Drilling & Completions | Service & Supply | Oilfield Services | Capital Markets | Private Equity Activity
Nine Energy Talks Completion of Eclipse's Record Utica Well
Nine Energy Service was the service company that assisted Eclipse in completing its record-lateral well earlier this month.
Nine successfully completed 124 perforated stages in an 18,544 ft. lateral (27,034 ft. TMD) in Guernsey County, Ohio.
More Service & Supply News

Baker Hughes Solid Y/Y Performance Amidst US Frac Market Slowdown
Baker Hughes reported a strong second quarter for 2025, with total company revenue rising to $7.1 billion, a 13% increase over the $6.3 billion reported in Q2 2024.…

Halliburton Warns of Deepening U.S. Frac Slowdown
Halliburton's Q2 earnings call confirmed what we said in our recent Intel-Bits report: the back half of 2025 is shaping up to be significantly weaker than expected, particularly…

Schlumberger Shows Steady Resilience Amid Market Volatility
SLB has reported its financial results for the second quarter of 2025, reflecting stable sequential performance and resilience in the face of macroeconomic and industry-wide challenges. Despite a…

Liberty Energy Reducing Frac Fleets As Market Activity Slows; Talks 2025
Liberty Energy, much like Patterson UTI said they are reducting fleet count amidst a slowing on frac activity. During the most recent earnings call the company said.. Cutting…

Service Companies Talk Bleak Outlook for Remainder of 2024
As most of you might remember, back in May we told you to expect significant slow down in drilling & completion activity. Read here. But that analysis was…
Northeast 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…

Ascent Resources 2026: A Quiet Growth Story for Oilfield Services
Ascent Resources may not be making headlines with rig additions or dramatic well count increases, but a closer read of their March 2026 investor presentation — compared against…

Infinity Closes $1.2B Utica Upstream & Midstream Deal
Infinity Natural Resources has completed its $1.2 billion acquisition of upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream, according to company disclosures…

Antero Resources Completes $2.8B Marcellus Expansion
Antero Resources Completes $2.8B Marcellus Expansion Antero Resources has completed the previously announced acquisition of upstream assets from HG Energy II, LLC, significantly expanding its core position in…