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Exxon Mobil plans to reduce the number of oil rigs operating in Texas

Exxon Mobil said Thursday it plans to reduce the number of oil rigs operating in an oil-rich region in the Southwest and may cut...

Cheap Hotel Rooms in West Texas? Yes , And that’s bad news for frackers

A finance source I speak with contacted me this week with the news they were paying $250 a night for their room at a...

Halliburton Cuts 8% of North American Fracking Jobs

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...

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?...

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...
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