After the Frac slowdown that started in the early part of the year, The world’s biggest provider of fracking equipment, including Rock blasting Pressure Pumping…
Tag: Oilfield Slowdown
The oil-rich Permian basin is slowing – Bad News For Halliburton?
Halliburton is days away from reporting 2Q19 earnings, and a shift in the narrative regarding North America could be bad news for Halliburton. Why? Below…
A Failure Of OPEC+ Could Turn The U.S. Oil Boom Into Another Bust?
By David Blackmon The prevailing conventional “wisdom” appears to be that they will take their medicine one more time, and agree to at least extend…
Evidence Mounts For Another Shale Slowdown
More and more evidence is pointing at what is now looking like a serious slowdown in U.S. shale activity, as sub $50 WTI is taking…
Another Oilfield Slowdown?
If you work in the oil industry long enough you’ll also experience your share of ups and downs., We’ve all been here before. New Data…
Frac Sand Co. Says Schlumberger Unit Owes More Than $1M
Schlumberger Technology Corp. owes more than $1 million to a frac sand company for allegedly breaching an agreement to buy a certain amount of the…
The collapse in oil prices, now hovering around $45 per barrel in the U.S
Currently national gas prices at the pump average around $2.34 a gallon.
Three year OIL (WTI) Price Commodity Chart
The price of oil is the most important value on the international commodity markets.
How do you prepare for a Crude Oil crash if you work in the Oil industry?
Feast or famine is what they like to say in the Oil industry. You’re either working 100hr work weeks or your the yard washing equipment…
