Fracking

Archer secures drilling contract

Archer Limited has announced the signing of a new five-year contract with YPF for the provision of drilling services in Vaca Muerta, Argentina. Valued at an estimated 600 million dollars, the agreement covers the provision and operation of seven advanced drilling rigs and represents a further strengthening of the long-standing collaboration between the two companies to deliver safe, efficient and technologically advanced drilling operations in the region. Under the terms of the contract, Archer will provide and operate seven drilling rigs equipped with integrated Managed Pressure Drilling systems. Two of the rigs will be leased internationally, adding additional drilling capacity to Argentina’s onshore sector. In addition to the firm five-year term, the agreement includes an option to extend for a further two years... > read more

Atlas Energy Solutions announces acquisition

Atlas Energy Solutions Inc. has completed the acquisition of PropFlow, LLC, a leading provider of patented on-wellsite proppant filtration technology. The transaction, which closed on July 28, 2025, strengthens Atlas' proppant handling capabilities as part of the company's comprehensive mine-to-blender proppant logistics strategy. PropFlow specializes in cutting-edge on-wellsite proppant filtration systems that eliminate proppant debris at the wellsite, reducing maintenance costs and downtime for fracturing equipment while supporting continuous 24/7 pumping operations. The technology addresses operational challenges that can impact completion efficiency and equipment reliability during hydraulic fracturing operations... > read more

Baker Hughes launches GuardVibe

Energy technology company Baker Hughes announced Thursday the commercial launch of its GuardVibe™ torsional vibration dampener, introducing an innovative solution designed to address the persistent challenge of high-frequency torsional drill string vibrations in oil and gas drilling operations. The new technology promises to extend bottom hole assembly (BHA) service life while reducing capital costs and minimizing unplanned downtime for operators. The GuardVibe system distinguishes itself from conventional vibration mitigation technologies through its unique approach to torsional vibration management. Rather than focusing on traditional bit-induced stick-slip management methods, the technology employs internal inertia mass to actively counteract torsional vibrations. This field-proven design eliminates the mechanical and electrical failure mechanisms that have historically plagued existing solutions, addressing long-standing reliability concerns in the drilling industry... > read more

ConocoPhillips boosts processing efficiency

ConocoPhillips has significantly enhanced its Zia Hills asset in New Mexico with the launch of Zia Hills Central Facility 2 (CF2), a state-of-the-art processing facility that optimizes operational costs, expands capacity, reduces surface footprint, and curbs emissions. CF2, operational since January 2024, integrates with the existing CF1 facility within the 13,000-acre Delaware Basin East unit. The new facility processes up to 30,000 barrels of oil per day and 75,000 barrels of water per day, compared to CF1's capacity of 18,000 barrels of oil and 30,000 barrels of water daily. Both facilities can process 120 million standard cubic feet of natural gas per day.... > read more

Baker Hughes and Cactus create joint venture

Baker Hughes, a global energy technology company, has announced an agreement to establish a new joint venture with a subsidiary of Cactus, Inc. Under the terms of the agreement, Baker Hughes will contribute its Surface Pressure Control product line to the venture, while Cactus will take operational control and hold a 65 percent ownership stake. Baker Hughes will retain a 35 percent interest. The joint venture will operate independently from Cactus’ existing Pressure Control business and will focus on strengthening its position in the international market for surface wellhead and production tree systems... > read more

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Wellsite Innovation investment in 2024

As leading wellsite organizations aim to foster more efficient, productive, and sustainable upstream operations, investment...
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Crescent Point announces acquisition

Crescent Point Energy Corp. is pleased to announce that it has entered into an agreement with Spartan Delta Corp. to acquire...
> read more

Schlumberger and RTI NAS Tech Scale Up

Schlumberger has entered into an agreement with RTI International, a non-profit research institute, to accelerate the industrialization...
> read more

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SilverBow Resources announces acquisition

SilverBow Resources, Inc. have announced that it has entered into an agreement to acquire Chesapeake Energy Corporation’s ... > read more

NOG provides update on 2023

Northern Oil and Gas, Inc. have provided an update to 2023 guidance and a preliminary second quarter financial and operational ... > read more

SLB awarded five year contract

SLB has been awarded a five-year contract by Petrobras for an enterprise-wide deployment of its Delfi™ digital platform. ... > read more

Hess electrifies Bakken Rigs

Hess Corporation has replaced diesel fuel with electricity to power its four Bakken drilling rigs – a project that over ... > read more

GA Drilling emphasizes advancements

GA Drilling mentioned Eavor as one of Canada’s leading Advanced Geothermal Systems (AGS) in a LinkedIn article. The ... > read more

NOG announces joint acquisition

Northern Oil and Gas, Inc. has announced that it has entered into a definitive agreement to acquire a 33.33 percent undivided ... > read more

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Earthstone Energy announces

Earthstone Energy, a US-based oil and gas exploration and production company, has announced plans to acquire Novo Oil & Gas ... > read more

NOG announce joint acquisition of Forge Energy

Northern Oil and Gas, Inc. have announced that it has entered into a definitive agreement to acquire a 30 percent undivided ... > read more

Ovintiv to acquire core Midland Basin assets

Ovintiv Inc. has announced it has entered into a definitive purchase agreement to acquire substantially all leasehold interest ... > read more

Crescent Point announces acquisition

Crescent Point Energy Corp. is pleased to announce that it has entered into an agreement with Spartan Delta Corp. to acquire ... > read more

Marathon Oil announces agreement to develop

Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, announced it has signed a Heads of ... > read more

Callon Petroleum Company announces retirement

Callon Petroleum Company has announced L. Richard Flury's intention to retire from the Board of Directors following the 2023 ... > read more

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Intertek to Provide Auditing Services

Intertek, a leading Total Quality Assurance provider to industries worldwide, is proud to announce that it is accredited ... > read more

American Robotics announce

Ondas Holdings Inc. a leading provider of private wireless data, drone, and automated data solutions through its wholly owned ... > read more

Brenntag acquires Tech Management

Brenntag, the global market leader in chemicals and ingredients distribution, has announced the acquisition of Tech Management ... > read more

PETRONAS Uses Halliburton Tech

Halliburton Company has said the implementation of the Halliburton Digital Well Program® and Digital Well Operation DecisionSpace® ... > read more

Shale Mogul’s $975 million from BP

Daniel Rice stands to receive about $975 million in cash from the sale of Archaea Energy, a renewable gas giant he helped ... > read more

Schlumberger and RTI NAS Tech Scale Up

Schlumberger has entered into an agreement with RTI International, a non-profit research institute, to accelerate the industrialization ... > read more

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Permian Output to Hit Record in November

Oil output in the Permian in Texas and New Mexico, the biggest US shale oil basin, is forecast to rise by about 50,000 barrels ... > read more

Deal to Take Continental Private

Continental Resources has said it has agreed to be taken private by billionaire-founder Harold Hamm in a deal that would ... > read more

BP Targets North Sea and US Shale

BP is targeting the North Sea and US shale basins to boost oil and gas supplies in the short term in response to the global ... > read more

North America Drops Another Rig

North America dropped another rig week on week, according to Baker Hughes’ latest rig count, which was published on October ... > read more

Argentinian Shale’s Bottleneck Problems

Activity levels are at all-time highs in Argentina's prime oil and gas producing region, but equipment and transport bottlenecks ... > read more

Eden’s Reservoir Stimulation Technology

Petroleum Development Oman (PDO) recently contracted with Eden GeoPower, a Massachusetts-based geotechnical firm, for the ... > read more