Solaris Oilfield Infrastructure, Inc. (SOI) reported its Q3 2023 financial results on October 27, 2023, missing both revenue and consensus earnings estimates. The firm provides various sand (proppant) ...
Liberty has been hit hard by the downturn, but recently has gotten a boost from its acquisition of Schlumberger's frac fleets. This move has made it the leader in North American fracking and ...
Oilfield services firm Schlumberger agreed to sell its North American shale fracking business to rival Liberty Oilfield Services , unloading a unit that underperformed during the shale bust.
Liberty Oilfield Services' acquisition of Schlumberger's shale fracking business will make it the third-largest oilfield services firm by North American revenue, nudging out Baker Hughes Co in a bet ...
Liberty Oilfield Services Inc., Denver, acquired Schlumberger’s OneStim onshore hydraulic fracturing business in the United States and Canada, including its pressure pumping, pump down perforating, ...
Supply bottlenecks and materials price inflation have been hampering growth in the U.S. shale patch. Reuters: demand for fracking equipment currently exceeds supply. Halliburton warned earlier this ...
Rigzone prognosticators identify trends to watch this week in the oil and gas markets. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily ...
Hydraulic fracturing (fracking) increases oilfield productivity by creating high-conductivity flow paths that connect low-permeability rock to the wellbore, reduce near-wellbore damage (skin), and ...
Drillers in the U.S. shale patch are continuously looking to save costs as they want to squeeze higher margins and profits. Those focused on oil production are also looking to find some useful ...
Forbes contributors publish independent expert analyses and insights. David Blackmon is a Texas-based public policy analyst/consultant. A former colleague in the oil and gas business asked me the ...
HOUSTON (Reuters) - Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to oilfield ...
The Denver fracking business has posted larger losses despite an industry rebound, but the CEO says better results are ahead. Denver oilfield giant buys major fracking supplier for $90M Colorado ...