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Nick Cook, Editor
Issue #267 | April 15, 2020
Lots of difficult news from the oil patch these days. Lots of other interesting news. Take the time to read through this week’s issue. Have a good rest of the week.
This morning comes official news of the first Permian sand mine closure since Black Monday. This may be the first official Permian closure in the pandemic era, but it a) won’t be the last and b) might not be...
Covia, a leading provider of mineral-based material solutions for the Industrial and Energy markets, announced a series of actions taken recently to strengthen safety protocols, reduce capacity...
If a world-wide virus wasn't enough, a major employer is shutting down indefinitely. That was the message delivered to the 60-some employees at Unimin in Utica Monday. Employees, we...
Finally! After hours upon hours of conversation, late nights, and planning, we are ready to announce the merger of Quality Transportation Services and Spur America! Although QTS has been in business...
Athabasca Minerals Inc. is pleased to announce AMI RockChain’s recent achievement in completing a $1 million job order for the supply of specialized aggregates product to...
Signal Peak Silica has updated the details of its mass layoff at its field operations location at 243453 US Highway 270, Oakwood, OK 73658. The company has laid off 87 employees and closed the location...
During this particularly difficult time for the oil & gas sector many of our colleagues are looking for new career opportunities. We’d like to help. If your company has opportunities available anywhere...
In addition to the personnel exposure benefit, the elimination of the drying process has a very real impact on energy consumption and the resulting emissions. Converting an annual operation that...
Key Minerals is proud to announce our NEW web page! You are welcome to visit our web page and contact us if you have any questions. Please feel free to share this post with anyone you...
OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices...
In this episode of Industry Focus: Energy, Nick Sciple and Motley Fool contributor Jason Hall chat about news from the oil industry, answer listeners' questions, and talk about some recession-resistant...
E&P operators announced their spending cuts a week or two before most of the oilfield service industry. We are tracking the E&P capex pullbacks in real-time here, and their planned rig...
A major oil and gas producer in the Permian Basin announced it planned to scale back capital spending by almost a third in response to plummeting oil prices and reduced operations due to the coronavirus...
The three largest oilfield service companies continue to face economic difficulties even as OPEC, its allies and other nations reached a milestone deal over the weekend to cut production...
Houston oilfield service company Baker Hughes plans to write down the value of its assets by $15 billion and cut capital spending by more than 20 percent from 2019 levels as market conditions worsen...
Sit tight and don’t panic. We’re going to be fine. We’ve been here before. I remember signs in the front yards in Midland, Texas after the 1973 Oil Embargo saying “God, Please give us higher oil prices...
President Donald Trump said the “big Oil Deal” sealed on Sunday will save hundreds of thousands of American jobs. But the agreement he brokered depends on a sharp downturn in shale that will likely bring about a wave of bankruptcies and job cuts. Days of frantic diplomatic maneuvering...
Houston-based NexTier Oilfield Solutions is laying off several dozen workers that provided hydraulic fracturing and other services to shale plays in Oklahoma. NexTier has laid off 85 workers at its...
Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices. On Thursday, the regional news outlet in the Vaca Muerta, Rio Negro, reported that...
Pretty interesting read, and a lot of good questions to be thinking about. I still wonder if we are going to ever examine the link between in-basin proppants and well production decline rates, and get...
Hydraulic fracturing is widely accepted technology to unlock unconventional reservoirs and produce the hydrocarbon fluids at feasible rates, but reaching these rates requires an optimal designing...
This BBC correspondent seems to be uneducated in the topic about which he writes
He spends many paragraphs explaining how due to urban development pressures, sharp sand is becoming rare...
Ever since America’s earliest oil discoveries, detonating dynamite or nitroglycerin down-hole helped increase a well’s production. The technology – commonly used in oilfields for almost a century – would be...
New Delhi: Taking advantage of a loophole in the guidelines issued by the Central Ground Water Authority pertaining to groundwater extraction, massive quantities of it are being exploited without...
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