Halliburton

Oil producers in North Dakota’s Bakken Shale are facing the lowest natural gas prices in nearly three decades, according to the state’s top regulator.  Department of Mineral Resources (DMR) Director Lynn Helms addressed the issue during a recent press conference. The price of natural gas delivered to the Northern Border pipeline system at Watford City,…

U.S. exploration companies have expressed uncertainty about the direction of the energy markets this year, but one thing they are sure about is natural gas-powered pressure pumping fleets, which should support “durable, multi-year” opportunities, top oilfield executives said. Halliburton Co., one of the world’s largest oilfield services (OFS) companies, and Liberty Energy Inc., the No.…

North American natural gas prices dropped dramatically in 2023 as producers maintained robust production levels, inventories grew and international markets found more balance after Russia invaded Ukraine. Read what NGI analysts learned during 3Q2023 earnings season and how they view supply and demand trends moving forward. EQT Corp. (EQT): The marginal molecule of U.S. natural…

The mega-mergers by the two largest U.S.-based producers – and rumors of more tie-ups to come – are positive for business and demonstrate the value of natural gas and oil long term, Halliburton Co. CEO Jeff Miller said Tuesday. Miller held a conference call to discuss third quarter results for the Houston-based oilfield services (OFS)…

Wobbly natural gas prices did not deter Halliburton Co. from delivering a solid first quarter performance, as customers cranked up their activity in the oil basins, offshore and overseas, CEO Jeff Miller said Tuesday. Halliburton is the No. 1 pressure pumping company in North America, and as it goes, so goes U.S. exploration and production…

North America natural gas and oil customers are likely to increase their overall capital spending by at least 15% year/year, with well completions equipment already fully contracted, Halliburton Co. CEO Jeff Miller said Tuesday. Well completions fetched higher prices and customers clamored for more products, signaling a solid business environment ahead for natural gas and…

International natural gas and oil market activity is accelerating, and North American service capacity is tightening, with pricing “moving up in both markets,” Halliburton Co. CEO Jeff Miller said Tuesday. Miller helmed a conference call with analysts to discuss third quarter results, noting the Houston-based oilfield services (OFS) giant is using the technology honed in…

International natural gas and oil market activity is accelerating, and North American service capacity is tightening, with pricing “moving up in both markets,” Halliburton Co. CEO Jeff Miller said Tuesday. Miller helmed a conference call with analysts to discuss third quarter results, noting the Houston-based oilfield services (OFS) giant is using the technology honed in…

The North Dakota Tribal College System (NDTCS) is partnering with three leading oil and gas companies on an apprenticeship program to develop a homegrown workforce in the energy sector and other trades. Persistent labor shortages have plagued the Williston Basin, home to the mighty Bakken Shale, one of the Lower 48’s major oil and gas…