Toronto-based Superior Plus Corp. clinched a definitive agreement with Certarus Ltd. to acquire the compressed natural gas (CNG), renewable natural gas (RNG) and hydrogen distributor in a C$1.05 billion ($776.9 million) deal. After kicking off the year with an announcement that it may offer hydrogen to its commercial and industrial propane customers in Quebec, Superior…
Superior
Articles from Superior
Stung by Low Prices, Oasis, Superior Energy Each Seeking Bankruptcy Protection to Reduce Debt
Houston-based operators Oasis Petroleum Inc., a Lower 48 explorer, and oilfield services (OFS) giant Superior Energy Services on Wednesday filed for voluntary bankruptcy protection to restructure and shrink their considerable debt loads. Oasis, whose exploration and production operations are focused on the Permian and Williston basins, sought voluntary Chapter 11 protection in U.S. Bankruptcy Court…
September 30, 2020
Superior to Discontinue Fracturing, Combine Lower 48 Oilfield Services with Forbes Energy
Houston’s Superior Energy Services Inc. is combining its U.S. land services lines into a platform in combination with Forbes Energy Services Ltd. as it turns its focus to the domestic offshore and international markets.
December 24, 2019
Superior Energy to Appeal NYSE Suspension, Delisting
The New York Stock Exchange (NYSE) began delisting protocols for global completions company Superior Energy Services Inc. last week, a determination the Houston-based oilfield services (OFS) operator plans to appeal.
September 30, 2019
Superior Energy Reduces Permian Crews in 2Q, Sees Continued Onshore Challenges
Superior Energy Services Inc.’s U.S. land revenue fell sharply in the second quarter after the Houston company elected to operate fewer Permian Basin pressure pumping fleets in West Texas.
July 25, 2019
Superior Energy Gains in 2Q as More Horsepower Activated, Sand Issues Resolved
Superior Energy Services Inc. saw no slowdown in U.S. land activity during the second quarter, with more hydraulic horsepower (hhp) activated and proppant sand volumes climbing by 25% sequentially.
July 25, 2018
Superior Energy Gaining on Rapidly Escalating U.S. Pressure Pumping Activity
Houston-based Superior Energy Services Inc. saw a 49% increase in U.S. pressure pumping revenue in the first quarter as operators accelerated their onshore activity, marking a “massive cyclical transition,” CEO David Dunlap said.
April 26, 2017
Range Resources Settlement Docs Ordered Unsealed
A county judge in Pennsylvania has ordered court records from a water contamination case involving several companies that operate in the Marcellus Shale unsealed and available for public view.
March 22, 2013
Consol Preparing Utica Shale Drilling
Consol Energy Corp. is returning to the Utica Shale. The Pittsburgh coal and gas producer recently announced plans to run six rigs starting this fall, five on its acreage in the Marcellus Shale and one full time in the Utica of eastern Ohio.
August 3, 2011
Transportation Notes
Due to a gas quality problem, NGPL said the Superior Inter Wheeler receipt point in Wheeler County, TX, will be unavailable effective Thursday until further notice.
May 19, 2011
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