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Frac Market Update Q1 2016 : Pressure Pumping, Market Share, Debt & Bankruptcy
Latest News affecting the Pressure Pumping Market April 22, 2016 : Schlumberger : Schlumberger to Cut 8,000 Jobs April 22, 2016 : Halliburton : Halliburton to Cut 6,000…
Frac Market Update : As Weatherford Shifts Its Focus; Halliburton & FTS To Gain Share
In its fourth quarter 2015 conference call, Weatherford International Chairman, President & CEO Bernard J. Duroc-Danner discussed how the company is continuing to focus less on the pressure…
CUDD Talks Frac/Pressure Pumping Market In 2015
Some highlights of the company's conference call Q&A session are detailed
Frac Tech / FTS Signs China JV with Sinopec; Loses Market Share In US
As most of you might remember, Frac Tech/ FTS was once a top pressure pumper in the US before the likes of ...
Schlumberger, Baker, Halliburton, Basic, CJES Talk Frac Market
Several pressure pumpers are increasing horsepower capacity, despite an already oversupplied market.
Rockies News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…
Williston Basin News
Permian E&P Bucking The Trend; Plan to Increasing Drilling & Fracs in 2026
Occidental’s 2025 U.S. onshore program is centered on the Permian, with ~$3.5B of Permian CapEx and ~$0.8B in the Rockies, totaling ~$4.3B. This supports ~15 net rigs in…
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
Japex Enters DJ Basin with Acquistion of Verdad
Japan Petroleum Exploration Co., Ltd. (JAPEX) has announced a major expansion into North American shale with a $1.3 billion acquisition of Verdad Resources Intermediate Holdings LLC (VRIH), marking…
Dallas Fed Energy Survey: What Oil and Gas Executives Are Really Saying
The latest Dallas Fed Energy Survey shows a U.S. oil and gas industry that is not collapsing—but is clearly constrained. Executives are operating in a defensive posture, focused…
Large E&P Adds Second Completions Crew and Accelerates 4-Mile Lateral Program
Chord Energy extended its 2025 execution streak in 3Q25, delivering oil volumes above the midpoint of guidance while keeping E&P and other capital spending below the midpoint. The…