nix Merger; Baker to Reduce U.S. Pressure Pumping Business
Halliburton Co. and Baker Hughes Inc. terminated their merger agreement on Sunday, ending an 18-month saga in which U.S. and European regulators challenged the multi-billion dollar tie-up.
May 2, 2016
Baker Hughes Reduces U.S. Onshore Footprint as Halliburton Merger Falters
Baker Hughes Inc. said Monday it plans to reduce its U.S. onshore pressure pumping business one day after its multi-billion dollar merger with Halliburton Co. was scuttled.
May 2, 2016
Helmerich & Payne Keeping High-Tech Rigs Ready, but Expecting More Deterioration in U.S. Land
Contract driller Helmerich & Payne Inc. is keeping its fleet in top-notch shape for an eventual industry upturn, but management conceded on Monday that a return to business-as-usual is unlikely before the second half of the year.
May 2, 2016
ExxonMobil Boosts Dividend, Posts Profit, While Chevron Swings to Another Loss
ExxonMobil Corp., which posted a higher quarterly profit than expected on Friday, raised its quarterly dividend and is keeping its long-term forecast for rising natural gas and oil demand, the investor relations chief said Friday. Meanwhile, Chevron Corp. reported its second straight quarterly loss.
April 29, 2016
ExxonMobil Boosts Dividend, Posts Profit, While Chevron Swings to Another Loss
ExxonMobil Corp., which posted a higher quarterly profit than expected on Friday, raised its quarterly dividend and is keeping its long-term forecast for rising natural gas and oil demand, the investor relations chief said Friday. Meanwhile, Chevron Corp. reported its second straight quarterly loss.
April 29, 2016
NOV Lays Off 6,000 More People, Closes 200 Facilities as Revenues Decline in All Four Businesses
National Oilwell Varco Inc., which designs and manufactures equipment and components used in oil and natural gas drilling, laid off 6,000 more people in the first quarter and has closed or is in the process of closing 200 facilities worldwide, painful reductions to allow the Houston operator to “maintain its investment for the future,” CEO Clay Williams said Thursday.
April 28, 2016
Patterson-UTI Stacks Half of Horsepower — 1 Million HP — as Producers Shun Onshore Drilling
Onshore drilling contractor Patterson-UTI Energy Inc. has to date stacked more than half of its pressure pumping horsepower, an estimated 1 million hp, and expects the fracturing unit to see a 20% further decline in activity during the second quarter, management said Thursday.
April 28, 2016
NOV Lays Off 6,000 More People, Closes 200 Facilities as Revenues Decline in All Four Businesses
National Oilwell Varco Inc., which designs and manufactures equipment and components used in oil and natural gas drilling, laid off 6,000 more people in the first quarter and has closed or is in the process of closing 200 facilities worldwide, painful reductions to allow the Houston operator to “maintain its investment for the future,” CEO Clay Williams said Thursday.
April 28, 2016
Patterson-UTI Stacks Half of Horsepower — 1 Million HP — as Producers Shun Onshore Drilling
Onshore drilling contractor Patterson-UTI Energy Inc. has to date stacked more than half of its pressure pumping horsepower, an estimated 1 million hp, and expects the fracturing unit to see a 20% further decline in activity during the second quarter, management said Thursday.
April 28, 2016