Search Results for: US Well Services

Calfrac revenue doubles as oil price rebound

Calfrac

On Tuesday, Calgary-based Calfrac Well Services Ltd. reported it more than doubled its first-quarter revenue compared with the same period last year and is reactivating equipment it parked over the past three years.

Meanwhile, both Calfrac and its crosstown rival, Trican Well Service Ltd., have been rehiring. Read more

Keane Group Adding More Hydraulic Fracturing Fleets

Keane Group

Keane Group, Inc. (“Keane” or the “Company”) Has Announced  it has placed orders for approximately 150,000 newbuild hydraulic horsepower,  (frac pumps) representing three additional hydraulic fracturing fleets, which will increase its position as a leading provider of completions services in the U.S.
“Supply and demand fundamentals for U.S. oil and gas well completions remain highly constructive for quality completions service providers,” said James Stewart, Chairman and Chief Executive Officer of Keane. “Favorable conditions have continued to improve throughout the year, and robust 2018 capital budgets announced by producers in recent weeks have amplified and validated the growing demand for our services, which remains in excess of supply. This visibility, coupled with additional pricing improvements, provide the firmness of demand and favorable economics we require to deploy newbuild capital and further our growth trajectory. Read more

Halliburton Launches New High-Speed Telemetry Service

 Halliburton, Frac Technology

Sperry Drilling, a Halliburton (NYSE: HAL) business, today announced the release of JetPulse™ high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements. This new telemetry system helps operators make faster decisions to optimize well placement and improve well control while increasing drilling efficiency. Read more

Rocket Fuel Technology for Fracturing?

Frac Technology, Rocket frac Services

Startup Aims To Advance Rocket Fuel Technology for Fracturing.

RocketFrac Services Ltd. is a highly-driven Canadian company focused on the development of innovative well stimulation tools. RocketFrac has designed a break-through fracing technology allowing for economically efficient and environmentally friendly oil and gas recovery without the need for water or proppant.

The PSI-CLONE tool, which holds the propellant, is reusable. Once the propellant has burned out completely, the tool can be reloaded with another block of fuel. The company states that the system requires a single coiled tubing unit, as opposed to the multiple pumper trucks and water tanks used for hydraulic fracturing, and requires three to five onsite personnel. Read more

Lead Wireline Operator with CDL – Williston, ND

Frac Jobs

Responsible for performing wireline services on oil and gas wells under the direct supervision of a field service Operations Engineer. Responsible for the job readiness of the logging truck, crane truck, and other transport vehicles assigned to you and your crew; Responsible for maintenance and care of mobile equipment including wireline trucks, crane trucks, and other fleet vehicles. Read more