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BJ Services Company

15 articles mentioning BJ Services Company

BJ Services Files for Bankruptcy; Will Sell Off Assets

BJ Services Files for Bankruptcy; Will Sell Off Assets

BJ Services LLC has filed Chapter 11 bankruptcy. The company intends to sell its assets, and is in active discussions with bidders regarding both the cementing business and portions of the fracturing business. About BJ Services...

U.S. Frac Crew/Spread Count - Week Ending - July 3, 2020

U.S. Frac Crew/Spread Count - Week Ending - July 3, 2020

The U.S. Frac Crew Count continues to increase. This week we observed an increase in the MidCon region and the Permian Basin. The weekly frac spread count tracks frac fleets across the U.S. on a weekly...

U.S. Frac Crew/Spread Count Continues to Increase; Week Ending - June 26, 2020

U.S. Frac Crew/Spread Count Continues to Increase; Week Ending - June 26, 2020

This week we observed another uptick in Frac Activity. The U.S. Frac Crew Count increased by +3 this week to end at 64 active fleets. The Permian gained +2 this week and the Bakken up by...

Major Uptick in U.S. Frac Spread/Crews - Week Ending June 19, 2020

Major Uptick in U.S. Frac Spread/Crews - Week Ending June 19, 2020

This was a good week for the frac market. The week ended with 61 active spreads. Frac Crews overtime.

U.S. Frac Spread/Crew - Week Ending June 12, 2020

U.S. Frac Spread/Crew - Week Ending June 12, 2020

Another good week for the U.S. frac spreads. Through our back channels and survey data, we are reporting that the crew count went up by +5 last week. This marks the fourth week that we are...

U.S. Frac Spread Count, By Basin/Play - Week Ending June 5, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending June 5, 2020

Another good week for the U.S. frac spreads. Through our back channels and survey data, we are reporting that the crew count went up by +3 last week. This marks the third week that we are...

U.S. Frac Spread Count, By Basin/Play - Week Ending May 29, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending May 29, 2020

As expected, Frac fleets remained unchanged this week at 56. As most of you might remember, last week we reported the +2 fleets that started working this week. This week we will include another version of...

U.S. Frac Spread Count, By Basin/Play - Week Ending May 22, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending May 22, 2020

There have been a lot of you, 19 emails to be exact about wanting us to provide a little more details/ break-out of active frac crews by Basin/Play. While this level of details is normally reserved...

Active Frac Crews/Fleets Up +2 - Week Ending, May 15, 2020

Active Frac Crews/Fleets Up +2 - Week Ending, May 15, 2020

This week we observed an interesting thing when talking to our contacts in the field. One pressure pumpter told us they were called back by an operator on Monday of this week to complete a pad...

Frac Market Update :  Operators Drop 45 Frac Crews

Frac Market Update : Operators Drop 45 Frac Crews

As more and more operators cut rig counts, they are also dropping frac fleets as well. Below is our Frac Fleet Update as of 4/19/2020 U.S. Frac Crews/ Completion Spreads To demonstrate the share magnitude of...

U.S. Frac Crew Count/Completion Spreads: Week Ending April 11, 2020

U.S. Frac Crew Count/Completion Spreads: Week Ending April 11, 2020

In another week, we look at our Frac Crew Tracking data. This week frac crew count comes in at 188, which is down (-31) from last week. A few observations from our field surveys. - Two...

BJ Services, Aethon Ink Multi-Year TITAN Frac Deal in the Haynesville

BJ Services, Aethon Ink Multi-Year TITAN Frac Deal in the Haynesville

BJ Services has entered into a multi-year contract with Aethon Energy for the deployment of the Company's first TITAN™ next-generation fracturing fleet in the Haynesville shale. Powered by a direct drive natural gas-fueled turbine, the first...

BJ Services Testing New Frac Pump in the Haynesville

BJ Services Testing New Frac Pump in the Haynesville

BJ Services has announced the advancement of field trials for its next-generation fracturing pump platform, the TITAN™ - tests are taking place in the Haynesville Shale. The Company initiated yard testing of a prototype configuration in...

Less Than a Year After Sealing Merger, GE to Ditch Stake in Baker Hughes

Less Than a Year After Sealing Merger, GE to Ditch Stake in Baker Hughes

General Electric (GE) has announced that it plans to divest its stake in Baker Hughes. This development comes a mere 11 months after the merger deal was closed (July 2017). GE holds a 62.5% stake in...

BJ Services Hires New CFO; Adds Former Schlumberger CEO to Board

BJ Services Hires New CFO; Adds Former Schlumberger CEO to Board

All appointments are effective immediately.