Services

Key Energy to Restructure, File For Chapter 11 Protection

Key Energy to Restructure, File For Chapter 11 Protection

Oilfield services (OFS) company Key Energy Services Inc. has reached an agreement with creditors on a restructuring plan, becoming the latest energy company to succumb to financial pressure from the oil and gas industry downturn.

August 30, 2016

WellDog Launches ‘Sweet Spot’ Service to Find More Oil/Gas at Lower Costs

Laramie, WY-based services company WellDog has launched its Shale SweetSpotter technology, which detects, identifies and quantifies hydrocarbons in shale oil and natural gas wells.

August 12, 2016
Sunoco’s Mariner East Wins Another Legal Battle in Pennsylvania Court

Sunoco’s Mariner East Wins Another Legal Battle in Pennsylvania Court

In another legal victory for Sunoco Logistics Partners LP’s embattled Mariner East 2 (ME2) project, the Pennsylvania Commonwealth Court ruled 5-2 Thursday to uphold the pipeline’s powers of eminent domain as granted under state authority.

July 15, 2016

Black Hills Utility Seeks to Tap Farms With Upgraded NatGas Service

Seeking to move farm natural gas service in Iowa into the 21st century, a Rapid City, SD-based Black Hills Corp. utility has proposed to state regulators that the tradition of farms drawing supplies off interstate pipelines upgrade the safety of their widely varying connections.

July 15, 2016

Full Service on Tetco’s Penn-Jersey System Possibly Out Until November

Full service on Texas Eastern Transmission’s (Tetco) Penn-Jersey pipeline system, which runs from Delmont, PA, to Lambertville, NJ, might not be restored until November after an April explosion and fire on a portion of the system in Westmoreland County, PA, has its owners concerned about safety.

June 29, 2016
FMC-Technip Combination to Rival Baker Hughes

FMC-Technip Combination to Rival Baker Hughes

Houston-based FMC Technologies Inc., one of the leading subsea service providers in the world, as well as a surface technology provider, is merging with energy engineering and construction giant Technip, based in Paris, in a transaction valued at $13 billion.

May 19, 2016
Technip-FMC Merger Muscles Into Competition With Leading OFS Providers

Technip-FMC Merger Muscles Into Competition With Leading OFS Providers

Houston-based FMC Technologies Inc., a technology innovator in the subsea and on land, on Thursday agreed to merge with Paris-based Technip, an energy engineering and construction giant, in a transaction valued at $13 billion.

May 19, 2016

TransCanada Toll Modification Irks Shippers; NEB Opens Case

As depressed prices compel industry to make every penny count, TransCanada Corp. has set out to pare up to 3% from its natural gas Mainline tolls by discarding a legacy of obsolete delivery privileges for a handful of shippers.

April 29, 2016

TransCanada Toll Modification Irks Shippers; NEB Opens Case

As depressed prices compel industry to make every penny count, TransCanada Corp. has set out to pare up to 3% from its natural gas Mainline tolls by discarding a legacy of obsolete delivery privileges for a handful of shippers.

April 29, 2016
Basic Energy Standing Ready For Onshore Uptick

Basic Energy Standing Ready For Onshore Uptick

Expectations that maintenance projects that were deferred in the U.S. onshore last year would resume early in 2016 haven’t panned out as expected, Basic Energy Services Inc. CEO Roe Patterson said Thursday. However, production-related activities “appeared to have stabilized” in March, and there’s optimism, however slight, that work is improving steadily.

April 21, 2016
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