Fracturing

Calfrac Well Services Ltd., a Calgary-based specialist in hydraulic fracturing that works in Canada, as well as Argentina, Russia and the United States, said a revival in drilling last year and commodity prices provide momentum, but there is uncertainty on the horizon. “A prolonged period of underinvestment in the upstream sector, in combination with a…

The Lower 48 oil and natural gas rig count remains sharply lower than a year ago, but fracturing activity is rising, a revival that should extend into 2021, all things (prices) being equal, Patterson-UTI Energy Inc. CEO Andy Hendricks said Thursday.  Drilling and completion activity for the Houston giant “stabilized” in the third quarter as…

President Trump rallied West Texas oil and natural gas workers on Wednesday afternoon during a visit to Midland, in the heart of the Permian Basin, touting American energy dominance and claiming the industry is not only back on track but expanding. The campaign speech of sorts came during a brief visit after the president toured…

Pressure pumpers in the Lower 48 struggled through 2019, with hydraulic horsepower (hhp) demand falling about 10% sequentially in the final quarter, according to estimates by IHS Markit.

Seeds for a new unconventional natural gas crop are being sown in Australia after repeal last year of a hydraulic fracturing moratorium opened up a fertile geological field in the southern continent’s counterpart to Alaska, the Northern Territory (NT).

The Oklahoma Corporation Commission (OCC) said Oklahoma City-based Roan Resources Inc. has voluntarily agreed to permanently end all hydraulic fracturing operations at a well in Grady County after the region was struck by a 3.4-magnitude earthquake on Sunday (Nov. 4). Following the quake, the OCC’s Oil and Gas Division had ordered Roan to halt fracturing operations at the Victory Slide well near Bridge Creek, OK.

A state ban on hydraulic fracturing (fracking) is gaining momentum in the Maryland General Assembly.

Despite struggling with low commodity prices in 2016, many oil and gas companies made significant improvements in risk reporting and transparency, according to a report released last week.

Houston-based completions specialist Superior Energy Services Inc. has seen a smattering of an upturn in U.S. onshore markets, but customers still are not inclined to boost activity levels, CEO David Dunlap said Tuesday.