High demand for next-generation fleets, such as electric frac spreads and dual-fuel frac spreads supports pricing premiums over and above those afforded by the tight equipment supply. Industrywide ...

(Bloomberg) -- Shale fracturing crews, mired in a glut of idled equipment, are putting some of their pumps back to work as oil prices rebound. The number of active U.S. frac crews, which bottomed out ...

Closing on Dec. 10-11, the Tiger Group and Liquidity Services bankruptcy sale includes frac pumps, trucks, truck tractors, cranes, lifts, oilfield equipment and other assets. "This is the largest sale ...

For example, electric frac spreads are currently experiencing increased demand as E&P firms seek to reduce their carbon footprint in well production. Liberty continues its efforts in commercializing ...

Oilfield services firm Schlumberger agreed to sell its North American shale fracking business to rival Liberty Oilfield Services , unloading a unit that underperformed during the shale bust.

Analysts are calling for LBRT to at least regain $20, and conceivably hit $27 in the next year. The median of $25, gives the potential of a ~40% gain from the current price of $18.49. To put a bow on ...

HOUSTON, Feb. 1, 2023 /PRNewswire/ -- In alignment with the industry trend of focusing on innovative technologies to replace conventional fracturing, Jereh showcased its newest fracturing solutions at ...

Halliburton is one of the largest oil service companies in the world, providing services and equipment for oil and gas exploration and production. The company's largest competitors in the oil services ...

Chinese offshore giant CNOOC Ltd has taken delivery of the hydraulic fracturing equipment for its first offshore fracking vessel, Hai Yang Shi You 696, as it aims to tap into China’s offshore shale ...

The U.S. shale industry will continue to shrink, but energy companies will emerge from the COVID-19 pandemic downturn stronger, Halliburton's Chief Executive Jeff Miller told investors on Monday.